Dril-Quip (NYSE: DRQ) is one of 14 public companies in the “Oil & gas field machinery” industry, but how does it compare to its rivals? We will compare Dril-Quip to similar businesses based on the strength of its profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.
Earnings and Valuation
This table compares Dril-Quip and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Dril-Quip||$455.47 million||-$100.63 million||171.15|
|Dril-Quip Competitors||$3.65 billion||-$224.01 million||18.01|
This table compares Dril-Quip and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional & Insider Ownership
73.1% of shares of all “Oil & gas field machinery” companies are held by institutional investors. 1.1% of Dril-Quip shares are held by insiders. Comparatively, 7.8% of shares of all “Oil & gas field machinery” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This is a breakdown of recent ratings and target prices for Dril-Quip and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Dril-Quip presently has a consensus target price of $49.00, indicating a potential upside of 10.11%. As a group, “Oil & gas field machinery” companies have a potential upside of 3.35%. Given Dril-Quip’s higher possible upside, analysts clearly believe Dril-Quip is more favorable than its rivals.
Volatility & Risk
Dril-Quip has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Dril-Quip’s rivals have a beta of 0.97, meaning that their average share price is 3% less volatile than the S&P 500.
Dril-Quip rivals beat Dril-Quip on 8 of the 13 factors compared.
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. It operates through three segments: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific. The company's principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as consumable downhole products. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of the its products. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.
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