Dril-Quip, Inc. Shares Close the Week 21.9% Higher - Weekly Wrap
The company saw its shares close the week 21.9% higher than last week, with trading volume higher than its 30 day average.
Mar 17, 2023 by Kwhen Finance Editors
Dril-Quip, Inc. (DRQ) shares closed this week 21.9% higher than it did at the end of last week. The stock is currently up 31.8% year-to-date, up 8.0% over the past 12 months, and down 19.0% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
- Shares traded as high as $31.27 and as low as $26.26 this week.
- Shares closed 34.5% below its 52-week high and 41.5% above its 52-week low.
- Trading volume this week was 29.4% higher than the 10-day average and 65.6% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Fundamentals & Catalysts
- Over the past 12 months the company generated $5 million in earnings before interest and taxes from $350 million in revenue. It currently holds $362 million in cash and $95 million in debt.
- Its forward price-to-earnings (P/E) ratio of -67.02648918442256 is lower than its current P/E ratio of 2761.52, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.09. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.12 which means it currently has $1.12 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 1.18. This means that the stock is trading at a premium of 1 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 3.39.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 2.36.
P/E
2761.52
EBITDA
$5M
P/Book
1.18
Mkt Cap
$1B
P/Sales
3.39
Revenue
$350M
EPS (TTM)
0.01
PEG Ratio
0.09
EV/Revenue
2.36
Total Cash
$362M
Debt/Equity
1.12
Forward P/E
-67.03
Current Debt
$95M
Gross Profit
$95M
Dividend Date
-
Earnings Date
2023-04-27
Profit Margin
-0.13
Revenue/Share
9.88
Total Revenue
$350M
Enterprise Val
$825M
Put/Call Ratio
1.88
Revenue/Employee
0.00
Market Comparative Performance
- The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company share price beats the performance of its peers in the Industrials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Dril-Quip, Inc. | -2.0 | 31.8 | 8.0 | -33.8 | 42.9 |
| Dow Jones Industrial Average | -1.5 | 1.1 | 1.3 | -8.1 | 12.7 |
| S&P 500 Index | -1.5 | 5.7 | -5.7 | -13.8 | 13.4 |
| Industrials | -1.6 | 6.5 | 2.4 | -10.1 | 16.7 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by 85.9%
- The company's stock price performance over the past 12 months lags the peer average by -75.4%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 188546.8% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Dril-Quip, Inc. | DRQ | 2761.5 | 31.8 | 8.0 | -33.8 | 42.9 |
| Peer Avg | N/A | 1.5 | 17.1 | 32.6 | -25.5 | 54.8 |
| Schlumberger Ltd. | SLB | 23.2 | 5.2 | 45.0 | -26.6 | 51.0 |
| NOV Inc | NOV | 58.7 | 11.0 | 27.8 | -27.3 | 29.8 |
| TechnipFMC plc | FTI | -63.3 | 25.8 | 105.9 | -22.0 | 128.1 |
| Oil States International, Inc. | OIS | -69.6 | 39.3 | 76.7 | -28.4 | 113.7 |
| Newpark Resources, Inc. | NR | -20.7 | 15.9 | 26.6 | -20.0 | 65.1 |
| Forum Energy Technologies Inc | FET | 85.7 | 4.7 | 47.5 | -28.2 | 44.9 |
| Flotek Industries Inc | FTK | -2.4 | 7.1 | -25.9 | -51.8 | 5.5 |
| Bolt Biotherapeutics Inc | BOLT | 0 | 27.7 | -43.2 |
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