Equities Analysts Offer Predictions for DTI Q3 Earnings

Drilling Tools International Corp. (NASDAQ:DTI) – Sidoti cut their Q3 2026 EPS estimates for Drilling Tools International in a research report issued on Thursday, October 15th. Sidoti analyst S. Ferazani now anticipates that the company will post earnings of $0.03 per share for the quarter, down from their prior estimate of $0.06. The consensus estimate for Drilling Tools International’s current full-year earnings is $0.10 per share. Sidoti also issued estimates for Drilling Tools International’s Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.04 EPS, Q1 2027 earnings at $0.03 EPS, Q2 2027 earnings at $0.03 EPS, Q3 2027 earnings at $0.05 EPS and Q4 2027 earnings at $0.05 EPS.

Drilling Tools International (NASDAQ:DTI) last issued its earnings results on Thursday, August 6th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $38.07 million during the quarter, compared to the consensus estimate of $38.72 million. Drilling Tools International had a negative net margin of 1.97% and a positive return on equity of 0.58%.

A number of other analysts have also recently commented on the stock. Zacks Research cut shares of Drilling Tools International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Jefferies Financial Group reaffirmed a “hold” rating and set a $2.80 price objective on shares of Drilling Tools International in a research note on Sunday, August 9th. Finally, Weiss Ratings lowered Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Drilling Tools International presently has a consensus rating of “Reduce” and a consensus target price of $2.80.

Drilling Tools International Trading Down 7.7%

Shares of NASDAQ DTI opened at $1.67 on Friday. The company’s fifty day moving average is $2.42 and its 200-day moving average is $2.65. The stock has a market cap of $58.92 million, a price-to-earnings ratio of -18.55, a P/E/G ratio of 2.01 and a beta of -0.61. Drilling Tools International has a twelve month low of $1.61 and a twelve month high of $4.69. The company has a quick ratio of 1.58, a current ratio of 2.18 and a debt-to-equity ratio of 0.40.

Institutional Trading of Drilling Tools International

Large investors have recently bought and sold shares of the business. Private Management Group Inc. acquired a new stake in Drilling Tools International during the 2nd quarter worth approximately $3,361,000. Walleye Capital LLC acquired a new position in shares of Drilling Tools International in the first quarter valued at approximately $1,243,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Drilling Tools International in the first quarter valued at approximately $954,000. Algert Global LLC boosted its holdings in shares of Drilling Tools International by 275.6% in the second quarter. Algert Global LLC now owns 74,041 shares of the company’s stock valued at $143,000 after buying an additional 54,328 shares during the period. Finally, BlackRock Inc. bought a new stake in shares of Drilling Tools International during the second quarter worth $254,000. 2.79% of the stock is owned by institutional investors.

About Drilling Tools International

Drilling Tools International Corp. (NASDAQ: DTI) is an oilfield services company that provides downhole drilling tools and related equipment to exploration and production companies, drilling contractors and other energy-sector customers. The company’s offerings are designed for use in onshore and offshore drilling operations, including applications involving directional drilling, well construction and completion.

Its product portfolio includes drill collars, heavy-weight drill pipe, stabilizers, subs, drilling jars, downhole motors and other specialized drilling tools.