DRQ has been the subject of several other reports. Zacks Investment Research cut Dril-Quip from a hold rating to a sell rating in a research note on Wednesday, January 3rd. ValuEngine cut Dril-Quip from a hold rating to a sell rating in a research note on Sunday, December 31st. Cowen set a $45.00 price target on Dril-Quip and gave the company a hold rating in a research note on Thursday, January 11th. FBR & Co reiterated a buy rating on shares of Dril-Quip in a research note on Friday, October 27th. Finally, TheStreet upgraded Dril-Quip from a d+ rating to a c- rating in a research note on Friday, January 26th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. Dril-Quip currently has a consensus rating of Hold and an average target price of $50.13.
Shares of Dril-Quip (NYSE:DRQ) opened at $46.80 on Friday. The stock has a market capitalization of $1,771.87, a P/E ratio of 111.43 and a beta of 0.72. Dril-Quip has a 12 month low of $35.85 and a 12 month high of $67.95.
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Dril-Quip Company Profile
Dril-Quip, Inc (Dril-Quip) designs, manufactures, sells and services engineered drilling and production equipment. The Company’s operations are organized into three geographic segments: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore.
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