Dril Quip is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker DRQ on the NYSE exchange.
Dril Quip stock last closed at $21.52, up 2.77% from the previous day, and has decreased 2.84% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.1 percentage points. Dril Quip stock is currently +4.69% from its 52-week low of $20.56, and -40.14% from its 52-week high of $35.95.
There are currently 34.18M DRQ shares outstanding. The market cap of DRQ is $735.62M. In the last 24 hours, 173,022 DRQ shares were traded.
How to Buy Dril Quip Stock
Not sure how to invest in Dril Quip stock? Here's how.
Choose where to buy Dril Quip stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Dril Quip stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Deposit money your investment account: Choose your payment method and add your info.
Analyze Dril Quip stock: The Dril Quip ticker symbol is DRQ. Is Dril Quip stock a good investment? Should you buy shares of DRQ? How do DRQ's underlying business fundamentals look? Do top analysts think Dril Quip is a good buy? Why has DRQ's stock price moved recently? (Hint: Our stock research tools can help you figure out if DRQ is a good stock to buy).
Execute your DRQ buy order: Decide if you will purchase DRQ shares at the current market price or use a limit order to purchase DRQ shares at a given price.
Get key alerts regarding your DRQ investment: Create a watchlist to keep track of your new investment in Dril Quip shares.
Step 1: Choose where to buy Dril Quip stock
You need an online brokerage account in order to access the NYSE market and buy DRQ shares.
A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Open your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal details so you can buy DRQ today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Dril Quip stock
Once you have decided on the best place to buy Dril Quip stock, it's crucial to evaluate their stock prior to investing, so you can understand the risk and opportunity.
Dril Quip stock quick numbers
DRQ Price
$21.52
1w %
-4.61%
1y %
-2.84%
5y %
-35.72%
P/E
-430.4x
P/B
0.85x
P/S
1.86x
PEG
N/A
Revenue
$394.53M
Earnings
-$1.50M
Fore. Rev. Growth
6.84%
Fore. Earn. Growth
N/A
Market Cap
$735.62M
Next Earnings
N/A
Next Dividend
N/A
Fundamentals of Dril Quip
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on DRQ's stock page.
Is DRQ stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge DRQ's fair value.
Using relative valuations metrics:
DRQ may be undervalued based on its P/B ratio of 0.85x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.62x
You can access additional valuation analysis on DRQ's stock here.
Is DRQ a healthy company?
Signs that DRQ is financially healthy:
There are more short-term assets than long-term liabilities on the DRQ balance sheet.
DRQ has cash burn of 42454000. It has sufficient cash and short-term investments to cover this for at least one year.
DRQ has a low debt to equity ratio of 0.16.
DRQ has $189.98M in cash and short term investments. This is enough to cover its annual cash burn of $42.45M.
DRQ profit margin has gone up from -18.8% to -0.4% in the past year.
There are more short-term assets than short-term liabilities on the DRQ balance sheet.
Signs that DRQ is not financially healthy:
Total DRQ debt is higher than 5 years ago, relative to shareholder equity.
Is Dril Quip stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on DRQ, the consensus analyst rating on DRQ is a Strong Sell
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Last year, DRQ revenue was $394.53M. Over the last 5 year, DRQ's revenue has grown by -0.04% per year. This was slower than the Oil & Gas Equipment & Services industry average of 3.41%.
No, Dril Quip doesn't provide an income stream by paying out dividends.
What others are saying about DRQ
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Step 5: Execute your DRQ buy order
You have two main options:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are mostly fine for most investors.
Limit order: A limit order enables you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a specific price limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need more assistance buying stocks on eToro, watch the how to video below:
As of Dec 8, 2023, it costs $21.52 to buy one share of Dril Quip stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.465 shares of DRQ.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.