Is Dril Quip Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NYSE: DRQ) stock is to Strong Sell DRQ stock.
Out of 1 analyst, 0 (0%) are recommending DRQ as a Strong Buy, 0 (0%) are recommending DRQ as a Buy, 0 (0%) are recommending DRQ as a Hold, 0 (0%) are recommending DRQ as a Sell, and 1 (100%) are recommending DRQ as a Strong Sell.
What is DRQ's forecast return on equity (ROE) for 2023-2024?
(NYSE: DRQ) forecast ROE is 5.83%, which is considered weak.
What is DRQ's Price Target?
According to 1 Wall Street analyst that have issued a 1 year DRQ price target, the average DRQ price target is $26.00, with the highest DRQ stock price forecast at $26.00 and the lowest DRQ stock price forecast at $26.00.
The Wall Street analyst predicted that Dril Quip's share price could fall to $26.00 by Aug 3, 2024. The average Dril Quip stock price prediction forecasts a potential downside of 6.1% from the current DRQ share price of $27.69.
What is DRQ's forecast return on assets (ROA) for 2023-2024?
(NYSE: DRQ) forecast ROA is 5.23%, which is lower than the forecast US Oil & Gas Equipment & Services industry average of 9.29%.
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