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How to buy Dril-Quip stock | $33.1

Own Dril-Quip stock in just a few minutes.

Fact checked

Dril-Quip, Inc is an oil & gas equipment & services business based in the US. Dril-Quip shares (DRQ) are listed on the NYSE and all prices are listed in US Dollars. Dril-Quip employs 1,444 staff and has a trailing 12-month revenue of around USD$386.2 million.

How to buy shares in Dril-Quip

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Dril-Quip. Find the stock by name or ticker symbol: DRQ. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Dril-Quip reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$33.1, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Dril-Quip, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Dril-Quip. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Dril-Quip share price

Use our graph to track the performance of DRQ stocks over time.

Dril-Quip shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$33.1
52-week rangeUSD$22.25 - USD$48.39
50-day moving average USD$30.8276
200-day moving average USD$30.2155
Wall St. target priceUSD$30.15
PE ratio 552.2
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.048

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Dril-Quip stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dril-Quip price performance over time

Historical closes compared with the close of $33.1 from 2020-12-09

1 week (2021-01-07) -2.53%
1 month (2020-12-17) 2.26%
3 months (2020-10-15) 32.51%
6 months (2020-07-15) 0.52%
1 year (2020-01-15) -27.95%
2 years (2019-01-15) -11.31%
3 years (2018-01-13) N/A
5 years (2016-01-15) 53.88

Is Dril-Quip under- or over-valued?

Valuing Dril-Quip stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Dril-Quip's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Dril-Quip's P/E ratio

Dril-Quip's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 552x. In other words, Dril-Quip shares trade at around 552x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Dril-Quip's EBITDA

Dril-Quip's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$26 million.

The EBITDA is a measure of a Dril-Quip's overall financial performance and is widely used to measure a its profitability.

Dril-Quip financials

Revenue TTM USD$386.2 million
Gross profit TTM USD$119.8 million
Return on assets TTM -0.38%
Return on equity TTM -1.14%
Profit margin -3.14%
Book value $29.565
Market capitalisation USD$1.1 billion

TTM: trailing 12 months

Shorting Dril-Quip shares

There are currently 1.7 million Dril-Quip shares held short by investors – that's known as Dril-Quip's "short interest". This figure is 2.1% up from 1.7 million last month.

There are a few different ways that this level of interest in shorting Dril-Quip shares can be evaluated.

Dril-Quip's "short interest ratio" (SIR)

Dril-Quip's "short interest ratio" (SIR) is the quantity of Dril-Quip shares currently shorted divided by the average quantity of Dril-Quip shares traded daily (recently around 225678.22685789). Dril-Quip's SIR currently stands at 7.67. In other words for every 100,000 Dril-Quip shares traded daily on the market, roughly 7670 shares are currently held short.

However Dril-Quip's short interest can also be evaluated against the total number of Dril-Quip shares, or, against the total number of tradable Dril-Quip shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Dril-Quip's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Dril-Quip shares in existence, roughly 50 shares are currently held short) or 0.0807% of the tradable shares (for every 100,000 tradable Dril-Quip shares, roughly 81 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Dril-Quip.

Find out more about how you can short Dril-Quip stock.

Dril-Quip share dividends

We're not expecting Dril-Quip to pay a dividend over the next 12 months.

Have Dril-Quip's shares ever split?

Dril-Quip's shares were split on a 2:1 basis on 6 October 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Dril-Quip shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Dril-Quip shares which in turn could have impacted Dril-Quip's share price.

Dril-Quip share price volatility

Over the last 12 months, Dril-Quip's shares have ranged in value from as little as $22.25 up to $48.39. A popular way to gauge a stock's volatility is its "beta".

DRQ.US volatility(beta: 1.54)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Dril-Quip's is 1.5438. This would suggest that Dril-Quip's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Dril-Quip overview

Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services onshore and offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. Dril-Quip, Inc. was founded in 1981 and is headquartered in Houston, Texas.

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