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How to buy Dril-Quip (DRQ) stocks in Canada

Learn how to easily invest in Dril-Quip stocks.

Dril-Quip is an oil & gas equipment & services business based in the US. Dril-Quip stocks (DRQ.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $39.09 – an increase of 4.5% over the previous week. Dril-Quip employs 1,347 staff and has a trailing 12-month revenue of around $332.3 million.

How to buy shares in Dril-Quip

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – DRQ – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Dril-Quip stock price (NYSE:DRQ)

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

Dril-Quip shares at a glance

Information last updated 2022-01-25.
Latest market close$25.57
52-week range$18.17 - $40.62
50-day moving average $20.90
200-day moving average $26.99
Wall St. target price$25.80
PE ratio 1212.145
Dividend yield N/A (0%)
Earnings per share (TTM) $-2.14

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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.

Dril-Quip price performance over time

Historical closes compared with the close of $25.57 from 2022-01-27

1 week (2022-01-21) 4.50%
1 month (2021-12-27) 30.19%
3 months (2021-10-24) N/A
6 months (2021-07-28) -11.74%
1 year (2021-01-28) -17.99%
2 years (2020-01-28) -39.55%
3 years (2019-01-28) 36.28
5 years (2017-01-27) 63.45

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 1212x. In other words, Dril-Quip shares trade at around 1212x 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 $8.5 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 $332.3 million
Gross profit TTM $95.3 million
Return on assets TTM -2.16%
Return on equity TTM -751.7%
Profit margin -22.82%
Book value $27.69
Market capitalisation $872.6 million

TTM: trailing 12 months

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 5 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 $18.17 up to $40.62. A popular way to gauge a stock's volatility is its "beta".

DRQ.US volatility(beta: 1.32)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 1.3249. 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 engineered 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, 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; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. 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. The company was founded in 1981 and is headquartered in Houston, Texas.

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