The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dril-Quip's revenues will improve 24.1% and EPS will grow 27.3%.
The average estimate for revenue is $170.0 million. On the bottom line, the average EPS estimate is $0.70.
Last quarter, Dril-Quip recorded revenue of $177.1 million. GAAP reported sales were 29% higher than the prior-year quarter's $137.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.71. GAAP EPS of $0.71 for Q1 were 31% higher than the prior-year quarter's $0.54 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 39.6%, 220 basis points worse than the prior-year quarter. Operating margin was 22.6%, 40 basis points better than the prior-year quarter. Net margin was 16.3%, 60 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $699.8 million. The average EPS estimate is $2.88.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 341 members out of 364 rating the stock outperform, and 23 members rating it underperform. Among 95 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give Dril-Quip a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dril-Quip is outperform, with an average price target of $72.90.
Is Dril-Quip the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Dril-Quip to My Watchlist.