Brokers Offer Predictions for DTI Q2 Earnings

Drilling Tools International Corp. (NASDAQ:DTI) – Investment analysts at Sidoti issued their Q2 2026 earnings estimates for Drilling Tools International in a research report issued on Monday, May 11th. Sidoti analyst S. Ferazani expects that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for Drilling Tools International’s current full-year earnings is $0.19 per share. Sidoti also issued estimates for Drilling Tools International’s Q4 2026 earnings at $0.09 EPS and FY2026 earnings at $0.09 EPS.

Drilling Tools International (NASDAQ:DTI) last issued its quarterly earnings results on Thursday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04). Drilling Tools International had a negative net margin of 2.35% and a positive return on equity of 0.45%. The company had revenue of $37.96 million during the quarter, compared to analysts’ expectations of $37.80 million.

Several other equities analysts also recently weighed in on DTI. Weiss Ratings downgraded shares of Drilling Tools International from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. Wall Street Zen cut Drilling Tools International from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research lowered Drilling Tools International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Drilling Tools International Stock Up 1.7%

NASDAQ DTI opened at $2.94 on Wednesday. Drilling Tools International has a one year low of $1.65 and a one year high of $4.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.52 and a current ratio of 2.15. The business has a fifty day moving average price of $3.52 and a 200 day moving average price of $3.17. The company has a market cap of $103.45 million, a P/E ratio of -26.73, a P/E/G ratio of 1.69 and a beta of -0.60.

Hedge Funds Weigh In On Drilling Tools International

Hedge funds have recently modified their holdings of the business. XTX Topco Ltd boosted its stake in Drilling Tools International by 52.3% during the fourth quarter. XTX Topco Ltd now owns 16,026 shares of the company’s stock worth $39,000 after buying an additional 5,504 shares during the period. Qube Research & Technologies Ltd acquired a new stake in Drilling Tools International in the 2nd quarter valued at approximately $49,000. Citadel Advisors LLC acquired a new stake in Drilling Tools International in the 3rd quarter valued at approximately $55,000. Veradace Capital Management LLC purchased a new stake in Drilling Tools International in the fourth quarter valued at approximately $62,000. Finally, Jane Street Group LLC purchased a new position in shares of Drilling Tools International during the fourth quarter worth $69,000. 2.79% of the stock is currently owned by hedge funds and other institutional investors.

About Drilling Tools International

Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.