Stock Updates

Is this Large Market Cap Stock target price reasonable for Dril-Quip, Inc. (NYSE:DRQ)?

The company in question is, Dril-Quip, Inc. (NYSE:DRQ) currently with a stock price of 54.9 (-1.61% today). The market cap for Dril-Quip, Inc. is 2110.36, and is in the sector Basic Materials, and Oil & Gas Equipment & Services industry. The target price for Dril-Quip, Inc. is 57.46. Currently Dril-Quip, Inc. is trading with a P/E of 12.32, and a forward P/E of 54.44. Average volume for Dril-Quip, Inc. is 418.66 and so far today it is 101982.

Performance in the last year for Dril-Quip, Inc. has been -13.35%. For EPS growth, Dril-Quip, Inc. has seen a growth of -4.00%, and is looking to grow in the next year to -52.90%. More long term stats show that EPS growth has been 14.30% over the last five years and could be *TBA for the next five years. Dril-Quip, Inc. has seen sales growth quarter over quarter at -33.90%, with EPS growth quarter over quarter at -5.00%. The 20-day simple moving average is -0.78%, with the 200-day simple moving average coming to -4.18%.

Since the IPO date for Dril-Quip, Inc. on the 10/23/1997, Dril-Quip, Inc. has seen performance year to date to be -5.79%. With Dril-Quip, Inc. trading at 54.9, the dividend yield is *TBA, and the EPS is 4.53.

So could Dril-Quip, Inc., be undervalued? Well as said before P/E is 12.32. The PEG is *TBA, P/S is 2.96 and the P/B is at 1.54. The P/cash is 4.29, with P/free cash flow at 10.11.

Dril-Quip, Inc. ability to deal with debt shows that the current ratio is 13.2, and the quick ratio is 9.3. This is with long term debt/equity at 0, and total debt/equity at 0.

In terms of margins, Dril-Quip, Inc. has a gross margin of 45.30%, an operating margin of 30.80% and a profit margin of 24.20%.Payout ratio for Dril-Quip, Inc. is 0.00%. Return on assets come to 11.90% with return on investment coming to 14.40%.

Insider ownership for Dril-Quip, Inc., is at 0.10% and institutional ownership comes to *TBA. Outstanding shares are at 37.82. While shares float is 37.38. The float short is currently 10.52%, and short ratio is 9.4.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Tony Dabbs

Leave a Comment