Drilling Tools International (NASDAQ:DTI) Raised to Strong-Buy at Zacks Research

Posted by on Aug 12th, 2026

Drilling Tools International (NASDAQ:DTI – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

DTI has been the subject of a number of other reports. Weiss Ratings lowered shares of Drilling Tools International from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. Jefferies Financial Group reaffirmed a “hold” rating and set a $2.80 target price on shares of Drilling Tools International in a report on Sunday. Finally, Wall Street Zen cut shares of Drilling Tools International from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $2.80.

Check Out Our Latest Research Report on Drilling Tools International

Drilling Tools International Stock Up 7.5%

Shares of NASDAQ DTI opened at $2.45 on Monday. Drilling Tools International has a 52 week low of $1.65 and a 52 week high of $4.69. The business has a 50-day simple moving average of $2.30 and a two-hundred day simple moving average of $3.09. The company has a quick ratio of 1.57, a current ratio of 2.15 and a debt-to-equity ratio of 0.38. The company has a market cap of $86.44 million, a P/E ratio of -27.22, a P/E/G ratio of 2.53 and a beta of -0.63.

Drilling Tools International (NASDAQ:DTI – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Drilling Tools International had a negative net margin of 1.97% and a positive return on equity of 0.58%. The company had revenue of $38.07 million for the quarter, compared to analysts’ expectations of $38.72 million. Research analysts anticipate that Drilling Tools International will post 0.1 earnings per share for the current fiscal year.

Institutional Trading of Drilling Tools International

A number of large investors have recently modified their holdings of the business. XTX Topco Ltd grew its holdings in shares of 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 purchasing an additional 5,504 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Drilling Tools International in the second quarter worth approximately $49,000. Citadel Advisors LLC purchased a new stake in Drilling Tools International in the third 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 bought a new stake in Drilling Tools International during the fourth quarter valued at approximately $69,000. Institutional investors own 2.79% of the company’s stock.

Drilling Tools International Company Profile

(Get Free Report)

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.

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