Drilling Tools International Co. (NASDAQ:DTI – Free Report) – Research analysts at Sidoti Csr boosted their Q2 2025 earnings per share estimates for shares of Drilling Tools International in a research note issued on Thursday, May 15th. Sidoti Csr analyst S. Ferazani now forecasts that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.04. The consensus estimate for Drilling Tools International’s current full-year earnings is $0.38 per share. Sidoti Csr also issued estimates for Drilling Tools International’s Q3 2025 earnings at $0.20 EPS, Q4 2025 earnings at ($0.01) EPS and FY2026 earnings at $0.15 EPS.
Drilling Tools International (NASDAQ:DTI – Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Drilling Tools International had a net margin of 5.46% and a return on equity of 15.38%. The business had revenue of $42.88 million during the quarter, compared to analyst estimates of $38.53 million.
Drilling Tools International Stock Performance
Hedge Funds Weigh In On Drilling Tools International
A number of institutional investors have recently made changes to their positions in DTI. XTX Topco Ltd acquired a new position in shares of Drilling Tools International in the 1st quarter valued at approximately $32,000. Soltis Investment Advisors LLC acquired a new position in shares of Drilling Tools International in the 4th quarter valued at approximately $36,000. Nuveen LLC acquired a new position in shares of Drilling Tools International in the 1st quarter valued at approximately $40,000. Rhumbline Advisers raised its position in shares of Drilling Tools International by 42.8% in the 4th quarter. Rhumbline Advisers now owns 12,689 shares of the company’s stock valued at $41,000 after purchasing an additional 3,806 shares in the last quarter. Finally, Dimensional Fund Advisors LP acquired a new position in shares of Drilling Tools International in the 4th quarter valued at approximately $43,000. 2.79% of the stock is owned by institutional investors and hedge funds.
Drilling Tools International declared that its Board of Directors has initiated a share buyback plan on Tuesday, May 13th that allows the company to repurchase $10.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 10.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.
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.
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