NYSE:DRQ - Dril-Quip Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $27.67
  • Forecasted Upside: -27.82 %
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$38.33
▲ +2.07 (5.71%)

This chart shows the closing price for DRQ by one month, three months, or twelve months.

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Analyst Price Target for DRQ

Analyst Price Target is $27.67
▼ -27.82% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Dril-Quip in the last 3 months. The average price target is $27.67, with a high forecast of $28.00 and a low forecast of $27.00. The average price target represents a -27.82% upside from the last price of $38.33.

This chart shows the closing price for DRQ for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 4 contributing investment analysts is to hold stock in Dril-Quip. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 2 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 2 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 1 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/1/2021BTIG ResearchInitiated CoverageNeutralLow
3/11/2021BarclaysReiterated RatingEqual Weight ➝ Underweight$27.00Medium
3/5/2021BarclaysDowngradeEqual Weight ➝ Underweight$27.00High
11/4/2020CowenLower Price TargetMarket Perform$29.00 ➝ $28.00Low
7/16/2020ScotiabankDowngradeSector Outperform ➝ Sector Perform$28.00High
5/27/2020B. RileyLower Price TargetNeutral$45.00 ➝ $33.00High
5/12/2020G.ResearchDowngradeBuy ➝ HoldHigh
5/12/2020GabelliDowngradeBuy ➝ Hold$27.00Medium
5/8/2020CowenLower Price TargetMarket Perform$32.00 ➝ $29.00High
3/20/2020BarclaysReiterated RatingHold$30.00Low
3/16/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$42.00 ➝ $35.00High
3/10/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$48.00 ➝ $39.00High
1/14/2020Morgan StanleyBoost Price TargetUnderweight$42.00 ➝ $45.00Medium
1/10/2020Capital One FinancialReiterated RatingHold$47.00Low
11/27/2019Wolfe ResearchInitiated CoverageUnderperform$43.00N/A
11/21/2019Wolfe ResearchInitiated CoverageUnderperform$43.00 ➝ $43.00Low
11/11/2019Evercore ISIReiterated RatingBuy$53.00Low
10/8/2019Morgan StanleyLower Price TargetUnderweight$45.00 ➝ $42.00High
9/19/2019B. RileyBoost Price TargetNeutral$48.00 ➝ $51.00High
4/30/2019CowenReiterated RatingMarket Perform ➝ Market Perform$39.00 ➝ $44.00High
4/29/2019GabelliUpgradeHold ➝ BuyLow
2/20/2019BarclaysUpgradeUnderweight ➝ Equal Weight$38.84Low
1/17/2019JPMorgan Chase & Co.Initiated CoverageNeutralMedium
10/29/2018BarclaysLower Price TargetUnderweight ➝ Sell$41.00 ➝ $39.00Low
9/18/2018Morgan StanleyInitiated CoverageUnderweight ➝ Underweight$50.00Low
7/31/2018BarclaysDowngradeEqual Weight ➝ Underweight$41.00High
7/27/2018Piper Jaffray CompaniesSet Price TargetHold$40.00Medium
7/20/2018B. RileyDowngradeBuy ➝ Neutral$50.00 ➝ $58.00Low
5/1/2018B. RileySet Price TargetBuy ➝ Buy$55.00 ➝ $50.00Low
4/30/2018BarclaysLower Price TargetEqual Weight ➝ Hold$49.00 ➝ $41.00Low
4/13/2018CowenSet Price TargetHold$40.00Medium
3/26/2018B. RileyReiterated RatingBuy$55.00Medium
3/8/2018Piper Jaffray CompaniesSet Price TargetHold$40.00Low
2/28/2018BarclaysSet Price TargetEqual Weight ➝ Equal Weight$47.00 ➝ $49.00High
2/23/2018B. RileySet Price TargetBuy$55.00Medium
2/22/2018Capital One FinancialReiterated RatingEqual WeightMedium
1/11/2018CowenSet Price TargetHold$45.00Low
11/10/2017Piper Jaffray CompaniesReiterated RatingHold$38.00N/A
11/1/2017B. RileyReiterated RatingBuyN/A
10/31/2017Wolfe ResearchUpgradeUnderperform ➝ Market PerformN/A
10/30/2017CowenReiterated RatingMarket Perform ➝ Market Perform$43.00 ➝ $39.00N/A
10/27/2017ScotiabankSet Price TargetHold$61.00N/A
10/27/2017(FBRC)Reiterated RatingBuyN/A
10/20/2017GabelliInitiated CoverageHold$43.00N/A
10/10/2017(FBRC)UpgradeNeutral ➝ Buy$49.00 ➝ $55.00N/A
10/6/2017CowenSet Price TargetHold$43.00N/A
7/31/2017ScotiabankSet Price TargetHold$61.00Low
7/31/2017CowenLower Price TargetMarket Perform$55.00 ➝ $43.00High
7/29/2017Piper Jaffray CompaniesSet Price TargetHold$43.00High
5/1/2017BarclaysDowngradeOverweight ➝ Equal Weight$77.00 ➝ $57.00High
3/2/2017ScotiabankSet Price TargetHold$65.00N/A
3/1/2017GuggenheimDowngradeBuy ➝ NeutralN/A
1/9/2017BarclaysUpgradeEqual Weight ➝ Overweight$54.00 ➝ $77.00N/A
11/17/2016Evercore ISIInitiated CoverageBuy$59.00N/A
10/27/2016ScotiabankReiterated RatingSector Perform$67.00 ➝ $59.00N/A
10/27/2016Howard WeilLower Price TargetSector Perform$67.00 ➝ $59.00N/A
10/18/2016CowenReiterated RatingMarket Perform$60.00N/A
8/1/2016Morgan StanleyReiterated RatingHold$73.00N/A
7/31/2016ScotiabankReiterated RatingSector Perform$72.00 ➝ $67.00N/A
7/29/2016Howard WeilLower Price TargetSector Perform$72.00 ➝ $67.00N/A
6/22/2016JPMorgan Chase & Co.Initiated CoverageNeutral$53.00N/A
(Data available from 6/21/2016 forward)
Dril-Quip logo
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. The company was founded in 1981 and is headquartered in Houston, Texas.
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Today's Range

Now: $38.33
Low: $36.63
High: $38.61

50 Day Range

MA: $33.43
Low: $28.06
High: $39.72

52 Week Range

Now: $38.33
Low: $22.25
High: $40.62

Volume

7,713 shs

Average Volume

214,833 shs

Market Capitalization

$1.36 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.51

Frequently Asked Questions

What sell-side analysts currently cover shares of Dril-Quip?

The following sell-side analysts have issued reports on Dril-Quip in the last twelve months: Barclays PLC, BTIG Research, Cowen Inc, Scotiabank, and Zacks Investment Research.
View the latest analyst ratings for DRQ.

What is the current price target for Dril-Quip?

3 Wall Street analysts have set twelve-month price targets for Dril-Quip in the last year. Their average twelve-month price target is $27.67, suggesting a possible downside of 23.7%. Scotiabank has the highest price target set, predicting DRQ will reach $28.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $27.00 for Dril-Quip in the next year.
View the latest price targets for DRQ.

What is the current consensus analyst rating for Dril-Quip?

Dril-Quip currently has 1 sell rating and 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DRQ, but not buy more shares or sell existing shares.
View the latest ratings for DRQ.

What other companies compete with Dril-Quip?

How do I contact Dril-Quip's investor relations team?

Dril-Quip's physical mailing address is 6401 N. ELDRIDGE PARKWAY, HOUSTON TX, 77041. The oil and gas company's listed phone number is 713-939-7711. The official website for Dril-Quip is www.dril-quip.com.