Dril-Quip (NYSE:DRQ) Receives Coverage Optimism Rating of 0.09

News coverage about Dril-Quip (NYSE:DRQ) has trended somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dril-Quip earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 46.4090560575231 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Dril-Quip (NYSE:DRQ) opened at $45.55 on Tuesday. Dril-Quip has a 52 week low of $35.85 and a 52 week high of $67.95. The company has a market cap of $1,701.83, a PE ratio of -60.73 and a beta of 0.72.

DRQ has been the subject of a number of analyst reports. TheStreet cut shares of Dril-Quip from a “c” rating to a “d+” rating in a research report on Friday, October 27th. ValuEngine cut shares of Dril-Quip from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Zacks Investment Research lowered shares of Dril-Quip from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Cowen set a $45.00 price objective on shares of Dril-Quip and gave the stock a “hold” rating in a research note on Thursday, January 11th. Finally, FBR & Co restated a “buy” rating on shares of Dril-Quip in a research report on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $49.43.

In other Dril-Quip news, insider Blake T. Deberry sold 10,000 shares of Dril-Quip stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $44.66, for a total transaction of $446,600.00. Following the completion of the sale, the insider now directly owns 126,208 shares in the company, valued at $5,636,449.28. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.87% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Dril-Quip (NYSE:DRQ) Receives Coverage Optimism Rating of 0.09” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was stolen and republished in violation of international copyright & trademark legislation. The original version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/13/somewhat-positive-press-coverage-somewhat-unlikely-to-affect-dril-quip-drq-stock-price.html.

About Dril-Quip

Dril-Quip, Inc (Dril-Quip) designs, manufactures, sells and services engineered drilling and production equipment. The Company’s operations are organized into three geographic segments: Western Hemisphere, including North and South America, headquartered in Houston, Texas; Eastern Hemisphere, including Europe and Africa, headquartered in Aberdeen, Scotland, and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East, headquartered in Singapore.

Insider Buying and Selling by Quarter for Dril-Quip (NYSE:DRQ)

Receive News & Ratings for Dril-Quip Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dril-Quip and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply