Zacks Rating on Dril-Quip (DRQ)

Dril-Quip (DRQ) has an average broker rating of 2.89, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 1 considers that the stock is a Sell.

Dril-Quip (DRQ) : 10 Wall Street analysts covering Dril-Quip (DRQ) believe that the average level the stock could reach for the short term is $61.5. The maximum price target given is $75 and the minimum target for short term is around $45, hence the standard deviation is calculated at $10.33.


Shares of Dril-Quip, Inc. rose by 1.61% in the last five trading days and 3.65% for the last 4 weeks. Dril-Quip, Inc. has dropped 2.7% during the last 3-month period . Year-to-Date the stock performance stands at -2.14%. Dril-Quip (NYSE:DRQ): stock turned positive on Tuesday. Though the stock opened at $57.56, the bulls momentum made the stock top out at $58.41 level for the day. The stock recorded a low of $57.48 and closed the trading day at $57.96, in the green by 0.91%. The total traded volume for the day was 227,911. The stock had closed at $57.44 in the previous days trading.

Dril-Quip, Inc. designs, manufactures, sells and services engineered offshore drilling and production equipment. The Companys equipment is suited for use in deepwater, harsh environments and service applications. The Companys operates in Western Hemisphere, including North and South America; Eastern Hemisphere, including Europe and Africa and Asia-Pacific, including the Pacific Rim, Southeast Asia, Australia, India and the Middle East. It products include subsea equipment, surface equipment and offshore rig equipment. Its 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, TLPs, Spars and moored vessels, such as FPSOs. Its services include technical advisory assistance services, reconditioning of its customer-owned products, and rental of running tools for installation and retrieval of its products.

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