Media stories about Dril-Quip (NYSE:DRQ) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dril-Quip earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 47.099440014558 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Dril-Quip (NYSE:DRQ) opened at $53.95 on Friday. The stock has a market cap of $2,040.00, a price-to-earnings ratio of -72.91 and a beta of 0.74. Dril-Quip has a twelve month low of $35.85 and a twelve month high of $67.95.

Dril-Quip (NYSE:DRQ) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.06. The business had revenue of $100.35 million for the quarter, compared to the consensus estimate of $106.74 million. Dril-Quip had a negative net margin of 6.14% and a positive return on equity of 1.19%. The company’s revenue was down 18.8% compared to the same quarter last year. During the same period last year, the firm posted $0.63 earnings per share. analysts predict that Dril-Quip will post 0.21 EPS for the current fiscal year.

Several analysts recently commented on the stock. TheStreet lowered shares of Dril-Quip from a “c” rating to a “d+” rating in a research report on Friday, October 27th. FBR & Co restated a “buy” rating on shares of Dril-Quip in a research report on Friday, October 27th. Wolfe Research upgraded shares of Dril-Quip from an “underperform” rating to a “market perform” rating in a research report on Tuesday, October 31st. Piper Jaffray Companies restated a “hold” rating and set a $38.00 price target on shares of Dril-Quip in a research report on Friday, November 10th. Finally, ValuEngine lowered shares of Dril-Quip from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $49.43.

In other Dril-Quip news, COO James A. Gariepy sold 13,409 shares of the stock in a transaction on Monday, October 30th. The shares were sold at an average price of $41.49, for a total transaction of $556,339.41. Following the transaction, the chief operating officer now directly owns 104,753 shares of the company’s stock, valued at $4,346,201.97. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP James C. Webster sold 4,890 shares of the stock in a transaction on Monday, October 30th. The shares were sold at an average price of $41.49, for a total transaction of $202,886.10. Following the transaction, the vice president now directly owns 34,947 shares in the company, valued at $1,449,951.03. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,662 shares of company stock worth $1,927,019. Insiders own 0.87% of the company’s stock.

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Dril-Quip Company Profile

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)

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