BidaskClub Downgrades Dril-Quip, Inc. (DRQ) to Strong Sell

Northwestern Mutual Investment Management Company LLC now owns 6,548 shares of the oil and gas company's stock valued at $383,000 after buying an additional 33 shares in the last quarter. TrimTabs Asset Management LLC increased its position in Dril-Quip by 89.1% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,216,122 shares of the oil and gas company's stock valued at $120,889,000 after buying an additional 167,173 shares during the last quarter. Finally, Amalgamated Bank increased its position in Dril-Quip by 3.0% in the first quarter. Advantus Capital Management Inc now owns 4,840 shares of the oil and gas company's stock worth $264,000 after buying an additional 170 shares during the period. LS Investment Advisors LLC now owns 3,014 shares of the oil and gas company's stock valued at $147,000 after buying an additional 450 shares during the last quarter. Finally, Neuburgh Advisers LLC boosted its position in Dril-Quip by 18.9% in the first quarter. Amalgamated Bank now owns 5,989 shares of the oil and gas company's stock worth $327,000 after buying an additional 176 shares during the period. Dril-Quip, Inc. has a 52-week low of $40.10 and a 52-week high of $69.40. About shares traded. Rexahn Pharmaceuticals, Inc. Company has a valuation of $1.53 B, a price to earnings ratio of 75.232 along with a stock beta of 0.63. The company's 50 day moving average price is $47.46 and its 200 day moving average price is $53.17.

Dril-Quip (NYSE:DRQ) last posted its earnings results on Friday, July 28th. The oil and gas company reported $0.09 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.03 by $0.06.

The stock of Dril-quip Incorporated (NYSE:DRQ) registered a decrease of 2.88% in short interest. The company's quarterly revenue was down 10.2% on a year-over-year basis. Next quarter's EPS is forecasted at $-0.05 and the next full year EPS is anticipated to be $0.32. Capital One Financial Corporation also issued estimates for Dril-Quip's Q4 2017 earnings at ($0.05) EPS, FY2017 earnings at $0.05 EPS, Q1 2018 earnings at ($0.08) EPS, Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at ($0.04) EPS, Q4 2018 earnings at $0.00 EPS and FY2018 earnings at ($0.22) EPS.

TRADEMARK VIOLATION NOTICE: "Dril-Quip, Inc. (DRQ)" was originally reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & global copyright law. The correct version of this article can be viewed at https://stocknewstimes.com/2017/08/12/ing-groep-nv-takes-position-in-dril-quip-inc-drq.html.

A number of equities analysts recently commented on the stock. BidaskClub lowered Dril-Quip from a "hold" rating to a "sell" rating in a research note on Thursday, July 27th. Scotiabank set a $61.00 price objective on shares of Dril-Quip and gave the company a hold rating in a research report on Monday, July 31st. Cowen and Company cut their price objective on shares of Dril-Quip from $55.00 to $43.00 and set a "market perform" rating for the company in a research report on Monday, July 31st. Barclays PLC lowered shares of Dril-Quip from an overweight rating to an equal weight rating and decreased their price target for the company from $77.00 to $57.00 in a research report on Monday, May 1st. (NYSE:DRQ) from a sell rating to a strong sell rating in a research note released on Thursday morning. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company's stock. Dril-Quip has an average rating of "Hold" and a consensus price target of $56.00. Moreover, Employees Retirement Association Of Colorado has 0% invested in Dril-Quip, Inc. The Business'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.

Notícias recomendadas

  • At least 15 dead, 32 injured in Quetta blast

    At least 15 dead, 32 injured in Quetta blast

    The high-intensity blast occurred in a parking lot near Pishin bus stop which is in a high-security area in Quetta , said reports. In June at least 12 people were killed and 14 others wounded in a suicide vehicle attack near the provincial police headquarters.
    Relais 4x100m : Usain Bolt se blesse en finale, le relais Français 5e

    Relais 4x100m : Usain Bolt se blesse en finale, le relais Français 5e

    Touché à la cuisse, l'athlète d'une génération est devenu humain, trop humain, la statue vivante est tombée de son socle. Le grand champion du sprint Usain Bolt est tombé dans la finale du relais 4x100m pour son ultime course.
    Gold hovers near two-month highs on N.Korea tensions

    Gold hovers near two-month highs on N.Korea tensions

    European stock markets fell further in opening trade on Friday on intensifying fears over North Korea , dealers said. North Korea said it was completing plans to fire four intermediate - range missiles over Japan to land near the U.S.
  • Zach Randolph arrested, charged with possession of marijuana with intent to sell

    Zach Randolph arrested, charged with possession of marijuana with intent to sell

    Officers also arrested Stanley Walton, 43, on suspicion of carrying a gun as an ex-convict, police said. Police recovered two guns, impounded two vehicles and seized narcotics, authorities said.
    Van Dijk is not enough to fix Liverpool's 'shambolic' defence, insists Carragher

    Van Dijk is not enough to fix Liverpool's 'shambolic' defence, insists Carragher

    Their side were trailing 2-1 at the break after Watford twice took the lead through Stefano Okaka and then Abdoulaye Doucoure. Redknapp suggested that Liverpool's defensive problems would be solved if they signed Virgil van Dijk from Southampton .
    Il conduisait sans permis depuis 12 ans

    Il conduisait sans permis depuis 12 ans

    Prié de présenter ses papiers, sans se démonter, le sexagénaire, prétextant avoir oublié son permis, a exhibé celui de son épouse.
  • Mariners place Paxton on disabled list

    Mariners place Paxton on disabled list

    He began the season with AA Arkansas where he went 1-2 with a 2.08 ERA in six games before being promoted to Tacoma May 8. This is Paxton's second stint on the disabled list after also missing time with a left forearm strain from May 5-30.
    Robert Mueller impanels grand jury focuses on obstruction and financial crimes — Trump

    Robert Mueller impanels grand jury focuses on obstruction and financial crimes — Trump

    A White House adviser said the president and his son-in-law, Jared Kushner, had not received subpoenas, nor had the White House. The euro traded at $1.1845, after having risen to as high as $1.19105 on Wednesday, its highest level since January 2015.
    Florida kids can skip lunch line for $100

    Florida kids can skip lunch line for $100

    Parents are outraged after a Florida middle school sent out a form offering children a pass to cut the lunch line for $100. We offer a variety of fundraising options for our students and families to choose from each year.
  • Noureddine Bedoui hausse le ton — Migrants africains

    Noureddine Bedoui hausse le ton — Migrants africains

    Il a en outre précisé que "ces groupes qui se trouvent au niveau des frontières avec le Niger et le Mali travaillent fort malheureusement avec des Algériens".
    Destiny 2 Has More Than 80 PvE Missions

    Destiny 2 Has More Than 80 PvE Missions

    If you are eager to know more about the upcoming sci-fi shooter Destiny 2, the latest issue of EDGE magazine has you covered. This may result in incompatibility between Destiny 2 PC and the features of common third-party applications.
    Mondiaux 2017 : Edris détrône Mo Farah sur le 5000 m

    Mondiaux 2017 : Edris détrône Mo Farah sur le 5000 m

    Farah, âgé de 34 ans, participait à son dernier championnat sur piste avant de se consacrer entièrement aux courses sur route. Première grosse surprise ce samedi aux Mondiaux de Londres! L'Américain Paul Chelimo complète le podium en 13 "33 "30".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.