Dril-Quip, Inc. (DRQ) Social Stream
Dril-Quip Inc (DRQ) Price Targets From Analysts
Use the tables below to see what analysts covering Dril-Quip Inc think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-03 | 5 | $32 | $21 | $24.666 | $37.37 | -34% |
| 2021-11-16 | 5 | $32 | $20 | $24.333 | $37.37 | -34.89% |
| 2022-03-18 | 4 | $35 | $21 | $27.5 | $37.37 | -26.41% |
The Trend in the Analyst Price Target
Over the past 22 months, DRQ's average price target has gone down $3.02.
DRQ reports an average of 0.79% for its upside potential over the past 49 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-06-13 | 10 | 39 | 21 | 29.950 | 37.75 | -20.66% |
| 2021-07-03 | 8 | 39 | 21 | 29.430 | 33.80 | -12.93% |
| 2021-08-14 | 7 | 35 | 21 | 28.430 | 26.16 | 8.68% |
| 2021-11-03 | 5 | 32 | 21 | 24.666 | 24.05 | 2.56% |
| 2021-11-16 | 5 | 32 | 20 | 24.333 | 20.79 | 17.04% |
DRQ Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 4 | 0 | 0 | 4 |
The Trend in the Broker Recommendations
Over the past 20 months, DRQ's average broker recommendation rating worsened by 0.15.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how Dril-Quip Inc fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 2.77% of that group.
- In the context of Energy stocks, Dril-Quip Inc's number of analysts covering the stock is higher than 60.84% of them.
- DRQ has a lower variance in analysts' estimates than -213.39% of Machinery stocks.
- DRQ has a higher average analyst price target than 97.39% of Machinery stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Machinery industry with the ratings most similar to Dril-Quip Inc are DNOW, KMT, and SPXC.
What is the outlook for DRQ? Use POWR Ratings for clearer insight into price direction.