Analyst Commentary On Dril-Quip, Inc. (DRQ), Dynagas LNG Partners LP (DLNG)

Dril-Quip, Inc. (NYSE:DRQ) is gaining traction with investors, as evidenced by its 0.49 million shares volume. The daily trading volume average remained 0.57 million shares over the course of 3 months. The stock had opened the regular trading at $45.75 and managed a -4.34% price change to reach $44.05 through the close.

Dril-Quip, Inc. (DRQ) Analyst Opinion

Dril-Quip, Inc. has a consensus hold rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 16.48% of shares outstanding. The stock sank -6.18% last month and is down -26.64 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover DRQ having a buy-equivalent rating. Analysts have placed a $46.15 price target on Dril-Quip, Inc., suggesting a 4.77% gain from recent close. It’s currently trading about -36.53% below its 52-week high.

Dril-Quip, Inc. Earnings Surprise

Dril-Quip, Inc. (DRQ) surprised the stock market in its last reported earnings when it earned $0.05 a piece versus the consensus-estimated -$0.01. Its revenue totaled $106.8 million down -16.51% from the previous quarter.

Dril-Quip, Inc. (NYSE:DRQ) Intraday View

This stock (DRQ) is ahead of its 52-week low with 22.87%. Its last month’s stock price volatility remained 4.37% which for the week stands at 2.89%. The share price has moved backward from its 20 days moving average, trading at a distance of -4.23% and stays -0.06% away from its 50 days moving average. Over the last five days, shares have faced -6.28% losses and now is down -8.06% since hitting its 200-day moving average of $45.17. Dril-Quip, Inc. (DRQ) has made its way to a 12-month decline of -27.07%.

Turning to Dynagas LNG Partners LP (NYSE:DLNG), its shares were trading at $12.81 a retreat of $-0.59, on the trading floor. The stock, after opening at $13.39, touched a high of $13.525 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Dynagas LNG Partners LP has 2 buy ratings, 3 holds and 0 sells even after the stock tumbled -28.56% from its high of $17.93 to a $451.94 million market value through last close.

Dynagas LNG Partners LP (DLNG) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.14 to 2.14 during a month. Analysts set a 12-month price target of $17 a share. The target implies a 32.71% spike from where the shares are currently trading. Also, the current price highlights a discount of 48.32% to analysts’ high consensus price target.

Dynagas LNG Partners LP (NYSE:DLNG) Intraday Trading

The counter witnessed a trading volume of 0.27 million shares versus an average volume of 0.14 million shares during last trading session. Its last month’s stock price volatility remained 3.8% which for the week approaches 3.06%. The lowest price the stock reached in the last trading day was $12.81 and compares with the $12.21 52-week low. The stock recovered 4.91% since its low point and has performed -19.84% year-to-date.

Previous articleStreet Analysts View On Laredo Petroleum, Inc. (LPI), Calithera Biosciences, Inc. (CALA)
Next articleAnalyst Stance On Two Stocks: Basic Energy Services, Inc. (BAS), Teekay Offshore Partners L.P. (TOO)