$0.00 EPS Expected for NEC NPV (NIPNF), Dril-quip (DRQ) Sellers Decreased By 2.88% Their Shorts

July 11, 2017 - By Louis Casey

Dril-quip Incorporated (NYSE:DRQ) had a decrease of 2.88% in short interest. DRQ’s SI was 7.19 million shares in July as released by FINRA. Its down 2.88% from 7.40 million shares previously. With 621,800 avg volume, 12 days are for Dril-quip Incorporated (NYSE:DRQ)’s short sellers to cover DRQ’s short positions. The SI to Dril-quip Incorporated’s float is 19.16%. About 335,626 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 8.80% since July 11, 2016 and is downtrending. It has underperformed by 25.50% the S&P500.

Analysts expect NEC CORP NPV (OTCMKTS:NIPNF) to report $0.00 EPS on August, 4. It is down 0.00% since July 11, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 13 analysts covering Dril Quip (NYSE:DRQ), 1 have Buy rating, 0 Sell and 12 Hold. Therefore 8% are positive. Dril Quip had 30 analyst reports since July 31, 2015 according to SRatingsIntel. Barclays Capital upgraded it to “Equal-Weight” rating and $66 target in Wednesday, April 20 report. The firm has “Accumulate” rating by KLR Group given on Monday, December 14. The firm earned “Market Perform” rating on Friday, February 26 by Cowen & Co. Howard Weil downgraded the shares of DRQ in report on Monday, December 14 to “Sector Perform” rating. On Wednesday, April 27 the stock rating was maintained by Cowen & Co with “Market Perform”. Barclays Capital upgraded it to “Overweight” rating and $77 target in Monday, January 9 report. On Wednesday, March 1 the stock rating was downgraded by Guggenheim to “Neutral”. On Friday, July 31 the stock rating was downgraded by Bank of America to “Neutral”. The rating was downgraded by Johnson Rice on Monday, February 22 to “Hold”. FBR Capital maintained Dril-Quip, Inc. (NYSE:DRQ) on Monday, November 2 with “Mkt Perform” rating.

Dril-Quip, Inc. designs, makes, sells and services engineered drilling and production equipment. The company has market cap of $1.94 billion. The Company’s activities are organized into three geographic divisions: 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. It has a 33.1 P/E ratio. The Company’s equipment is suited for use in deepwater, harsh environments and service applications.

Investors sentiment increased to 1.25 in 2016 Q4. Its up 0.01, from 1.24 in 2016Q3. It is positive, as 30 investors sold Dril-Quip, Inc. shares while 76 reduced holdings. 32 funds opened positions while 101 raised stakes. 43.83 million shares or 3.16% more from 42.49 million shares in 2016Q3 were reported. Raymond James And invested in 0.02% or 141,074 shares. Smithfield Trust has invested 0.04% in Dril-Quip, Inc. (NYSE:DRQ). Aperio Group Incorporated Limited Liability invested in 0.01% or 28,805 shares. Envestnet Asset Mgmt holds 17,810 shares or 0% of its portfolio. Mutual Of America Limited Liability Corporation reported 28,252 shares stake. Comerica Financial Bank reported 31,067 shares. Apriem Advsr holds 0% in Dril-Quip, Inc. (NYSE:DRQ) or 39 shares. Thrivent Financial For Lutherans has 0% invested in Dril-Quip, Inc. (NYSE:DRQ) for 6,390 shares. Paloma Ptnrs Mngmt invested in 0.02% or 32,943 shares. Huntington Retail Bank reported 0% in Dril-Quip, Inc. (NYSE:DRQ). Blackrock Advsr Lc reported 254,422 shares stake. 264,179 are held by Brandywine Glob Investment Management Lc. Great West Life Assurance Company Can stated it has 0% in Dril-Quip, Inc. (NYSE:DRQ). Sg Americas Securities holds 6,394 shares. Nj State Employees Deferred Compensation Plan holds 10,000 shares or 0.12% of its portfolio.