EPS for Horizon Global (HZN) Expected At $0.67, Profile of 1 Analysts Covering Dril-Quip, Inc. (DRQ)

July 18, 2017 - By Marie Mckinney

Analysts expect Horizon Global Corp (NYSE:HZN) to report $0.67 EPS on August, 14.They anticipate $0.03 EPS change or 4.69% from last quarter’s $0.64 EPS. HZN’s profit would be $17.15 million giving it 5.44 P/E if the $0.67 EPS is correct. After having $-0.17 EPS previously, Horizon Global Corp’s analysts see -494.12% EPS growth. It closed at $14.57 lastly. It is down 31.83% since July 18, 2016 and is uptrending. It has outperformed by 15.13% 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 31 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Howard Weil on Friday, July 31 with “Sector Outperform”. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, April 19. The firm has “Hold” rating by Johnson Rice given on Monday, February 22. The firm has “Accumulate” rating by KLR Group given on Monday, December 14. The rating was downgraded by Howard Weil to “Sector Perform” on Monday, December 14. The firm has “Overweight” rating by Barclays Capital given on Monday, January 9. As per Tuesday, August 4, the company rating was upgraded by Johnson Rice. As per Wednesday, June 22, the company rating was initiated by JP Morgan. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Market Perform” rating given on Friday, July 31 by Cowen & Co. Cowen & Co maintained Dril-Quip, Inc. (NYSE:DRQ) on Friday, July 7 with “Hold” rating. See Dril-Quip, Inc. (NYSE:DRQ) latest ratings:

07/07/2017 Broker: Cowen & Co Rating: Hold New Target: $55.0000 Maintain
28/06/2017 Broker: Scotia Capital Rating: Hold New Target: $61.0000
01/05/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal Weight Old Target: $77.00 New Target: $57.00 Downgrade
01/03/2017 Broker: Guggenheim Old Rating: Buy New Rating: Neutral Downgrade

Investors sentiment increased to 1.25 in Q4 2016. Its up 0.01, from 1.24 in 2016Q3. It increased, 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. Hsbc Hldg Plc has 5,973 shares. Spot Trading Limited Com reported 3,886 shares. Janney Montgomery Scott Ltd has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Sg Americas Securities Ltd has 6,394 shares for 0% of their portfolio. Energ Opportunities Cap Management Ltd reported 155,484 shares stake. Guggenheim Capital Limited Liability has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Barclays Public Ltd Limited Liability Company holds 2,671 shares. Northwestern Mutual Wealth Management has 0% invested in Dril-Quip, Inc. (NYSE:DRQ) for 183 shares. Wellington Mgmt Gru Llp stated it has 58,551 shares or 0% of all its holdings. First Mercantile Trust holds 0.06% or 5,941 shares. Rhumbline Advisers holds 0.01% in Dril-Quip, Inc. (NYSE:DRQ) or 67,744 shares. Calamos Advsr Lc holds 0% in Dril-Quip, Inc. (NYSE:DRQ) or 4,410 shares. Manufacturers Life Insurance The has 0% invested in Dril-Quip, Inc. (NYSE:DRQ) for 23,959 shares. Ls Advsrs Limited Liability owns 2,564 shares. Ftb Advisors stated it has 189 shares or 0% of all its holdings.

It closed at $50.8 lastly. It is down 8.80% since July 18, 2016 and is downtrending. It has underperformed by 25.50% the S&P500.

Dril-Quip, Inc. designs, makes, sells and services engineered drilling and production equipment. The company has market cap of $1.93 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 33.83 P/E ratio. The Company’s equipment is suited for use in deepwater, harsh environments and service applications.

Among 9 analysts covering Horizon Global Corporation (NYSE:HZN), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Horizon Global Corporation had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wells Fargo given on Tuesday, February 21. The rating was maintained by BMO Capital Markets on Thursday, July 13 with “Buy”. TH Capital initiated Horizon Global Corp (NYSE:HZN) rating on Thursday, October 15. TH Capital has “Buy” rating and $12 target. The stock has “Market Outperform” rating by CJS Securities on Tuesday, September 20. The stock has “Speculative Buy” rating by Seaport Global on Wednesday, March 2. On Wednesday, March 2 the stock rating was upgraded by Barrington Research to “Outperform”. The stock of Horizon Global Corp (NYSE:HZN) has “Buy” rating given on Thursday, October 15 by Roth Capital. Roth Capital maintained Horizon Global Corp (NYSE:HZN) rating on Thursday, November 12. Roth Capital has “Buy” rating and $13 target.

Horizon Global Corporation is a designer, maker and distributor of a range of custom-engineered towing, trailering, cargo management and other products serving the automotive aftermarket, retail and original equipment channels. The company has market cap of $372.93 million. The Firm operates through three divisions: Horizon Americas, Horizon Asia-Pacific, and Horizon Europe-Africa. It currently has negative earnings. The Company’s towing product category includes devices and accessories installed on a tow-vehicle for the purpose of attaching a trailer and camper, among others, such as hitches and other towing accessories.