Analysts See $0.01 EPS for Dril-Quip, Inc. (DRQ); Mylan (MYL) Sentiment Is 1.33

October 12, 2017 - By Louis Casey

About 79,789 shares traded. Mylan N.V. (MYL) has declined 7.73% since October 12, 2016 and is downtrending. It has underperformed by 24.43% the S&P500.

Analysts expect Dril-Quip, Inc. (NYSE:DRQ) to report $0.01 EPS on October, 26.They anticipate $0.38 EPS change or 97.44% from last quarter’s $0.39 EPS. DRQ’s profit would be $381,733 giving it 1067.50 P/E if the $0.01 EPS is correct. After having $0.09 EPS previously, Dril-Quip, Inc.’s analysts see -88.89% EPS growth. About 14,653 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 8.80% since October 12, 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 $1.63 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 78.52 P/E ratio. The Company’s equipment is suited for use in deepwater, harsh environments and service applications.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.25, from 1.1 in 2017Q1. It worsened, as 32 investors sold Dril-Quip, Inc. shares while 85 reduced holdings. 33 funds opened positions while 67 raised stakes. 44.13 million shares or 0.85% less from 44.51 million shares in 2017Q1 were reported. Vanguard Incorporated has 0.01% invested in Dril-Quip, Inc. (NYSE:DRQ) for 3.23M shares. 30,200 were reported by Legal & General Grp Public Limited Liability. Tdam Usa Incorporated holds 14,794 shares. Ranger Inv Mngmt Limited Partnership reported 0% in Dril-Quip, Inc. (NYSE:DRQ). The New York-based Qs Ltd Llc has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). First Mercantile Tru Communications stated it has 1,283 shares. Winfield Associate Inc has 46 shares. Louisiana State Employees Retirement has invested 0.02% in Dril-Quip, Inc. (NYSE:DRQ). Reilly Advsr Ltd Liability Corporation invested in 0% or 335 shares. Parametric Associate Ltd Liability Co holds 0.01% or 94,286 shares. Engineers Gate Manager Limited Partnership holds 74,827 shares or 0.33% of its portfolio. Schwab Charles Mngmt reported 0.01% stake. Swiss Retail Bank has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). Moreover, Ajo L P has 0.11% invested in Dril-Quip, Inc. (NYSE:DRQ). Nordea Management Ab owns 36,192 shares.

Among 13 analysts covering Dril Quip (NYSE:DRQ), 2 have Buy rating, 0 Sell and 11 Hold. Therefore 15% are positive. Dril Quip had 34 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, April 20 by Barclays Capital. The firm has “Neutral” rating given on Wednesday, March 1 by Guggenheim. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Buy” rating given on Tuesday, August 4 by Johnson Rice. Barclays Capital downgraded the shares of DRQ in report on Monday, May 1 to “Equal Weight” rating. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Equal-Weight” rating given on Tuesday, April 19 by Morgan Stanley. The stock of Dril-Quip, Inc. (NYSE:DRQ) earned “Market Perform” rating by Cowen & Co on Monday, November 2. The rating was maintained by Cowen & Co on Friday, October 6 with “Hold”. The firm earned “Neutral” rating on Wednesday, February 24 by Suntrust Robinson. The firm earned “Market Perform” rating on Friday, July 31 by Cowen & Co. Howard Weil maintained Dril-Quip, Inc. (NYSE:DRQ) on Friday, July 31 with “Sector Outperform” rating.

Analysts await Mylan N.V. (NASDAQ:MYL) to report earnings on November, 8. They expect $1.20 earnings per share, down 13.04% or $0.18 from last year’s $1.38 per share. MYL’s profit will be $650.20M for 7.89 P/E if the $1.20 EPS becomes a reality. After $1.10 actual earnings per share reported by Mylan N.V. for the previous quarter, Wall Street now forecasts 9.09% EPS growth.

Ratings analysis reveals 60% of Mylan Labs’s analysts are positive. Out of 5 Wall Street analysts rating Mylan Labs, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $48.0 while the high is $60.0. The stock’s average target of $52.33 is 38.11% above today’s ($37.89) share price. MYL was included in 5 notes of analysts from September 6, 2016. UBS maintained the stock with “Buy” rating in Monday, October 10 report. Mizuho initiated the shares of MYL in report on Wednesday, October 26 with “Buy” rating. RBC Capital Markets maintained Mylan N.V. (NASDAQ:MYL) rating on Tuesday, September 6. RBC Capital Markets has “Sector Perform” rating and $48.0 target. The rating was downgraded by Citigroup on Thursday, January 5 to “Neutral”. The firm earned “Strong Buy” rating on Monday, October 10 by Raymond James.

Gulf International Bank (Uk) Ltd holds 0.08% of its portfolio in Mylan N.V. for 139,930 shares. Eqis Capital Management Inc. owns 5,251 shares or 0.01% of their US portfolio. Moreover, Nelson Roberts Investment Advisors Llc has 0.01% invested in the company for 300 shares. The Pennsylvania-based Vantage Investment Advisors Llc has invested 0.01% in the stock. Princeton Portfolio Strategies Group Llc, a New Jersey-based fund reported 10,000 shares.