DRQ

[nullzero]

DRQ Dril-Quip, Inc. engages in the design, manufacture, sale, and service of engineered offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications. The company�s principal products include subsea equipment, such as subsea wellheads, mudline hanger systems, specialty connectors and associated pipe, subsea production trees, valves and TLP, Spar well systems, liner hangers, multiplex subsea control systems, and multiwell subsea manifolds. In addition, it offers surface equipment that comprise platform wellheads and platform production trees; and offshore rig equipment, including drilling and production riser systems, wellhead connectors, and diverters. Further, Dril-Quip provides installation and reconditioning services, as well as rents running tools for use in connection with the installation and retrieval of its products. The company offers its products to integrated oil and gas companies, independent oil and gas companies, and foreign national oil and gas companies that focus on offshore exploration and production, as well as offshore
drilling contractors, and engineering and construction companies. It operates in North America and South America; Europe and Africa; and the Pacific Rim, southeast Asia, Australia, India, and the Middle East. Dril-Quip was co-founded by Larry E. Reimert, Gary D. Smith, J. Mike Walker, and Gary W. Loveless in 1981. The company is headquartered in Houston, Texas.

Market Cap (intraday): 1.75B
Enterprise Value (2-Apr-07)3: 1.62B
Trailing P/E (ttm, intraday): 20.09
Forward P/E (fye 31-Dec-08) 1: 14.10
PEG Ratio (5 yr expected): 0.37
Price/Sales (ttm): 4.02
Price/Book (mrq): 3.80
Average Volume (3 month)3: 506,433
Average Volume (10 day)3: 415,967
Shares Outstanding: 40.38M
Float: 24.14M
Return on Assets (ttm): 15.18%
Return on Equity (ttm): 21.81%
Revenue (ttm): 442.74M
Revenue Per Share (ttm): 11.254
Qtrly Revenue Growth (yoy): 24.70%
Gross Profit (ttm): 186.05M
Diluted EPS (ttm): 2.15
Qtrly Earnings Growth (yoy): 112.40%

http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=DRQ

Fundamentals are solid and strong growth. Almost no history of dilution as well. Techincally DRQ looks great the 50dma just moved above the 200dma on the daily chart. DRQ close to making new 52wk highs has also been trading up with the oil moves.

[WallStreetnBio]

looks great but i dont like that double top

[nullzero]

looks great but i dont like that double top

Either a double top or setting up for a breakout above the resistance and toward new 52wk highs.

[David Randolph]

DRQ analysis:

Yes, DRQ is moderately attractive. I see 25.5% share price compound annual growth rate (CAGR) for the next 3 years, given the current fundamental trends.

[nullzero]

Thanks for the analysis David on DRQ.