- SUPERIOR DRILLING PRODUCTS has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. For the next year, the market is expecting a contraction of 175.0% in earnings (-$0.11 versus -$0.04).
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Energy Equipment & Services industry. The net income has significantly decreased by 229.3% when compared to the same quarter one year ago, falling from -$0.68 million to -$2.24 million.
- Net operating cash flow has significantly decreased to -$0.12 million or 109.63% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
- Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 71.32%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 225.00% compared to the year-earlier quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
- 44.98% is the gross profit margin for SUPERIOR DRILLING PRODUCTS which we consider to be strong. Despite the high profit margin, it has decreased significantly from the same period last year. Despite the mixed results of the gross profit margin, SDPI's net profit margin of -77.61% significantly underperformed when compared to the industry average.
All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 15.93 points (-0.1%) at 17,529 as of Tuesday, Aug. 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 984 issues advancing vs. 2,001 declining with 166 unchanged. The Energy industry as a whole closed the day down 0.6% versus the S&P 500, which was down 0.2%. Top gainers within the Energy industry included Andatee China Marine Fuel Services ( AMCF), up 3.8%, Pedevco ( PED), up 5.8%, Superior Drilling Products ( SDPI), up 4.8%, U S Energy ( USEG), up 3.1% and CHC Group ( HELI), up 31.5%. TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today: Superior Drilling Products ( SDPI) is one of the companies that pushed the Energy industry higher today. Superior Drilling Products was up $0.08 (4.8%) to $1.75 on average volume. Throughout the day, 17,300 shares of Superior Drilling Products exchanged hands as compared to its average daily volume of 21,100 shares. The stock ranged in a price between $1.63-$1.78 after having opened the day at $1.63 as compared to the previous trading day's close of $1.67. Superior Drilling Products, Inc., a drilling and completion tool technology company, engages in the manufacture, repair, sale, and rental of drilling tools in the United States and internationally. Superior Drilling Products has a market cap of $31.0 million and is part of the basic materials sector. Shares are down 59.9% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Superior Drilling Products a buy, no analysts rate it a sell, and 2 rate it a hold. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreet Ratings rates Superior Drilling Products as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, weak operating cash flow and generally disappointing historical performance in the stock itself. Highlights from TheStreet Ratings analysis on SDPI go as follows: