Comparing Superior Drilling Products (SDPI) & Its Rivals

Superior Drilling Products (NYSE: SDPI) is one of 22 publicly-traded companies in the “Oil & gas field machinery” industry, but how does it weigh in compared to its competitors? We will compare Superior Drilling Products to similar businesses based on the strength of its earnings, profitability, valuation, institutional ownership, analyst recommendations, risk and dividends.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Superior Drilling Products and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Superior Drilling Products 0 0 0 0 N/A
Superior Drilling Products Competitors 281 1313 1260 36 2.36

As a group, “Oil & gas field machinery” companies have a potential upside of 23.98%. Given Superior Drilling Products’ competitors higher possible upside, analysts clearly believe Superior Drilling Products has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

5.9% of Superior Drilling Products shares are held by institutional investors. Comparatively, 66.0% of shares of all “Oil & gas field machinery” companies are held by institutional investors. 47.4% of Superior Drilling Products shares are held by company insiders. Comparatively, 12.2% of shares of all “Oil & gas field machinery” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Volatility & Risk

Superior Drilling Products has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500. Comparatively, Superior Drilling Products’ competitors have a beta of 0.46, suggesting that their average share price is 54% less volatile than the S&P 500.

Profitability

This table compares Superior Drilling Products and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Superior Drilling Products -7.96% -19.37% -7.91%
Superior Drilling Products Competitors -22.02% 128.30% 0.47%

Earnings and Valuation

This table compares Superior Drilling Products and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Superior Drilling Products $19.00 million -$940,000.00 -11.00
Superior Drilling Products Competitors $4.41 billion -$521.54 million 32.49

Superior Drilling Products’ competitors have higher revenue, but lower earnings than Superior Drilling Products. Superior Drilling Products is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Superior Drilling Products competitors beat Superior Drilling Products on 7 of the 10 factors compared.

About Superior Drilling Products

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, and the Middle East. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system; V-Stream, an advanced conditioning system; and dedicated reamer stingers. The company also manufactures and refurbishes polycrystalline diamond compact drill bits for an oil field services company. It serves oil and natural gas drilling industry. The company was formerly known as SD Company, Inc. and changed its name to Superior Drilling Products, Inc. in May 2014. Superior Drilling Products, Inc. was founded in 1993 and is headquartered in Vernal, Utah.