McDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide. The company has market cap of $2.08 billion. It operates through three divisions: the Americas, Europe and Africa; the Middle East; and Asia. It has a 28.19 P/E ratio. The firm delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea gas and oil projects.
Analysts expect Ashtead Group plc (:ASHTY) to report $1.86 EPS on December, 5.ASHTY’s profit would be $221.40 million giving it 14.18 P/E if the $1.86 EPS is correct. After having $1.62 EPS previously, Ashtead Group plc’s analysts see 14.81% EPS growth. The stock increased 2.00% or $2.065 during the last trading session, reaching $105.475. About 339 shares traded. Ashtead Group plc (:ASHTY) has 0.00% since November 29, 2016 and is . It has underperformed by 16.70% the S&P500.
Akanthos Capital Management Llc holds 7.35% of its portfolio in McDermott International, Inc. for 565,744 shares. Investment Management Of Virginia Llc owns 1.89 million shares or 3.26% of their US portfolio. Moreover, Van Strum & Towne Inc. has 3.13% invested in the company for 670,042 shares. The Illinois-based Fairpointe Capital Llc has invested 2.23% in the stock. Investment Counselors Of Maryland Llc, a Maryland-based fund reported 3.69 million shares.
Ratings analysis reveals 50% of McDermott’s analysts are positive. Out of 2 Wall Street analysts rating McDermott, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. MDR was included in 2 notes of analysts from October 26, 2016. As per Tuesday, December 20, the company rating was upgraded by KeyBanc Capital Markets. Deutsche Bank maintained the shares of MDR in report on Wednesday, October 26 with “Hold” rating.
Analysts await McDermott International, Inc. (:MDR) to report earnings on February, 20. They expect $0.03 EPS, up 50.00% or $0.01 from last year’s $0.02 per share. MDR’s profit will be $8.52M for 61.08 P/E if the $0.03 EPS becomes a reality. After $0.33 actual EPS reported by McDermott International, Inc. for the previous quarter, Wall Street now forecasts -90.91% negative EPS growth.
The stock increased 0.55% or $0.04 during the last trading session, reaching $7.33. About 364,861 shares traded. McDermott International, Inc. (MDR) has risen 47.07% since November 29, 2016 and is uptrending. It has outperformed by 30.37% the S&P500.
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