Subsea 7 (SUBCY) Stock Price, News & Analysis

Company Overview

Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. The company also offers engineering, procurement, commissioning, and installation of subsea umbilicals, risers, and flowlines; inspection, repair, maintenance, remote intervention, and integrity management of subsea infrastructure services; conventional services comprising fabrication, installation, extension, and refurbishment of fixed and floating platforms and associated pipelines in shallow water; and hook-up services. In addition, it operates heavy lifting operations and heavy transportation services for renewables structures; and installs offshore wind turbine foundations, as well as engages in the decommissioning of redundant offshore structures. Further, the company provides remotely operated vehicles (ROVs) and tooling services to support exploration and production activities, as well as engineering and advisory services for customers in the oil and gas, renewables, and utilities industries. The company was incorporated in 1993 and is based in Luxembourg, Luxembourg.

Key Stats

• Today's Range: $15.23 to $15.30
• 50-Day Range: $15.16 to $18.83
• 52-Week Range: $12.68 to $19.60
• Volume: 3,306 shs
• Average Volume: 20,976 shs
• Market Capitalization: $4.66 billion
• P/E Ratio: 76.50
• Dividend Yield: 3.66%
• Price Target: N/A
• Consensus Rating: Hold

Subsea 7 Stock Analysis - MarketRank™

Subsea 7 scored higher than 41% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Subsea 7.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 61.63%

Earnings Growth

Earnings for Subsea 7 are expected to grow by 61.63% in the coming year, from $0.86 to $1.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Subsea 7 is 76.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Subsea 7 is 76.50, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.08.

Price to Book Value per Share Ratio

Subsea 7 has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Subsea 7 have been sold short.

Short Interest Ratio / Days to Cover

Subsea 7 has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Subsea 7 has recently increased by 21.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Subsea 7 pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Subsea 7 does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Subsea 7 is 280.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Subsea 7 will have a dividend payout ratio of 40.29% next year. This indicates that Subsea 7 will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Subsea 7 have been sold short.

Short Interest Ratio / Days to Cover

Subsea 7 has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Subsea 7 has recently increased by 21.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.45

News Sentiment

Subsea 7 has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Subsea 7 this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Subsea 7 insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Subsea 7 is held by insiders.

Percentage Held by Institutions

Only 0.02% of the stock of Subsea 7 is held by institutions.

SUBCY Stock Analysis - Frequently Asked Questions

How have SUBCY shares performed this year?

Subsea 7's stock was trading at $14.5080 at the start of the year. Since then, SUBCY stock has increased by 5.5% and is now trading at $15.30.
View the best growth stocks for 2024 here.

How were Subsea 7's earnings last quarter?

Subsea 7 S.A. (OTCMKTS:SUBCY) issued its quarterly earnings results on Thursday, February, 29th. The energy company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.17 by $0.23. The energy company earned $1.63 billion during the quarter, compared to the consensus estimate of $1.66 billion. Subsea 7 had a net margin of 1.63% and a trailing twelve-month return on equity of 2.37%.

How do I buy shares of Subsea 7?

Shares of SUBCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 2/29/2024
• Today: 10/31/2024
• Ex-Dividend for 11/7 Dividend: 10/31/2024
• Dividend Payable: 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:SUBCY
• CUSIP: N/A
• CIK: N/A
• Web: www.subsea7.com
• Phone: 442087226025
• Fax: 44-0-20-8210-5501
• Employees: 8,349
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.20
• Trailing P/E Ratio: 76.50
• Forward P/E Ratio: 17.79
• P/E Growth: N/A
• Net Income: $15.40 million
• Net Margins: 1.63%
• Pretax Margin: 2.63%
• Return on Equity: 2.37%
• Return on Assets: 1.29%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 1.07
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $5.97 billion
• Price / Sales: 0.78
• Cash Flow: $1.64 per share
• Price / Cash Flow: 9.34
• Book Value: $14.39 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 304,294,000
• Free Float: 301,251,000
• Market Cap: $4.66 billion
• Optionable: Not Optionable
• Beta: 1.76