Subsea 7 SA (OTCMKTS:SUBCY) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Subsea 7 SA (OTCMKTS:SUBCY) has received an average rating of "Moderate Buy" from five ratings firms, with three recommending a hold and two issuing buy ratings.
• The company's recent earnings report showed $0.45 earnings per share, surpassing analyst expectations of $0.34, while revenue was $1.76 billion against anticipated $1.84 billion.
• Subsea 7's market cap stands at $6.29 billion, with a current stock price of $20.82, resting between a 12-month low of $12.15 and a high of $20.88.

Subsea 7 SA (OTCMKTS:SUBCY - Get Free Report) has been given an average rating of "Moderate Buy" by the five brokerages that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Subsea 7 from a "hold" rating to a "buy" rating in a report on Tuesday, August 5th. Royal Bank Of Canada downgraded Subsea 7 from a "moderate buy" rating to a "hold" rating in a research report on Friday, August 1st. Finally, UBS Group reaffirmed a "buy" rating on shares of Subsea 7 in a research report on Thursday, August 14th.

Subsea 7 Stock Down 2.5%

Shares of OTCMKTS SUBCY traded down $0.52 during trading hours on Friday, hitting $20.25. The company had a trading volume of 7,947 shares, compared to its average volume of 8,032. Subsea 7 has a 1-year low of $12.15 and a 1-year high of $20.88. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.12. The firm's 50 day moving average is $19.56 and its 200-day moving average is $17.13. The stock has a market capitalization of $6.12 billion, a P/E ratio of 22.75 and a beta of 1.44.

Subsea 7 (OTCMKTS:SUBCY - Get Free Report) last issued its earnings results on Thursday, July 31st. The energy company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.11. The business had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.84 billion. Subsea 7 had a net margin of 3.80% and a return on equity of 6.12%. Subsea 7 has set its FY 2025 guidance at EPS. On average, analysts expect that Subsea 7 will post 0.86 earnings per share for the current fiscal year.

Subsea 7 Company Profile

Subsea 7 SA 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.