NYSE:DODiamond Offshore Drilling Stock Price, Forecast & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond Offshore Drilling in the last year. There are currently 6 sell ratings, 11 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Diamond Offshore Drilling.

Diamond Offshore Drilling is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Diamond Offshore Drilling.

Diamond Offshore Drilling Inc (NYSE:DO) posted its quarterly earnings results on Monday, May, 4th. The offshore drilling services provider reported ($0.66) EPS for the quarter, beating the consensus estimate of ($0.80) by $0.14. The offshore drilling services provider earned $229.17 million during the quarter, compared to analysts' expectations of $215.30 million. Diamond Offshore Drilling had a negative return on equity of 12.45% and a negative net margin of 117.37%. View Diamond Offshore Drilling's earnings history.

18 brokerages have issued 12 month price objectives for Diamond Offshore Drilling's shares. Their forecasts range from $0.90 to $11.00. On average, they anticipate Diamond Offshore Drilling's share price to reach $4.99 in the next year. This suggests a possible upside of 432.1% from the stock's current price. View analysts' price targets for Diamond Offshore Drilling.

News headlines about DO stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Diamond Offshore Drilling earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned media coverage about the offshore drilling services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Diamond Offshore Drilling.

Some companies that are related to Diamond Offshore Drilling include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Unit (UNT), Pioneer Energy Services (PESXQ) and Vantage Drilling (VTGDF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Offshore Drilling investors own include Transocean (RIG), Bank of America (BAC), Intelsat (I), Cabot Oil & Gas (COG), Fossil Group (FOSL), Synergy Pharmaceuticals (SGYP), AMC Entertainment (AMC), Ciena (CIEN), Chaarat Gold (CGH) and Associated British Foods (ABF).

Diamond Offshore Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "DO."

One share of DO stock can currently be purchased for approximately $0.94.

Diamond Offshore Drilling has a market capitalization of $129.55 million and generates $980.64 million in revenue each year. The offshore drilling services provider earns $-357,210,000.00 in net income (profit) each year or ($2.55) on an earnings per share basis. Diamond Offshore Drilling employs 2,500 workers across the globe.

The official website for Diamond Offshore Drilling is www.diamondoffshore.com.

Diamond Offshore Drilling's mailing address is 15415 KATY FREEWAY, HOUSTON TX, 77094. The offshore drilling services provider can be reached via phone at 281-492-5300 or via email at [email protected]