NYSE:MDR - McDermott International Stock Price, Price Target & More

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$18.03 +0.31 (+1.75 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$17.72
Today's Range$17.55 - $18.14
52-Week Range$16.14 - $27.21
Volume1.74 million shs
Average Volume3.95 million shs
Market Capitalization$1.73 billion
P/E Ratio9.39
Dividend YieldN/A
Beta1.87
McDermott International logoMcDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. The company delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company's customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Fabricated plate work (boiler shop)
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:MDR
CUSIP58003710
Phone281-870-5000

Debt

Debt-to-Equity Ratio0.28
Current Ratio2.22
Quick Ratio2.22

Price-To-Earnings

Trailing P/E Ratio9.39
Forward P/E Ratio12.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.98 billion
Price / Sales0.58
Cash Flow$3.1140 per share
Price / Cash5.79
Book Value$18.90 per share
Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$1.92
Net Income$178.54 million
Net Margins6.24%
Return on Equity11.91%
Return on Assets6.37%

Miscellaneous

Employees11,800
Outstanding Shares95,290,000
Market Cap$1,725.70

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McDermott International (NYSE:MDR) Frequently Asked Questions

What is McDermott International's stock symbol?

McDermott International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDR."

When did McDermott International's stock split? How did McDermott International's stock split work?

McDermott International shares reverse split before market open on Thursday, May 10th 2018. The 1-3 reverse split was announced on Wednesday, May 2nd 2018. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, May 9th 2018. An investor that had 100 shares of McDermott International stock prior to the reverse split would have 33 shares after the split.

How were McDermott International's earnings last quarter?

McDermott International (NYSE:MDR) posted its earnings results on Tuesday, April, 24th. The oil and gas company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.18. The oil and gas company earned $607.82 million during the quarter, compared to analysts' expectations of $610 million. McDermott International had a return on equity of 11.91% and a net margin of 6.24%. The company's revenue for the quarter was up 17.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS. View McDermott International's Earnings History.

When is McDermott International's next earnings date?

McDermott International is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for McDermott International.

What guidance has McDermott International issued on next quarter's earnings?

McDermott International issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share (EPS) guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50. The company issued revenue guidance of $3.1-3.3 billion, compared to the consensus revenue estimate of $3.15 billion.

What price target have analysts set for MDR?

8 brokers have issued twelve-month price targets for McDermott International's shares. Their predictions range from $22.50 to $33.00. On average, they expect McDermott International's stock price to reach $26.0667 in the next year. This suggests a possible upside of 44.6% from the stock's current price. View Analyst Ratings for McDermott International.

What is the consensus analysts' recommendation for McDermott International?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting McDermott International?

McDermott International saw a drop in short interest in May. As of May 31st, there was short interest totalling 28,743,542 shares, a drop of 40.2% from the May 15th total of 48,070,098 shares. Based on an average daily trading volume, of 3,467,781 shares, the short-interest ratio is presently 8.3 days. Currently, 16.1% of the shares of the stock are short sold. View McDermott International's Current Options Chain.

Who are some of McDermott International's key competitors?

Who are McDermott International's key executives?

McDermott International's management team includes the folowing people:
  • Mr. David Dickson, Pres, CEO & Director (Age 50)
  • Mr. Stuart A. Spence, Exec. VP & CFO (Age 49)
  • Mr. Scott Munro, Sr. VP & Corp. Devel. Officer (Age 43)
  • Mr. Brian McLaughlin, Sr. VP & Chief Commercial Officer (Age 47)
  • Mr. Linh Austin, Sr. VP of Middle East & North Africa (Age 48)

Has McDermott International been receiving favorable news coverage?

News headlines about MDR stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. McDermott International earned a coverage optimism score of 0.02 on Accern's scale. They also assigned news stories about the oil and gas company an impact score of 46.63 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are McDermott International's major shareholders?

McDermott International's stock is owned by many different of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.24%) and Sippican Capital Advisors (0.10%). View Institutional Ownership Trends for McDermott International.

Which major investors are selling McDermott International stock?

MDR stock was sold by a variety of institutional investors in the last quarter, including Sippican Capital Advisors. View Insider Buying and Selling for McDermott International.

Which major investors are buying McDermott International stock?

MDR stock was purchased by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama. View Insider Buying and Selling for McDermott International.

How do I buy shares of McDermott International?

Shares of MDR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is McDermott International's stock price today?

One share of MDR stock can currently be purchased for approximately $18.03.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.73 billion and generates $2.98 billion in revenue each year. The oil and gas company earns $178.54 million in net income (profit) each year or $1.92 on an earnings per share basis. McDermott International employs 11,800 workers across the globe.

How can I contact McDermott International?

McDermott International's mailing address is 4424 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX, 77041. The oil and gas company can be reached via phone at 281-870-5000 or via email at [email protected]


MarketBeat Community Rating for McDermott International (NYSE MDR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  343 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  775
MarketBeat's community ratings are surveys of what our community members think about McDermott International and other stocks. Vote "Outperform" if you believe MDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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