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

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

McDermott International (NYSE:MDR) posted its earnings results on Wednesday, February, 21st. The oil and gas company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.06. The oil and gas company earned $718.10 million during the quarter, compared to analyst estimates of $744.57 million. McDermott International had a net margin of 5.98% and a return on equity of 10.68%. McDermott International's revenue was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 EPS. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Tuesday, April, 24th 2018. View Earnings Estimates for McDermott International.

McDermott International issued an update on its FY18 earnings guidance on Thursday, April, 12th. 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 $0.49. The company issued revenue guidance of $3.1-3.3 billion, compared to the consensus revenue estimate of $3.15 billion.McDermott International also updated its Q1 guidance to $0.10-0.12 EPS.

10 equities research analysts have issued 12 month target prices for McDermott International's shares. Their predictions range from $7.50 to $11.00. On average, they anticipate McDermott International's stock price to reach $8.7667 in the next year. View Analyst Ratings for McDermott International.

McDermott International saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 71,855,813 shares, an increase of 9.3% from the March 15th total of 65,761,498 shares. Based on an average trading volume of 7,593,144 shares, the short-interest ratio is presently 9.5 days. Approximately 25.5% of the company's stock are sold short.

Some companies that are related to McDermott International include Enbridge Energy, Limited Partnership (EEP), Range Resources (RRC), Tallgrass Energy Partners (TEP), Viper Energy Partners (VNOM), Oasis Petroleum (OAS), Transportadora de Gas del Sur (TGS), Holly Energy Partners (HEP), Antero Midstream GP (AMGP), Jagged Peak Energy (JAG), CVR Energy (CVI), Qep Resources (QEP), Ormat Technologies (ORA), Vallourec (VLOWY), Valero Energy Partners (VLP), Enerplus (ERF), Callon Petroleum (CPE), Petrofac (POFCY) and Sunoco (SUN).

Media headlines about MDR stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McDermott International earned a media sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the oil and gas company an impact score of 45.65 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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.

One share of MDR stock can currently be purchased for approximately $6.05.

McDermott International has a market capitalization of $1.72 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 $0.64 on an earnings per share basis. McDermott International employs 11,800 workers across the globe.

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]