McDermott International Stock Price, News & Analysis (NYSE:MDR)

$7.15 0.14 (2.00 %)
(As of 11/17/2017 04:00 PM ET)
Previous Close$7.01
Today's Range$7.03 - $7.21
52-Week Range$5.56 - $8.33
Volume1.34 million shs
Average Volume3.17 million shs
Market Capitalization$1.99 billion
P/E Ratio12.82
Dividend YieldN/A
Beta1.32

About McDermott International (NYSE:MDR)

McDermott International logoMcDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. 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. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.


Industry, Sector and Symbol:
  • Industry: Oil Related Services and Equipment
  • Sub-Industry: Oil & Gas Equipment & Services
  • Sector: Oil Related Services and Equipment - NEC
  • Symbol: NYSE:MDR
  • CUSIP: 58003710
  • Web: www.mcdermott.com
Debt:
  • Debt-to-Equity Ratio: 0.30%
  • Current Ratio: 1.70%
  • Quick Ratio: 1.70%
Price-To-Earnings:
  • Trailing P/E Ratio: 12.82
  • Forward P/E Ratio: 13.49
Sales & Book Value:
  • Annual Sales: $2.63598 billion
  • Price / Sales: 0.77
  • Cash Flow: $0.85 per share
  • Price / Cash: 8.44
  • Book Value: $6.20 per share
  • Price / Book: 1.15
Profitability:
  • Trailing EPS: $0.53
  • Net Income: $34.11 million
  • Net Margins: 10.05%
  • Return on Equity: 22.63%
  • Return on Assets: 11.45%
Misc:
  • Employees: 12,400
  • Outstanding Shares: 284,010,000
 

Frequently Asked Questions for McDermott International (NYSE:MDR)

What is McDermott International's stock symbol?

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

How were McDermott International's earnings last quarter?

McDermott International, Inc. (NYSE:MDR) posted its quarterly earnings results on Wednesday, November, 1st. The oil and gas company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.14. The oil and gas company had revenue of $958.50 million for the quarter, compared to the consensus estimate of $977.28 million. McDermott International had a return on equity of 22.63% and a net margin of 10.05%. The firm's quarterly revenue was up 71.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.09 EPS. View McDermott International's Earnings History.

Where is McDermott International's stock going? Where will McDermott International's stock price be in 2017?

7 brokerages have issued 1-year price objectives for McDermott International's shares. Their forecasts range from $5.25 to $10.00. On average, they anticipate McDermott International's share price to reach $7.93 in the next twelve months. View Analyst Ratings for McDermott International.

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:

  • David Dickson, President, Chief Executive Officer, Director (Age 49)
  • Stuart E. Spence, Chief Financial Officer, Executive Vice President (Age 48)
  • Jonathan Kennefick, Senior Vice President, Project Execution and Delivery (Age 48)
  • Brian McLaughlin, Senior Vice President, Commercial (Age 46)
  • Christopher A. Krummel, Vice President - Finance, Chief Accounting Officer (Age 49)
  • Ty Lawrence, Vice President, Treasurer and Investor Relations
  • Kathy Murray, Vice President, Treasurer
  • Andrew Leys, Vice President of Human Resources (Age 38)
  • Linh Austin, Vice President, Middle East and Caspian
  • Hugh Cuthbertson, Vice President, Asia (Age 58)

Who owns McDermott International stock?

McDermott International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.13%), Hotchkis & Wiley Capital Management LLC (2.67%), Van ECK Associates Corp (1.55%), Bank of New York Mellon Corp (1.28%), Investment Counselors of Maryland LLC (1,239,394.74%) and Prudential Financial Inc. (1.05%). View Institutional Ownership Trends for McDermott International.

Who sold McDermott International stock? Who is selling McDermott International stock?

McDermott International's stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Allianz Asset Management GmbH, Hotchkis & Wiley Capital Management LLC, Bank of New York Mellon Corp, Cipher Capital LP, Russell Investments Group Ltd., Investment Counselors of Maryland LLC and Cornerstone Capital Management Holdings LLC.. View Insider Buying and Selling for McDermott International.

Who bought McDermott International stock? Who is buying McDermott International stock?

McDermott International's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Canada Pension Plan Investment Board, KBC Group NV, Neuberger Berman Group LLC, Van ECK Associates Corp, Engineers Gate Manager LP, 361 Capital LLC and Pinebridge Investments L.P.. View Insider Buying and Selling for McDermott International.

How do I buy McDermott International stock?

Shares of McDermott International 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 McDermott International stock can currently be purchased for approximately $7.15.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.99 billion and generates $2.63598 billion in revenue each year. The oil and gas company earns $34.11 million in net income (profit) each year or $0.53 on an earnings per share basis. McDermott International employs 12,400 workers across the globe.

How can I contact McDermott International?

McDermott International's mailing address is 777 N Eldridge Pkwy, HOUSTON, TX 77079-4425, United States. The oil and gas company can be reached via phone at +1-281-8705000 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:  291 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  654
MarketBeat's community ratings are surveys of what our community members think about McDermott International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Rating for McDermott International (NYSE:MDR)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 4 Hold Ratings, 3 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $7.93 (10.84% upside)

Consensus Price Target History for McDermott International (NYSE:MDR)

Price Target History for McDermott International (NYSE:MDR)

Analysts' Ratings History for McDermott International (NYSE:MDR)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/10/2017KeyCorpReiterated RatingHoldN/AView Rating Details
11/2/2017Credit Suisse GroupLower Price TargetNeutral$7.60 -> $7.30N/AView Rating Details
11/1/2017ScotiabankReiterated RatingBuy$9.00N/AView Rating Details
10/24/2017Deutsche Bank AGLower Price TargetHold$6.50 -> $5.25N/AView Rating Details
5/25/2017Scotia Howard WeillUpgradeSector Perform -> Sector OutperformMediumView Rating Details
1/23/2017Citigroup Inc.Boost Price TargetNeutral$6.00 -> $8.00N/AView Rating Details
9/22/2016Imperial CapitalReiterated RatingOutperform$7.00N/AView Rating Details
5/24/2016Sterne Agee CRTInitiated CoverageNeutralN/AView Rating Details
4/19/2016Morgan StanleyBoost Price TargetUnderweight$3.00 -> $4.00N/AView Rating Details
3/14/2016DA DavidsonBoost Price TargetNeutral$3.00 -> $4.00N/AView Rating Details
(Data available from 11/17/2015 forward)

Earnings

Earnings History and Estimates Chart for McDermott International (NYSE:MDR)

Earnings by Quarter for McDermott International (NYSE:MDR)

Earnings History by Quarter for McDermott International (NYSE MDR)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017Q3 2017$0.19$0.33$977.28 million$958.50 millionViewN/AView Earnings Details
7/25/2017Q2 2017$0.16$0.13$856.54 million$788.20 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.01$0.08$689.30 million$519.40 millionViewN/AView Earnings Details
2/21/2017Q416($0.01)$0.02$614.01 million$641.80 millionViewListenView Earnings Details
10/25/2016Q316($0.06)$0.09$630.05 million$558.54 millionViewListenView Earnings Details
7/26/2016Q216$0.02$0.08$753.43 million$706.60 millionViewListenView Earnings Details
5/5/2016Q116$0.01$0.13$700.70 million$729.00 millionViewListenView Earnings Details
2/22/2016Q4($0.11)$0.06$757.82 million$667.40 millionViewListenView Earnings Details
11/9/2015Q3($0.05)$0.09$753.43 million$805.90 millionViewListenView Earnings Details
8/10/2015Q215($0.05)$0.12$830.30 million$1.05 billionViewListenView Earnings Details
5/11/2015Q115($0.08)($0.02)$759.10 million$550.50 millionViewListenView Earnings Details
3/2/2015Q414($0.06)$0.03$715.83 million$806.40 millionViewListenView Earnings Details
11/5/2014Q314($0.10)($0.14)$686.50 million$415.00 millionViewListenView Earnings Details
8/4/2014Q214($0.17)($0.05)$651.31 million$476.00 millionViewListenView Earnings Details
5/7/2014Q114($0.12)($0.21)$664.56 million$603.80 millionViewListenView Earnings Details
3/3/2014Q413$0.15($1.37)$825.61 million$517.00 millionViewListenView Earnings Details
11/5/2013Q313($0.03)($0.27)$743.13 million$686.86 millionViewListenView Earnings Details
8/5/2013Q2 2013$0.03($0.63)$757.87 million$647.25 millionViewListenView Earnings Details
5/8/2013Q1 2013$0.14$0.09$748.58 million$807.50 millionViewListenView Earnings Details
2/28/2013Q4 2012$0.23$0.17$981.49 million$995.95 millionViewListenView Earnings Details
11/5/2012Q312$0.24$0.21$984.96 million$1.03 billionViewN/AView Earnings Details
8/6/2012$0.22$0.22ViewN/AView Earnings Details
5/10/2012$0.15$0.25ViewN/AView Earnings Details
2/29/2012$0.20$0.04ViewN/AView Earnings Details
11/8/2011$0.04$0.04ViewN/AView Earnings Details
8/3/2011$0.32$0.27ViewN/AView Earnings Details
5/10/2011$0.28$0.29ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for McDermott International (NYSE:MDR)
2017 EPS Consensus Estimate: $0.29
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.03)$0.03$0.00
Q2 20172$0.05$0.17$0.11
Q3 20172$0.07$0.24$0.16
Q4 20172($0.01)$0.05$0.02
(Data provided by Zacks Investment Research)

Dividends

Dividend History for McDermott International (NYSE:MDR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for McDermott International (NYSE MDR)

Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 84.35%
Insider Trades by Quarter for McDermott International (NYSE:MDR)
Insider Trades by Quarter for McDermott International (NYSE:MDR)

Insider Trades by Quarter for McDermott International (NYSE MDR)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/14/2014David A TriceDirectorBuy20,000$4.16$83,200.00View SEC Filing  
9/5/2014David DicksonCEOSell70,000$7.18$502,600.00View SEC Filing  
6/10/2014John F Bookout IIIDirectorBuy50,000$7.71$385,500.00View SEC Filing  
3/7/2014William SchumannDirectorBuy20,000$7.86$157,200.00View SEC Filing  
8/8/2013Stephen Marcum JohnsonCEOBuy74,180$6.74$499,973.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for McDermott International (NYSE:MDR)

Latest Headlines for McDermott International (NYSE MDR)

Source:
DateHeadline
Patterson-UTI Energy’s Net Debt after 3Q17Patterson-UTI Energy’s Net Debt after 3Q17
finance.yahoo.com - November 17 at 3:56 PM
Patterson-UTI Energy’s Correlation with Crude Oil on November 14Patterson-UTI Energy’s Correlation with Crude Oil on November 14
finance.yahoo.com - November 17 at 3:56 PM
McDermott (MDR) Secures New EPCI Contract in Arabian GulfMcDermott (MDR) Secures New EPCI Contract in Arabian Gulf
finance.yahoo.com - November 13 at 3:50 PM
Stock Market News For Nov 13, 2017Stock Market News For Nov 13, 2017
finance.yahoo.com - November 13 at 3:50 PM
McDermott Awarded Major EPCI Contract in Middle EastMcDermott Awarded Major EPCI Contract in Middle East
finance.yahoo.com - November 12 at 6:02 AM
McDermott Teams in Dubai, Chennai, Al Khobar to Work on 'Major' ContractMcDermott Teams in Dubai, Chennai, Al Khobar to Work on 'Major' Contract
finance.yahoo.com - November 12 at 6:02 AM
McDermott International, Inc. (MDR) Rating Reiterated by KeyCorpMcDermott International, Inc. (MDR) Rating Reiterated by KeyCorp
www.americanbankingnews.com - November 11 at 12:20 PM
Comparing Tetra Technologies (TTI) & McDermott International (MDR)Comparing Tetra Technologies (TTI) & McDermott International (MDR)
www.americanbankingnews.com - November 9 at 7:58 AM
McDermott International, Inc. Expected to Post FY2017 Earnings of $0.52 Per Share (MDR)McDermott International, Inc. Expected to Post FY2017 Earnings of $0.52 Per Share (MDR)
www.americanbankingnews.com - November 6 at 4:16 AM
McDermott International, Inc. (MDR) Given Average Rating of "Hold" by AnalystsMcDermott International, Inc. (MDR) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - November 5 at 11:44 AM
McDermott International, Inc. (MDR) PT Raised to $7.50McDermott International, Inc. (MDR) PT Raised to $7.50
www.americanbankingnews.com - November 3 at 9:20 PM
McDermott International (MDR) Q3 2017 Results - Earnings Call TranscriptMcDermott International (MDR) Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - November 3 at 5:00 PM
McDermott International, Inc. breached its 50 day moving average in a Bullish Manner : MDR-US : November 2, 2017McDermott International, Inc. breached its 50 day moving average in a Bullish Manner : MDR-US : November 2, 2017
finance.yahoo.com - November 3 at 5:00 PM
McDermott International, Inc. :MDR-US: Earnings Analysis: Q3, 2017 By the Numbers : November 2, 2017McDermott International, Inc. :MDR-US: Earnings Analysis: Q3, 2017 By the Numbers : November 2, 2017
finance.yahoo.com - November 3 at 5:00 PM
McDermott (MDR) Q3 Earnings Gain on Strong Project ExecutionMcDermott (MDR) Q3 Earnings Gain on Strong Project Execution
finance.yahoo.com - November 3 at 5:00 PM
ETFs with exposure to McDermott International, Inc. : November 3, 2017ETFs with exposure to McDermott International, Inc. : November 3, 2017
finance.yahoo.com - November 3 at 5:00 PM
McDermott International, Inc. (MDR) Rating Increased to Hold at Zacks Investment ResearchMcDermott International, Inc. (MDR) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - November 3 at 1:44 PM
Credit Suisse Group AG Cuts McDermott International, Inc. (MDR) Price Target to $7.30Credit Suisse Group AG Cuts McDermott International, Inc. (MDR) Price Target to $7.30
www.americanbankingnews.com - November 2 at 9:48 PM
McDermott Receives Letter of Award for KG-D6 Subsea Installation Contract from Reliance Industries - GlobeNewswire (press release)McDermott Receives Letter of Award for KG-D6 Subsea Installation Contract from Reliance Industries - GlobeNewswire (press release)
globenewswire.com - November 2 at 6:19 AM
McDermott Reports Third Quarter 2017 Financial and Operational Results - GlobeNewswire (press release)McDermott Reports Third Quarter 2017 Financial and Operational Results - GlobeNewswire (press release)
globenewswire.com - November 2 at 6:19 AM
McDermott +2% on Q3 earnings beat, EPCI contract award - Seeking AlphaMcDermott +2% on Q3 earnings beat, EPCI contract award - Seeking Alpha
seekingalpha.com - November 2 at 6:19 AM
McDermott Receives Letter of Award for KG-D6 Subsea Installation Contract from Reliance IndustriesMcDermott Receives Letter of Award for KG-D6 Subsea Installation Contract from Reliance Industries
finance.yahoo.com - November 2 at 6:19 AM
McDermott Receives Letter of Award for EPCI Contract for Offshore Redevelopment Project in the Middle EastMcDermott Receives Letter of Award for EPCI Contract for Offshore Redevelopment Project in the Middle East
finance.yahoo.com - November 2 at 6:19 AM
McDermott Reports Third Quarter 2017 Financial and Operational ResultsMcDermott Reports Third Quarter 2017 Financial and Operational Results
finance.yahoo.com - November 2 at 6:19 AM
McDermott beats 3Q profit forecastsMcDermott beats 3Q profit forecasts
finance.yahoo.com - November 2 at 6:19 AM
Edited Transcript of MDR earnings conference call or presentation 1-Nov-17 12:30pm GMTEdited Transcript of MDR earnings conference call or presentation 1-Nov-17 12:30pm GMT
finance.yahoo.com - November 2 at 6:19 AM
McDermott International's Blowout Quarter Sends Shares FlyingMcDermott International's Blowout Quarter Sends Shares Flying
finance.yahoo.com - November 2 at 6:19 AM
Scotiabank Reaffirms Buy Rating for McDermott International, Inc. (MDR)Scotiabank Reaffirms Buy Rating for McDermott International, Inc. (MDR)
www.americanbankingnews.com - November 1 at 10:24 PM
McDermott International, Inc. (MDR) Announces  Earnings ResultsMcDermott International, Inc. (MDR) Announces Earnings Results
www.americanbankingnews.com - November 1 at 2:26 PM
Weatherford’s Next-7-Day Stock Price ForecastWeatherford’s Next-7-Day Stock Price Forecast
finance.yahoo.com - October 31 at 3:42 AM
Zacks: Analysts Anticipate McDermott International, Inc. (MDR) Will Post Quarterly Sales of $973.51 MillionZacks: Analysts Anticipate McDermott International, Inc. (MDR) Will Post Quarterly Sales of $973.51 Million
www.americanbankingnews.com - October 26 at 6:22 AM
McDermott International, Inc. (MDR) Downgraded to "Strong Sell" at Zacks Investment ResearchMcDermott International, Inc. (MDR) Downgraded to "Strong Sell" at Zacks Investment Research
www.americanbankingnews.com - October 25 at 10:00 AM
$0.19 Earnings Per Share Expected for McDermott International, Inc. (MDR) This Quarter$0.19 Earnings Per Share Expected for McDermott International, Inc. (MDR) This Quarter
www.americanbankingnews.com - October 24 at 8:30 PM
December 15th Options Now Available For McDermott International (MDR)December 15th Options Now Available For McDermott International (MDR)
www.thestreet.com - October 24 at 5:16 AM
McDermott to Present at the Future Investment Initiative - GlobeNewswire (press release)McDermott to Present at the Future Investment Initiative - GlobeNewswire (press release)
globenewswire.com - October 20 at 6:11 AM
McDermott to Present at the Future Investment InitiativeMcDermott to Present at the Future Investment Initiative
finance.yahoo.com - October 20 at 6:11 AM
McDermott International, Inc. breached its 50 day moving average in a Bearish Manner : MDR-US : October 19, 2017McDermott International, Inc. breached its 50 day moving average in a Bearish Manner : MDR-US : October 19, 2017
finance.yahoo.com - October 20 at 6:11 AM
Head-To-Head Review: McDermott International (MDR) & Halliburton (HAL)Head-To-Head Review: McDermott International (MDR) & Halliburton (HAL)
www.americanbankingnews.com - October 18 at 4:25 PM
MDR Crosses Below Key Moving Average LevelMDR Crosses Below Key Moving Average Level
www.nasdaq.com - October 16 at 8:10 PM
McDermott Announces Date for Third Quarter 2017 Financial Results and Conference CallMcDermott Announces Date for Third Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - October 16 at 8:10 PM
McDermott International, Inc. (MDR) Scheduled to Post Earnings on MondayMcDermott International, Inc. (MDR) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - October 16 at 5:26 AM
Edited Transcript of MDR earnings conference call or presentation 6-Aug-13 2:00pm GMTEdited Transcript of MDR earnings conference call or presentation 6-Aug-13 2:00pm GMT
finance.yahoo.com - October 15 at 7:33 PM
Validea Kenneth Fisher Strategy Daily Upgrade Report - 10/13/2017 - NasdaqValidea Kenneth Fisher Strategy Daily Upgrade Report - 10/13/2017 - Nasdaq
www.nasdaq.com - October 13 at 6:44 AM
McDermott to Present at 38th Annual Oil & Money Conference - GlobeNewswire (press release)McDermott to Present at 38th Annual Oil & Money Conference - GlobeNewswire (press release)
globenewswire.com - October 13 at 6:44 AM
McDermott International, Inc. (MDR) Given Consensus Recommendation of "Hold" by AnalystsMcDermott International, Inc. (MDR) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - October 11 at 12:44 PM
Assessing Weatherford’s Stock Price Forecast for the Next 7 DaysAssessing Weatherford’s Stock Price Forecast for the Next 7 Days
finance.yahoo.com - October 4 at 7:17 AM
Head-To-Head Review: Ion Geophysical Corporation (IO) vs. McDermott International (MDR)Head-To-Head Review: Ion Geophysical Corporation (IO) vs. McDermott International (MDR)
www.americanbankingnews.com - September 27 at 2:32 PM
McDermott International (MDR) Shares Cross Above 200 DMAMcDermott International (MDR) Shares Cross Above 200 DMA
www.nasdaq.com - September 21 at 6:02 PM
McDermott to Present at the Johnson Rice & Company 2017 Energy ... - GlobeNewswire (press release)McDermott to Present at the Johnson Rice & Company 2017 Energy ... - GlobeNewswire (press release)
globenewswire.com - September 20 at 6:11 AM
McDermott to Present at the Johnson Rice & Company 2017 Energy ConferenceMcDermott to Present at the Johnson Rice & Company 2017 Energy Conference
finance.yahoo.com - September 20 at 6:11 AM

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Financials

Chart

McDermott International (NYSE MDR) Chart for Friday, November, 17, 2017
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This page was last updated on 11/17/2017 by MarketBeat.com Staff

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