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) issued its quarterly earnings data on Wednesday, February, 21st. The oil and gas company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.06. The oil and gas company had revenue of $718.10 million for the quarter, compared to analysts' expectations of $744.57 million. McDermott International had a return on equity of 10.68% and a net margin of 5.98%. The business's revenue was up 11.9% on a year-over-year basis. During the same period last year, the business earned $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 updated its FY18 earnings guidance on Thursday, April, 12th. The company provided earnings per share guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 1-year price targets for McDermott International's stock. Their forecasts range from $7.50 to $11.00. On average, they expect McDermott International's stock price to reach $8.7667 in the next twelve months. View Analyst Ratings for McDermott International.

McDermott International saw a increase in short interest during 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 daily trading volume, of 7,593,144 shares, the days-to-cover ratio is presently 9.5 days. Approximately 25.5% of the shares of the company are short sold.

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).

News coverage about MDR stock has been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McDermott International earned a media sentiment score of 0.16 on Accern's scale. They also gave news headlines about the oil and gas company an impact score of 47.19 out of 100, meaning that recent news 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]