NYSE:MDR - McDermott International Stock Price, News, & Analysis

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

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.

McDermott International Inc (NYSE:MDR) posted its quarterly earnings data on Monday, February, 25th. The oil and gas company reported ($1.55) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $1.76. The oil and gas company earned $2.07 billion during the quarter, compared to analyst estimates of $2.64 billion. McDermott International had a negative net margin of 40.07% and a negative return on equity of 3.20%. The company's quarterly revenue was up 188.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. View McDermott International's Earnings History.

McDermott International is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for McDermott International.

McDermott International updated its FY19 earnings guidance on Monday, February, 25th. The company provided EPS guidance of $1.65-1.75 for the period, compared to the Thomson Reuters consensus estimate of $1.47. The company issued revenue guidance of $9.5-10.5 billion, compared to the consensus revenue estimate of $9.76 billion.McDermott International also updated its FY 2019 guidance to $1.65-1.75 EPS.

2 brokerages have issued 1-year price targets for McDermott International's stock. Their forecasts range from $13.00 to $38.00. On average, they expect McDermott International's stock price to reach $24.6667 in the next year. This suggests a possible upside of 250.9% from the stock's current price. View Analyst Price Targets for McDermott International.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for McDermott International.

Headlines about MDR stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. McDermott International earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Some companies that are related to McDermott International include Chart Industries (GTLS), Mobile Mini (MINI), Paul Mueller (MUEL), THT Heat Transfer Technology (THTI) and Global Power Equipment Group (GLPW).

Based on aggregate information from My MarketBeat watchlists, some companies that other McDermott International investors own include General Electric (GE), Micron Technology (MU), Bank of America (BAC), Chesapeake Energy (CHK), Advanced Micro Devices (AMD), Ford Motor (F), AT&T (T), Chicago Bridge & Iron (CBI), Exxon Mobil (XOM) and Intel (INTC).

McDermott International's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.74%), Dimensional Fund Advisors LP (5.11%), LSV Asset Management (3.85%), Van ECK Associates Corp (2.35%), Millennium Management LLC (1.72%) and Northern Trust Corp (1.60%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Scott Munro, Stuart Spence and Tareq Kawash. View Institutional Ownership Trends for McDermott International.

MDR stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, James Investment Research Inc., Barnett & Company Inc., Geode Capital Management LLC, Geode Capital Management LLC, Bank of New York Mellon Corp, Sippican Capital Advisors and Chicago Equity Partners LLC. View Insider Buying and Selling for McDermott International.

MDR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Millennium Management LLC, Van ECK Associates Corp, LSV Asset Management, Towle & Co., Boston Partners, Hsbc Holdings PLC and Oregon Public Employees Retirement Fund. Company insiders that have bought McDermott International stock in the last two years include David Dickson, Gary Luquette, Ian Prescott, Linh Austin, Stuart Spence and Tareq Kawash. View Insider Buying and Selling for 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.

One share of MDR stock can currently be purchased for approximately $7.03.

McDermott International has a market capitalization of $1.27 billion and generates $6.71 billion in revenue each year. The oil and gas company earns $-2,687,000,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis. McDermott International employs 31,900 workers across the globe.

The official website for McDermott International is http://www.mcdermott.com.

McDermott International's mailing address is 757 NORTH ELDRIDGE PARKWAY, HOUSTON TX, 77079. The oil and gas company can be reached via phone at 281-870-5000 or via email at [email protected]