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 Inc (NYSE:MDR) posted its quarterly earnings data on Wednesday, February, 21st. The oil and gas company reported $0.10 EPS for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.06. The oil and gas company had revenue of $718.10 million for the quarter, compared to the consensus estimate of $744.57 million. McDermott International had a return on equity of 10.68% and a net margin of 5.98%. The company's quarterly revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous 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 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 forecasts range from $7.50 to $11.00. On average, they expect McDermott International's share price to reach $8.7667 in the next twelve months. 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 daily volume of 7,593,144 shares, the days-to-cover ratio is presently 9.5 days. Approximately 25.5% of the company's shares are sold short.

Some companies that are related to McDermott International include CNX Resources (CNX), Range Resources (RRC), Black Stone Minerals (BSM), Matador Resources (MTDR), Enbridge Energy, Limited Partnership (EEP), Whiting Petroleum (WLL), Viper Energy Partners (VNOM), Tallgrass Energy Partners (TEP), Transportadora de Gas del Sur (TGS), Antero Midstream GP (AMGP), Holly Energy Partners (HEP), Jagged Peak Energy (JAG), CVR Energy (CVI), Ormat Technologies (ORA), Oasis Petroleum (OAS), Valero Energy Partners (VLP), Enerplus (ERF) and Sunoco (SUN).

Media coverage about MDR stock has trended somewhat positive on Thursday, according to Accern. Accern identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McDermott International earned a daily sentiment score of 0.14 on Accern's scale. They also assigned headlines about the oil and gas company an impact score of 44.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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 $6.18.

McDermott International has a market capitalization of $1.80 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]