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

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$20.40 -0.19 (-0.92 %)
(As of 06/22/2018 09:22 AM ET)
Previous Close$20.59
Today's Range$20.32 - $20.67
52-Week Range$16.14 - $27.21
Volume2.18 million shs
Average Volume2.75 million shs
Market Capitalization$1.96 billion
P/E Ratio10.63
Dividend YieldN/A
Beta1.91
McDermott International logoMcDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. 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. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The company's customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Fabricated plate work (boiler shop)
Sub-IndustryOil & Gas Equipment & Services
SectorOils/Energy
SymbolNYSE:MDR
CUSIP58003710
Phone281-870-5000

Debt

Debt-to-Equity Ratio0.28
Current Ratio2.22
Quick Ratio2.22

Price-To-Earnings

Trailing P/E Ratio10.63
Forward P/E Ratio13.88
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.98 billion
Price / Sales0.65
Cash Flow$3.1003 per share
Price / Cash6.58
Book Value$18.90 per share
Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$1.92
Net Income$178.54 million
Net Margins6.24%
Return on Equity11.91%
Return on Assets6.37%

Miscellaneous

Employees11,800
Outstanding Shares95,290,000

McDermott International (NYSE:MDR) Frequently Asked Questions

What is McDermott International's stock symbol?

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

When did McDermott International's stock split? How did McDermott International's stock split work?

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 closing bell 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.

How were McDermott International's earnings last quarter?

McDermott International (NYSE:MDR) issued its quarterly earnings data on Tuesday, April, 24th. The oil and gas company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.33 by $0.18. The oil and gas company had revenue of $607.82 million for the quarter, compared to the consensus estimate of $610 million. McDermott International had a net margin of 6.24% and a return on equity of 11.91%. McDermott International's quarterly revenue was up 17.0% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. View McDermott International's Earnings History.

When is McDermott International's next earnings date?

McDermott International is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for McDermott International.

What guidance has McDermott International issued on next quarter's earnings?

McDermott International issued an update on its FY18 earnings guidance on Tuesday, April, 24th. The company provided earnings per share guidance of $0.42-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.50. The company issued revenue guidance of $3.1-3.3 billion, compared to the consensus revenue estimate of $3.15 billion.

What price target have analysts set for MDR?

8 Wall Street analysts have issued 12-month price targets for McDermott International's shares. Their predictions range from $22.50 to $33.00. On average, they expect McDermott International's share price to reach $26.0667 in the next year. View Analyst Ratings for McDermott International.

Are investors shorting McDermott International?

McDermott International saw a decline in short interest in the month of May. As of May 31st, there was short interest totalling 28,743,542 shares, a decline of 40.2% from the May 15th total of 48,070,098 shares. Based on an average trading volume of 3,467,781 shares, the days-to-cover ratio is presently 8.3 days. Approximately 16.1% of the company's shares are short sold. View McDermott International's Current Options Chain.

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:
  • Mr. David Dickson, Pres, CEO & Director (Age 50)
  • Mr. Stuart A. Spence, Exec. VP & CFO (Age 49)
  • Mr. Brian McLaughlin, Sr. VP of Commercial (Age 47)
  • Mr. Scott Munro, VP of Americas, Europe & Africa (Age 43)
  • Mr. Linh Austin, VP of Middle East & Caspin (Age 48)

Has McDermott International been receiving favorable news coverage?

News articles about MDR stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. McDermott International earned a daily sentiment score of 0.18 on Accern's scale. They also gave news articles about the oil and gas company an impact score of 44.99 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are McDermott International's major shareholders?

McDermott International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.94%), Dimensional Fund Advisors LP (8.41%), Franklin Resources Inc. (3.85%), Northern Trust Corp (2.70%), Van ECK Associates Corp (1.68%) and Russell Investments Group Ltd. (0.92%). View Institutional Ownership Trends for McDermott International.

Which institutional investors are selling McDermott International stock?

MDR stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Prudential Financial Inc., Schwab Charles Investment Management Inc., KBC Group NV, American International Group Inc., California Public Employees Retirement System, Evanston Investments Inc. dba Evanston Advisors and Great West Life Assurance Co. Can. View Insider Buying and Selling for McDermott International.

Which institutional investors are buying McDermott International stock?

MDR stock was acquired by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Systematic Financial Management LP, Russell Investments Group Ltd., Northern Trust Corp, Covalis Capital LLP, SG Americas Securities LLC, Trexquant Investment LP and Van ECK Associates Corp. View Insider Buying and Selling for McDermott International.

How do I buy shares of 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.

What is McDermott International's stock price today?

One share of MDR stock can currently be purchased for approximately $20.40.

How big of a company is McDermott International?

McDermott International has a market capitalization of $1.96 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 $1.92 on an earnings per share basis. McDermott International employs 11,800 workers across the globe.

How can I contact McDermott International?

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]


MarketBeat Community Rating for McDermott International (MDR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  331 (Vote Outperform)
Underperform Votes:  418 (Vote Underperform)
Total Votes:  749
MarketBeat's community ratings are surveys of what our community members think about McDermott International and other stocks. Vote "Outperform" if you believe MDR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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