McDermott International Company Profile (NYSE:MDR)

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:
  • Sector: Energy
  • Industry: Oil Related Services and Equipment
  • Sub-Industry: Oil & Gas Equipment & Services
  • Symbol: NYSE:MDR
  • CUSIP: 58003710
  • Web: www.mcdermott.com/
Capitalization:
  • Market Cap: $1.99 billion
  • Outstanding Shares: 283,975,000
Average Prices:
  • 50 Day Moving Avg: $6.26
  • 200 Day Moving Avg: $6.56
  • 52 Week Range: $4.41 - $8.33
P/E:
  • Trailing P/E Ratio: 26.96
  • Foreward P/E Ratio: 16.69
  • P/E Growth: 0.95
Sales & Book Value:
  • Annual Revenue: $2.51 billion
  • Price / Sales: 0.79
  • Book Value: $5.73 per share
  • Price / Book: 1.22
Profitability:
  • EBIDTA: $304.29 million
  • Net Margins: 5.15%
  • Return on Equity: 9.11%
  • Return on Assets: 4.98%
Debt:
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 1.63%
  • Quick Ratio: 1.63%
Misc:
  • Average Volume: 4.30 million shs.
  • Beta: 1.4
  • Short Ratio: 3.96
 

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) released its earnings results on Tuesday, July, 25th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.03. The company earned $788.20 million during the quarter, compared to analyst estimates of $856.54 million. McDermott International had a return on equity of 9.11% and a net margin of 5.15%. McDermott International's revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. View McDermott International's Earnings History.

When will McDermott International make its next earnings announcement?

McDermott International is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for McDermott International.

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

McDermott International issued an update on its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of ~$0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.41. The company issued revenue guidance of ~$3.2 billion, compared to the consensus revenue estimate of $3.19 billion.

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

7 brokers have issued 1-year target prices for McDermott International's shares. Their forecasts range from $7.00 to $10.00. On average, they expect McDermott International's stock price to reach $8.47 in the next year. View Analyst Ratings for McDermott International.

Are investors shorting McDermott International?

McDermott International saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 21,694,829 shares, a decrease of 10.9% from the August 15th total of 24,350,745 shares. Based on an average daily trading volume, of 2,840,494 shares, the days-to-cover ratio is presently 7.6 days. Currently, 7.7% of the company's stock are sold short.

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

Who owns McDermott International stock?

McDermott International's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.40%), Vanguard Group Inc. (10.60%), Dimensional Fund Advisors LP (7.37%), Fairpointe Capital LLC (5.51%), LSV Asset Management (5.09%) and State Street Corp (2.95%). 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 Proxima Capital Management LLC, Acadian Asset Management LLC, Cornerstone Capital Management Holdings LLC., Wells Fargo & Company MN, QS Investors LLC, Cipher Capital LP, AJO LP and Franklin Resources Inc.. View Insider Buying and Selling for McDermott International.

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

McDermott International's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, Thompson Siegel & Walmsley LLC, Bank of New York Mellon Corp, State Street Corp, Principal Financial Group Inc. and Ameriprise Financial Inc.. 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 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 $7.01.


MarketBeat Community Rating for McDermott International (NYSE MDR)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  623
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

Consensus Ratings for McDermott International (NYSE:MDR) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $8.47 (20.78% upside)

Analysts' Ratings History for McDermott International (NYSE:MDR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017KeyCorpReiterated RatingHoldMediumView Rating Details
7/28/2017ScotiabankReiterated RatingBuy$9.00LowView Rating Details
5/25/2017Scotia Howard WeillUpgradeSector Perform -> Sector OutperformMediumView Rating Details
4/22/2017Deutsche Bank AGReiterated RatingHold$8.00 -> $7.00LowView Rating Details
1/31/2017Credit Suisse GroupBoost Price TargetNeutral$5.45 -> $8.80N/AView 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
11/10/2015William BlairReiterated RatingHold$5.50N/AView Rating Details
10/8/2015Vertical GroupDowngradeHoldN/AView Rating Details
10/8/2015Vertical ResearchDowngradeBuy -> HoldN/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History 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
10/23/2017$0.20N/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: $0.28
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($0.03)$0.05$0.01
(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: 87.09%
Insider Trades by Quarter for McDermott International (NYSE:MDR)
Institutional Ownership 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
nasdaq.com logoMcDermott International (MDR) Shares Cross Above 200 DMA
www.nasdaq.com - September 21 at 6:02 PM
globenewswire.com logoMcDermott to Present at the Johnson Rice & Company 2017 Energy ... - GlobeNewswire (press release)
globenewswire.com - September 20 at 6:11 AM
finance.yahoo.com logoMcDermott to Present at the Johnson Rice & Company 2017 Energy Conference
finance.yahoo.com - September 20 at 6:11 AM
americanbankingnews.com logoShort Interest in McDermott International, Inc. (MDR) Decreases By 10.9%
www.americanbankingnews.com - September 19 at 1:44 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 16 at 12:38 PM
seekingalpha.com logoMcDermott (MDR) Presents At Pareto Securities annual Oil & Offshore Conference - Slideshow
seekingalpha.com - September 16 at 6:19 AM
marketwatch.com logoTechnical Research on Oil & Gas Equities -- McDermott, Baker Hughes, NOW, and Oceaneering
www.marketwatch.com - September 15 at 6:23 AM
finance.yahoo.com logoNational Oilwell Varco’s Correlation with Crude Oil Prices
finance.yahoo.com - September 15 at 6:23 AM
finance.yahoo.com logoMcDermott to Present at Pareto Securities’ 24th Oil & Offshore Conference
finance.yahoo.com - September 13 at 6:26 AM
americanbankingnews.com logoHead-To-Head Survey: McDermott International (MDR) & Its Peers
www.americanbankingnews.com - September 13 at 6:20 AM
americanbankingnews.com logoContrasting McDermott International (MDR) & its Peers
www.americanbankingnews.com - September 10 at 6:26 PM
finance.yahoo.com logoMcDermott to Present at Pareto Securities’ 24th Oil & Offshore Conference
finance.yahoo.com - September 8 at 3:30 AM
feeds.benzinga.com logoMcDermott to Present at Pareto Securities' 24th Oil & Offshore Conference
feeds.benzinga.com - September 7 at 8:20 AM
globenewswire.com logoMcDermott Appoints Philippe Barril to Board of Directors - GlobeNewswire (press release)
globenewswire.com - September 5 at 9:29 PM
streetinsider.com logoMcDermott Int'l (MDR) Names Philippe Barril to Board
www.streetinsider.com - September 5 at 4:28 PM
finance.yahoo.com logoMcDermott Appoints Philippe Barril to Board of Directors
finance.yahoo.com - September 5 at 4:28 PM
nasdaq.com logoWhy Is McDermott (MDR) Down 15% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - August 31 at 7:09 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Expected to Post Quarterly Sales of $973.51 Million
www.americanbankingnews.com - August 31 at 5:04 AM
finance.yahoo.com logoWhy Is McDermott (MDR) Down 15% Since the Last Earnings Report?
finance.yahoo.com - August 30 at 6:27 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Expected to Announce Earnings of $0.19 Per Share
www.americanbankingnews.com - August 29 at 6:18 PM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Receives Hold Rating from KeyCorp
www.americanbankingnews.com - August 27 at 12:32 PM
nasdaq.com logoShares of MDR Now Oversold
www.nasdaq.com - August 25 at 8:22 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - August 22 at 12:50 PM
finance.yahoo.com logoFlotek’s Correlation with Crude Oil on August 10
finance.yahoo.com - August 21 at 7:50 PM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Downgraded by BidaskClub to "Strong Sell"
www.americanbankingnews.com - August 20 at 10:52 AM
americanbankingnews.com logoCritical Analysis: McDermott International (MDR) and Targa Pipeline Partners (APL)
www.americanbankingnews.com - August 18 at 10:46 AM
finance.yahoo.com logoCorrelation between Schlumberger and Crude Oil on August 11
finance.yahoo.com - August 16 at 6:04 AM
finance.yahoo.com logoMcDermott Appoints John Freeman as Senior Vice President, General Counsel and Corporate Secretary
finance.yahoo.com - August 15 at 1:24 AM
finance.yahoo.com logoShorting Weatherford: Reading the Short Interest in WFT on August 11
finance.yahoo.com - August 15 at 1:24 AM
americanbankingnews.com logoZacks: Analysts Expect McDermott International, Inc. (NYSE:MDR) Will Post Quarterly Sales of $973.51 Million
www.americanbankingnews.com - August 13 at 7:56 AM
americanbankingnews.com logoZacks: Brokerages Anticipate McDermott International, Inc. (MDR) Will Announce Earnings of $0.19 Per Share
www.americanbankingnews.com - August 11 at 4:46 PM
finance.yahoo.com logoETFs with exposure to McDermott International, Inc. : August 8, 2017
finance.yahoo.com - August 8 at 11:26 PM
seekingalpha.com logoA Light In A Darkened Industry - Seeking Alpha
seekingalpha.com - August 2 at 5:08 AM
finance.yahoo.com logoMcDermott International, Inc. breached its 50 day moving average in a Bearish Manner : MDR-US : August 1, 2017
finance.yahoo.com - August 2 at 5:08 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Short Interest Down 10.8% in July
www.americanbankingnews.com - August 1 at 7:12 AM
americanbankingnews.com logoScotiabank Reiterates Buy Rating for McDermott International, Inc. (NYSE:MDR)
www.americanbankingnews.com - July 28 at 4:39 PM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Expected to Post Q4 2017 Earnings of ($0.03) Per Share
www.americanbankingnews.com - July 28 at 3:34 PM
americanbankingnews.com logoMcDermott International, Inc. (NYSE:MDR) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 28 at 12:55 PM
seekingalpha.com logoMcDermott International Is Still A Bargain - Seeking Alpha
seekingalpha.com - July 28 at 3:50 AM
americanbankingnews.com logoMcDermott International, Inc. (NYSE:MDR) Expected to Earn Q3 2017 Earnings of $0.24 Per Share
www.americanbankingnews.com - July 27 at 8:44 AM
finance.yahoo.com logoMcDermott International, Inc. :MDR-US: Earnings Analysis: Q2, 2017 By the Numbers : July 26, 2017
finance.yahoo.com - July 27 at 4:17 AM
americanbankingnews.com logoMcDermott International, Inc. (MDR) Upgraded to "B-" by TheStreet
www.americanbankingnews.com - July 26 at 9:18 PM
americanbankingnews.com logo$972.58 Million in Sales Expected for McDermott International, Inc. (NYSE:MDR) This Quarter
www.americanbankingnews.com - July 26 at 3:53 PM
rttnews.com logoMcDermott International Inc. Profit Rises 60% In Q2
www.rttnews.com - July 25 at 11:50 PM
seekingalpha.com logoMcDermott International's (MDR) CEO David Dickson on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 25 at 11:50 PM
finance.yahoo.com logoInvestor Network: McDermott International, Inc. to Host Earnings Call
finance.yahoo.com - July 25 at 11:50 PM
finance.yahoo.com logoMcDermott Reports Second Quarter 2017 Financial and Operational Results
finance.yahoo.com - July 25 at 11:50 PM
finance.yahoo.com logoCore Laboratories (CLB) Q2 Earnings Top Estimates, Sales Lag
finance.yahoo.com - July 25 at 11:50 PM
finance.yahoo.com logoMcDermott misses 2Q profit forecasts
finance.yahoo.com - July 25 at 11:50 PM
finance.yahoo.com logoEdited Transcript of MDR earnings conference call or presentation 25-Jul-17 12:30pm GMT
finance.yahoo.com - July 25 at 11:50 PM

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Chart

McDermott International (MDR) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff