NYSE:MDRMcDermott International Stock Price, Forecast & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDermott International in the last year. There are currently 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for McDermott International.

McDermott International is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for McDermott International.

McDermott International Inc (NYSE:MDR) issued its quarterly earnings data on Monday, November, 4th. The oil and gas company reported ($1.80) EPS for the quarter, missing the Zacks' consensus estimate of ($0.73) by $1.07. The oil and gas company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.45 billion. McDermott International had a negative net margin of 56.57% and a negative return on equity of 349.92%. The business's revenue was down 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 EPS. View McDermott International's earnings history.

Shares of McDermott International reverse split 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.

3 brokers have issued 1-year price objectives for McDermott International's shares. Their forecasts range from $7.00 to $7.00. On average, they expect McDermott International's stock price to reach $7.00 in the next year. View analysts' price targets for McDermott International.

Headlines about MDR stock have trended very negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. McDermott International earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMcDermott International.

Some companies that are related to McDermott International include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Oil States International (OIS), Matrix Service (MTRX), Tidewater (TDW), Newpark Resources (NR), Era Group (ERA) and Geospace Technologies (GEOS). View all competitors.

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

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

McDermott International's stock is owned by a number of institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (0.33%). Company insiders that own McDermott International stock include David Dickson, Gary Luquette, Hook Sandra, Ian Prescott, Linh Austin, Scott Munro, Stuart Spence and Tareq Kawash. View institutional ownership trends for McDermott International.

MDR stock was bought by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. 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 activity for McDermott International.

McDermott International has a market capitalization of $0.00 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 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]