McDermott International (MDR) Given Media Sentiment Rating of 0.18
Media headlines about McDermott International (NYSE:MDR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. McDermott International earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 45.8592825326643 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Weatherford International plc (WFT) , McDermott International, Inc. (MDR) – Short Term Technical picture – Stocks Gallery (stocksgallery.com)
- McDermott to Present at the Future Investment Initiative – GlobeNewswire (press release) (globenewswire.com)
- McDermott International, Inc. breached its 50 day moving average in a Bearish Manner : MDR-US : October 19, 2017 (finance.yahoo.com)
- Head-To-Head Review: McDermott International (MDR) & Halliburton (HAL) (americanbankingnews.com)
McDermott International (MDR) traded down 1.170% during mid-day trading on Monday, hitting $6.335. The company had a trading volume of 1,142,726 shares. The company has a market cap of $1.80 billion, a PE ratio of 24.365 and a beta of 1.41. McDermott International has a one year low of $4.96 and a one year high of $8.33. The company’s 50 day moving average price is $6.84 and its 200-day moving average price is $6.64.
McDermott International (NYSE:MDR) last announced its earnings results on Tuesday, July 25th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). The company had revenue of $788.20 million for the quarter, compared to analyst estimates of $856.54 million. McDermott International had a return on equity of 5.55% and a net margin of 2.95%. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period last year, the firm earned $0.07 earnings per share. Equities research analysts anticipate that McDermott International will post $0.42 EPS for the current fiscal year.
MDR has been the subject of a number of research analyst reports. BidaskClub upgraded McDermott International from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research upgraded McDermott International from a “hold” rating to a “strong-buy” rating and set a $8.50 price target for the company in a research report on Thursday, July 20th. TheStreet upgraded McDermott International from a “c” rating to a “b-” rating in a research report on Tuesday, July 25th. Scotiabank restated a “buy” rating and issued a $9.00 price target on shares of McDermott International in a research report on Friday, July 28th. Finally, KeyCorp restated a “hold” rating on shares of McDermott International in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $8.47.
About McDermott International
McDermott 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.
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