McDermott International, Inc. (MDR) EPS Estimated At $-0.01

February 19, 2018 - By Linda Rogers

 McDermott International, Inc. (MDR) EPS Estimated At $ 0.01
Investors sentiment decreased to 1.16 in Q3 2017. Its down 0.23, from 1.39 in 2017Q2. It dived, as 24 investors sold McDermott International, Inc. shares while 72 reduced holdings. 36 funds opened positions while 75 raised stakes. 243.14 million shares or 1.18% less from 246.04 million shares in 2017Q2 were reported.
Tocqueville Asset Management L P accumulated 353,815 shares. Hennessy Advisors Inc holds 0.11% of its portfolio in McDermott International, Inc. (NYSE:MDR) for 481,100 shares. Whittier Trust holds 314 shares. Tru Of Virginia Va stated it has 0.01% of its portfolio in McDermott International, Inc. (NYSE:MDR). Hotchkis And Wiley Capital Mngmt Limited Liability Company accumulated 7.58 million shares. Utd Svcs Automobile Association has invested 0% in McDermott International, Inc. (NYSE:MDR). Swiss Bancorporation owns 474,800 shares or 0% of their US portfolio. Acadian Asset Mgmt Ltd Liability has 0.15% invested in McDermott International, Inc. (NYSE:MDR). Clinton Group Incorporated Incorporated invested 0.01% in McDermott International, Inc. (NYSE:MDR). 173,560 are owned by Thrivent For Lutherans. California State Teachers Retirement invested in 453,624 shares. Arizona State Retirement owns 0.01% invested in McDermott International, Inc. (NYSE:MDR) for 147,300 shares. State Board Of Administration Of Florida Retirement System has invested 0.01% of its portfolio in McDermott International, Inc. (NYSE:MDR). Thompson Davis & Com accumulated 500 shares. Investment Counselors Of Maryland Ltd Liability Corp reported 1.31% of its portfolio in McDermott International, Inc. (NYSE:MDR).

Analysts expect McDermott International, Inc. (NYSE:MDR) to report $-0.01 EPS on February, 20.They anticipate $0.03 EPS change or 150.00 % from last quarter’s $0.02 EPS. After having $0.33 EPS previously, McDermott International, Inc.’s analysts see -103.03 % EPS growth. The stock increased 0.38% or $0.03 during the last trading session, reaching $7.85. About 4.11M shares traded. McDermott International, Inc. (NYSE:MDR) has risen 47.07% since February 19, 2017 and is uptrending. It has outperformed by 30.37% the S&P500.

McDermott International, Inc. (NYSE:MDR) Ratings Coverage

Among 11 analysts covering McDermott International (NYSE:MDR), 4 have Buy rating, 1 Sell and 6 Hold. Therefore 36% are positive. McDermott International had 30 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by Citigroup. Imperial Capital maintained McDermott International, Inc. (NYSE:MDR) on Thursday, September 17 with “Outperform” rating. The stock has “Overweight” rating by KeyBanc Capital Markets on Tuesday, December 20. Scotia Capital upgraded the stock to “Buy” rating in Friday, May 26 report. KeyBanc Capital Markets maintained McDermott International, Inc. (NYSE:MDR) on Wednesday, August 23 with “Hold” rating. The firm has “Sector Outperform” rating given on Thursday, May 25 by Howard Weil. DA Davidson maintained the shares of MDR in report on Monday, March 14 with “Neutral” rating. The stock of McDermott International, Inc. (NYSE:MDR) has “Hold” rating given on Friday, November 10 by KeyBanc Capital Markets. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 24. UBS maintained the shares of MDR in report on Friday, November 3 with “Neutral” rating.

McDermott International, Inc. provides engineering, procurement, construction and installation, front-end engineering and design, and module fabrication services for upstream field developments worldwide. The company has market cap of $2.23 billion. It operates through three divisions: the Americas, Europe and Africa; the Middle East; and Asia. It has a 14.56 P/E ratio. The firm delivers fixed and floating production facilities, pipeline installations, and subsea systems from concept to commissioning for offshore and subsea gas and oil projects.

More news for McDermott International, Inc. (NYSE:MDR) were recently published by: Seekingalpha.com, which released: “McDermott +6% after strong 2017 earnings estimate, 2018 guidance” on January 24, 2018. Seekingalpha.com‘s article titled: “McDermott: Significant Breakout” and published on January 25, 2018 is yet another important article.

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