Analysts See $-0.37 EPS for Diamond Offshore Drilling, Inc. (DO)

October 2, 2018 - By Ash

Diamond Offshore Drilling, Inc. (NYSE:DO) LogoInvestors sentiment increased to 1.04 in 2018 Q2. Its up 0.20, from 0.84 in 2018Q1. It is positive, as 26 investors sold Diamond Offshore Drilling, Inc. shares while 65 reduced holdings. 37 funds opened positions while 58 raised stakes. 144.53 million shares or 1.15% more from 142.89 million shares in 2018Q1 were reported.
40,300 are owned by Amp Cap Invsts. Motco owns 1,580 shares or 0% of their US portfolio. Robeco Institutional Asset Bv has 0.08% invested in Diamond Offshore Drilling, Inc. (NYSE:DO). Millennium Lc holds 0% of its portfolio in Diamond Offshore Drilling, Inc. (NYSE:DO) for 38,232 shares. Dekabank Deutsche Girozentrale has 2,069 shares for 0% of their portfolio. Fmr Ltd Llc, Massachusetts-based fund reported 5.46M shares. 29,480 are held by Kazazian Asset Mgmt Lc. Quantitative Systematic Strategies Limited Liability reported 0.05% of its portfolio in Diamond Offshore Drilling, Inc. (NYSE:DO). Beech Hill Advsrs holds 0.15% in Diamond Offshore Drilling, Inc. (NYSE:DO) or 13,200 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 3,737 shares in its portfolio. Tocqueville Asset Management L P reported 13,161 shares stake. Daiwa Grp Inc has 0.01% invested in Diamond Offshore Drilling, Inc. (NYSE:DO) for 87,838 shares. North Star Invest Mgmt stated it has 140 shares. The Pennsylvania-based Vanguard Group has invested 0% in Diamond Offshore Drilling, Inc. (NYSE:DO). Citigroup holds 0% or 1,723 shares.

Since May 2, 2018, it had 0 insider buys, and 3 insider sales for $2.19 million activity. $34,409 worth of Diamond Offshore Drilling, Inc. (NYSE:DO) was sold by ROLAND DAVID L on Tuesday, July 31.

Analysts expect Diamond Offshore Drilling, Inc. (NYSE:DO) to report $-0.37 EPS on October, 29.They anticipate $0.62 EPS change or 248.00 % from last quarter’s $0.25 EPS. After having $-0.33 EPS previously, Diamond Offshore Drilling, Inc.’s analysts see 12.12 % EPS growth. The stock increased 0.50% or $0.1 during the last trading session, reaching $20.1. About 1.62M shares traded or 13.73% up from the average. Diamond Offshore Drilling, Inc. (NYSE:DO) has risen 30.34% since October 2, 2017 and is uptrending. It has outperformed by 14.72% the S&P500.

Diamond Offshore Drilling, Inc. (NYSE:DO) Ratings Coverage

Among 10 analysts covering Diamond Offshore Drilling (NYSE:DO), 2 have Buy rating, 5 Sell and 3 Hold. Therefore 20% are positive. Diamond Offshore Drilling had 11 analyst reports since April 13, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Friday, September 21 by HSBC. The firm has “Outperform” rating given on Thursday, September 20 by RBC Capital Markets. On Wednesday, April 18 the stock rating was maintained by Bank of America with “Underperform”. On Thursday, August 9 the stock rating was maintained by Barclays Capital with “Underweight”. Cowen & Co maintained it with “Hold” rating and $1600 target in Friday, April 13 report. The firm has “Hold” rating given on Friday, April 13 by Susquehanna. The firm has “Underperform” rating by Credit Suisse given on Friday, April 13. As per Friday, July 20, the company rating was downgraded by Fearnleys. The stock of Diamond Offshore Drilling, Inc. (NYSE:DO) earned “Underperform” rating by Credit Suisse on Tuesday, July 31. The stock has “Neutral” rating by FBR Capital on Wednesday, August 1.

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company has market cap of $2.76 billion. It provides services in floater market, including ultra-deepwater, deepwater, and mid-water. It currently has negative earnings. The firm operates a fleet of 24 offshore drilling rigs, which comprise 4 drillships, 8 ultra-deepwater, 6 deepwater, 5 mid-water semisubmersibles, and 1 jack-up rig.

More news for Diamond Offshore Drilling, Inc. (NYSE:DO) were recently published by: Seekingalpha.com, which released: “Transocean +4% after RBC upgrade cites improved offshore drilling activity” on September 20, 2018. Seekingalpha.com‘s article titled: “Oil Services Stocks Are Following Crude Oil Futures Higher” and published on September 30, 2018 is yet another important article.

Diamond Offshore Drilling, Inc. (NYSE:DO) Institutional Positions Chart

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