McDermott International, Inc. (MDR) Analysts See $0.29 EPS

October 14, 2018 - By whatsonthorold

McDermott International, Inc. (NYSE:MDR) LogoInvestors sentiment decreased to 0.01 in 2018 Q2. Its down 1.28, from 1.29 in 2018Q1. It dived, as 221 investors sold McDermott International, Inc. shares while 4 reduced holdings. 2 funds opened positions while 1 raised stakes. 6.26 million shares or 97.74% less from 277.17 million shares in 2018Q1 were reported.
Cohen Klingenstein Lc owns 13,184 shares or 0.04% of their US portfolio. Renaissance Technologies accumulated 6.19M shares. Gemmer Asset Mngmt Lc accumulated 285 shares. Numerixs Inv Techs Inc holds 8,200 shares. Mcdaniel Terry & stated it has 23,863 shares. Hanson Doremus Inv Mngmt holds 6,831 shares or 0.04% of its portfolio. Whittier Trust holds 0% or 400 shares in its portfolio.

Since July 16, 2018, it had 0 insider purchases, and 1 sale for $40,208 activity.

Analysts expect McDermott International, Inc. (NYSE:MDR) to report $0.29 EPS on November, 7.They anticipate $0.70 EPS change or 70.71 % from last quarter’s $0.99 EPS. MDR’s profit would be $52.37M giving it 13.63 P/E if the $0.29 EPS is correct. After having $0.29 EPS previously, McDermott International, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 2.89% or $0.47 during the last trading session, reaching $15.81. About 3.95M shares traded or 101.70% up from the average. McDermott International, Inc. (NYSE:MDR) has declined 6.37% since October 14, 2017 and is downtrending. It has underperformed by 21.99% the S&P500.

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

Among 3 analysts covering McDermott International (NYSE:MDR), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. McDermott International had 4 analyst reports since May 24, 2018 according to SRatingsIntel. The firm has “Neutral” rating by Credit Suisse given on Monday, August 13. The firm earned “Neutral” rating on Monday, July 23 by Citigroup. The firm earned “Overweight” rating on Monday, July 23 by KeyBanc Capital Markets. The firm earned “Neutral” rating on Thursday, May 24 by Credit Suisse.

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 $2.86 billion. It operates through three divisions: the Americas, Europe and Africa; the Middle East; and Asia. It has a 8.42 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 important recent McDermott International, Inc. (NYSE:MDR) news were published by: which released: “Total, partners OK construction of $1B Texas plastics expansion” on September 25, 2018, also published article titled: “McDermott (MDR) Secures PDH (propane dehydrogenation) Technology Contract in Europe by INEOS”, published: “Report: Developing Opportunities within McDermott International, Owens & Minor, MicroStrategy, Terex, Entravision …” on October 12, 2018. More interesting news about McDermott International, Inc. (NYSE:MDR) was released by: and their article: “McDermott to begin work on $1B natural gas power plant near Houston” with publication date: September 26, 2018.

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

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