McDermott International Inc. (NYSE:MDR) moved up 0.89% and closed its last trading session at $7.93. This Oils-Energy Sector stock currently has the Market Capitalization of 1.91 Billion. The Average Volume for the stock is measured as 3.21 Million. The Stock has a 52-Week High of $8.33 and 52-Week Low of $2.3 following the dates, it touched its 52-Week High on Jan 25, 2017 and 52-Week Low on Feb 16, 2016. Currently, the Return on Assets value for the trailing twelve months is 0.5% with the Return on Equity and Return on Investment of 1% and 1.7% respectively. This firm currently has YTD (year to date) performance of 7.31 Percent which is awesome. The Short Ratio for the stock is 5.93.
McDermott International Inc. (NYSE:MDR) Price to Earnings (P/E) ratio is 188.81. EPS or Earning per Share stands at $0.04. The TTM operating margin is 5.6 percent.
McDermott International Inc. (NYSE:MDR) reports its Earnings on Tue 21 Feb (In 11 Days). The estimated EPS for the current quarter is said to be $0. Following Earnings result, share price were UP 16 times out of last 29 Qtrs. The stock has added about 50.6% since it reported its last earnings. The Closing price of McDermott International Inc. (NYSE:MDR) at Last Earnings was $5.22 as compared to the previous closing price of $7.86. The Predicted Move on the 7th day after McDermott International Inc. (NYSE:MDR) will release its earnings at about 10%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, McDermott International Inc. (NYSE:MDR) beats earnings by 66%, The Stock Missed Earnings 3 times and has met earnings 1 times.
We will discuss the past Quarters Earnings below:
McDermott International Inc. (NYSE:MDR) reported its previous quarter on 10/25/2016 where it reported the Actual Earnings of $0.09. The Closing price before the company posted its earnings was $5.22. The Stock surged on the very next day of earnings and maintained its stock price at $5.48 by showing a % change of 4.98 percent from its previous closing price. The Next Day Volume after Earnings was reported as 6.61 Million. On the 7th day After Earnings Report, the stock hit its share price as $5.46 by showing 4.6% increase from the Stock price Before Earnings were reported.
On 07/26/2016, the stock reported the EPS of $0.08 where Analysts were projecting the EPS to be $0.02 showing a difference of $0.06. Thus Surprise Factor was there with 300 percent. Before Earnings Announcement on 07/26/2016, the firm had its stock price of $4.99. And immediately on the next day after earnings announcement, the stock inclined 3.01% and closed its trading session at $5.14. On 7th Day after earnings release, McDermott International Inc. (NYSE:MDR) dropped to -2.61% from $4.99 to $4.86.
On 05/05/2016, Analysts were suspecting EPS of $0.01/share where McDermott International Inc. (NYSE:MDR) reported its Actual EPS of $0.13. Thus showing a Surprise of 1200 percent. The Closing Price of the stock before earnings was $4.08 while on the Next day the stock closed its trading session at $4.37 with a percentage change of 7.11% from the price of 4.08 before Earnings. The Stock Closing Price on the 7th day of earnings was $4.59.
McDermott International, Inc. provides engineering, procurement, construction and installation, and module fabrication services for upstream field developments worldwide. It operates through three segments: the Americas, Europe and Africa; the Middle East; and Asia. 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. Its operations include fabrication and offshore installation of fixed and floating structures; and the installation of pipelines and subsea systems, as well as provision of shallow water and deep water construction services. The companys customers include national, integrated, and other oil and gas companies. McDermott International, Inc. was founded in 1923 and is headquartered in Houston, Texas.