Share on StockTwits

Cal Dive International (NYSE:DVR) was downgraded by stock analysts at Iberia Capital from an “outperform” rating to a “sector perform” rating in a report issued on Tuesday.

Shares of Cal Dive International (NYSE:DVR) opened at 0.865 on Tuesday. Cal Dive International has a 1-year low of $0.68 and a 1-year high of $2.22. The stock’s 50-day moving average is $1.22 and its 200-day moving average is $1.50. The company’s market cap is $85.4 million.

Cal Dive International (NYSE:DVR) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.21) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.16. The company had revenue of $121.70 million for the quarter, compared to the consensus estimate of $127.10 million. During the same quarter last year, the company posted ($0.02) earnings per share. Cal Dive International’s revenue was up .6% compared to the same quarter last year. Analysts expect that Cal Dive International will post $-0.21 EPS for the current fiscal year.

Cal Dive International, Inc (NYSE:DVR) is a marine contractor that provides manned diving, pipelay and pipe burial, platform installation and platform salvage services to a diverse customer base in the offshore oil and natural gas industry.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.