Atwood Oceanics (ATW) vs. The Competition Critical Comparison
Atwood Oceanics (NYSE: ATW) is one of 18 public companies in the “Oil & Gas Drilling” industry, but how does it compare to its rivals? We will compare Atwood Oceanics to related companies based on the strength of its profitability, analyst recommendations, institutional ownership, valuation, risk, dividends and earnings.
Risk and Volatility
Atwood Oceanics has a beta of 2.47, indicating that its stock price is 147% more volatile than the S&P 500. Comparatively, Atwood Oceanics’ rivals have a beta of 1.89, indicating that their average stock price is 89% more volatile than the S&P 500.
This table compares Atwood Oceanics and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Atwood Oceanics Competitors||-17.63%||-8.45%||-2.64%|
Insider & Institutional Ownership
92.0% of Atwood Oceanics shares are held by institutional investors. Comparatively, 74.9% of shares of all “Oil & Gas Drilling” companies are held by institutional investors. 1.2% of Atwood Oceanics shares are held by insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Atwood Oceanics and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Atwood Oceanics||$605.28 million||$296.89 million||-46.60|
|Atwood Oceanics Competitors||$1.42 billion||$540.19 million||-6.89|
Atwood Oceanics’ rivals have higher revenue and earnings than Atwood Oceanics. Atwood Oceanics is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of current recommendations for Atwood Oceanics and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Atwood Oceanics Competitors||493||1522||1237||57||2.26|
Atwood Oceanics currently has a consensus target price of $11.64, indicating a potential upside of 24.90%. As a group, “Oil & Gas Drilling” companies have a potential upside of 23.77%. Given Atwood Oceanics’ higher probable upside, analysts clearly believe Atwood Oceanics is more favorable than its rivals.
Atwood Oceanics Company Profile
Atwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.
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