McDermott International (NYSE:MDR) is scheduled to release its earnings data before the market opens on Monday, February 19th. Analysts expect McDermott International to post earnings of $0.01 per share for the quarter.
McDermott International (NYSE:MDR) opened at $7.42 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market cap of $2,110.00, a price-to-earnings ratio of 14.00 and a beta of 1.58. McDermott International has a fifty-two week low of $5.56 and a fifty-two week high of $9.07.
A number of research firms have issued reports on MDR. Scotiabank reaffirmed a “buy” rating and set a $9.00 price objective on shares of McDermott International in a report on Wednesday, November 1st. Citigroup lifted their price objective on shares of McDermott International from $8.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, January 25th. Zacks Investment Research raised shares of McDermott International from a “sell” rating to a “hold” rating in a report on Monday, January 15th. ValuEngine raised shares of McDermott International from a “buy” rating to a “strong-buy” rating in a report on Monday, November 6th. Finally, Deutsche Bank cut their price objective on shares of McDermott International from $6.50 to $5.25 and set a “hold” rating on the stock in a report on Tuesday, October 24th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $7.93.
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McDermott International, Inc is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. 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.
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