Short Term Outlook For McDermott International Inc. (NYSE:MDR)


McDermott International Inc. (NYSE:MDR) closed its last session at $7.7. The stock traded within a range of $7.52 and $7.80. The company operates in the Energy sector with a market capitalization of 2.17 Million. Trading volume for McDermott International Inc. was 7.47 Million in its previous trading session. Currently, McDermott International Inc. (NYSE:MDR) has an average volume of 4.06 Million.

Company Profile

McDermott International, Inc. is a leading provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments worldwide. McDermott delivers fixed and floating production facilities, pipelines, installations and subsea systems from concept to commissioning for complex Offshore and Subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Their customers include national and major energy companies.

Analyst Views

McDermott International Inc. (NYSE:MDR) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

McDermott International Inc. (NYSE:MDR) touched its 1-Year High price of $8.33 on 01/25/17 and its 1-Year Low price of $5.56 on 08/21/17.

EPS & Financials

McDermott International Inc. (NYSE:MDR) reported its EPS in the last quarter as $0.33/Share beating the analyst estimate of $0.2/Share by a difference of $0.13. This showed a surprise of 65% in the last quarter earnings.

For the current quarter, 11 analysts are projecting a mean EPS of $0.01/share. According to their observations and findings, the stock could provide a high EPS of $0.11/share and a low EPS of $-0.02/share.

Analysts believe that the company has the potential to earn average revenue of $735.7 Million for the current quarter. According to their predictions high & low revenue estimates are 770 Million and 709 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. McDermott International Inc. (NYSE:MDR) has a 20-Day average volume of 8.06 Million. According to today’s trading volume McDermott International Inc. is BELOW its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.1 Percent and Institutional ownership of 89.5 Percent. The return on assets stands at 4.6%, Return on Equity currently is 9.4% and the Return on Investment value is 4.3%.

McDermott International Inc. (NYSE:MDR) gross margin percentage stands at 16.3% while its operating margin for the past trailing twelve month is 9.5 percent and its overall profit margin (ttm) is 5.2 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 8.7% with a 50-Day Simple Moving Average of 7.16 percent. As of today, the company has a SMA200 (200-day simple moving average) of 13.78 Percent. The Stock has YTD (year to date) performance of 17.02 percent.

The TTM operating margin for the company stands at 9.5%. The return on invested capital is at 4.3%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 35.97.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 13.78%, and has a solid year to date (YTD) performance of 17.02% which means that the stock is constantly adding to its value from the previous fiscal year end price.