Analysts Hot Watch List: Atwood Oceanics, Inc. (NYSE:ATW), McDermott International, Inc. (NYSE:MDR)

Atwood Oceanics, Inc. (NYSE:ATW) closed at $9.62 with shows upbeat performance surges of 3.66% in last trading session.

Looking over the ATW ranking chart, the ATW got 4 analysts recommendation as a Buy security in previous month pool in contrast with “4” Analysts gave buy ratings at this month. The call for hold was given by “18” Analysts while call for sale was recommended by “4” Analysts, courtesy to WSJ.

Struggling to find a way in profitable zone, the current EPS estimate trend for the next quarter was $-0.28 while three months ago that trend was for $-0.31. This contrasts with current quarter estimates trend of $-0.07 while for one month was for $-0.15. This fiscal year current estimate trend was for $-0.45 as compared to next year fiscal current estimate trends of $-2.64.

The firm has annual sales growth for the past five year of 9.60%. While past twelve months price to sales ratio recorded as 1.05 and price to cash ratio remained 1.80.

McDermott International, Inc. (NYSE:MDR) shows fluctuation in active trade, on Monday shares surged 4.59% to $6.61.

To assess the movement of stock we should look over what analysts have to say about the stock current performance. For the Q4 this year, the consensus current earnings per share trend estimates were for $0.14 while for one month ago estimates were $0.14. On annual basis, the FY2017 Estimate trend at current month was $0.42 as compared to three months ago estimates was standing at $0.42, according to WSJ analytic reports.

If we glance over stock price target, the analysts were fairly in stock’s favor assigning high price target of $11.50 and low range of price target has $7. Finally comes the ratings part in which the MDR was evaluated by WSJ analysts, “8” Analysts are standing on Buy ratings for current month. The “4” Analysts gave Hold ratings in recent rating. To sum up all these views, MDR has average price target of $8.99 while its current price is standing at $6.61.

The 52-week high of the share price is -20.65% and 52-week low of the share price is 53.01%. Current stock price is in the upbeat territory taking into account of 20 days moving average with 4.22% and continued bullish run for 50 days moving average with 1.99%.

Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 2.00 as compared to its debt to equity ratio stands at 0.49. To take look on ration of tradable shares being shorted in market, float short ration was 2.73%, as compared to sentiment indicator; Short Ratio was 2.84. Taking notice in average true range, it was 0.23.

Will Lawson

Will Lawson is a financial journalist, and has been the lead writer and editor for Seneca Globe News Media since January 2014. Email: will.lawson@senecaglobe.com

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