Media headlines about McDermott International (NYSE:MDR) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. McDermott International earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 46.6662126315945 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- McDermott International, Inc. (MDR) expected to achieve 671.50% earnings growth for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
- McDermott to Present at the Scotia Howard Weil 2018 Energy Conference in New Orleans – GlobeNewswire (press release) (globenewswire.com)
- McDermott International (MDR) Downgraded by ValuEngine to Buy (americanbankingnews.com)
- McDermott International, Inc. (MDR) price movement is trend is positive and stock is healthy on basis of 200 day … – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
Shares of McDermott International stock opened at $7.31 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.03 and a current ratio of 2.03. The stock has a market capitalization of $2,076.27, a PE ratio of 11.60 and a beta of 1.68. McDermott International has a twelve month low of $5.56 and a twelve month high of $9.07.
Several research firms recently weighed in on MDR. Alembic Global Advisors set a $11.00 price objective on shares of McDermott International and gave the stock a “buy” rating in a report on Thursday, February 22nd. Deutsche Bank reduced their price objective on shares of McDermott International from $9.30 to $8.30 and set a “hold” rating for the company in a report on Thursday, February 22nd. ValuEngine upgraded shares of McDermott International from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, March 14th. Zacks Investment Research cut shares of McDermott International from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Finally, Morgan Stanley reiterated a “sell” rating on shares of McDermott International in a research report on Wednesday, December 20th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $9.01.
TRADEMARK VIOLATION NOTICE: “McDermott International (MDR) Earning Somewhat Favorable Media Coverage, Analysis Finds” was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://baseballnewssource.com/2018/03/19/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-mcdermott-international-mdr-share-price/2015785.html.
About McDermott International
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.
Receive News & Ratings for McDermott International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McDermott International and related companies with MarketBeat.com's FREE daily email newsletter.