The shares of McDermott International, Inc. (NYSE:MDR) has been pegged with a rating of Sector Weight by KeyBanc Capital Mkts in its latest research note that was published on October 31st, 2018. KeyBanc Capital Mkts wasn’t the only research firm that published a report of McDermott International, Inc., with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on April 13th, 2018, to Neutral the MDR stock while also putting a $8 price target. The stock had earned Overweight rating from KeyBanc Capital Mkts when it published its report on January 24th, 2018. The stock was given Sector Weight rating by KeyBanc Capital Mkts in its report released on July 20th, 2017. Scotia Howard Weil was of a view that MDR is Sector Outperform in its latest report on May 25th, 2017. KeyBanc Capital Mkts thinks that MDR is worth Overweight rating. This was contained in the firm’s report on December 20th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $10.79. The price of the stock the last time has raised by 25.25% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 43.16.
The shares of the company added by 6.70% during the trading session on Wednesday, reaching a low of $7.03 while ending the day at $7.64. During the trading session, a total of 4.43 million shares were traded which represents a 16.07% incline from the average session volume which is 5.28M shares. MDR had ended its last session trading at 7.16. McDermott International, Inc. currently has a market cap of $1.38B while its P/E earnings growth sits at 0.17, with a beta of 2.73. McDermott International, Inc. debt-to-equity ratio currently stands at 5.30, while its quick ratio hovers at 0.70. MDR 52-week low price stands at $6.10 while its 52-week high price is $23.36.
The company in its last quarterly report recorded $0.02 earnings per share which is below the $0.13 predicted by most analysts. The McDermott International, Inc. generated $2,211.00 million in revenue during the last quarter, which is slightly higher than the $2,153.58 million predicted by analysts. In the second quarter last year, the firm recorded -$1.55 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 7850%. McDermott International, Inc. has the potential to record -15.47 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Nomura published a research note on March 27th, 2019 where it informed investors and clients that AGNC Investment Corp. (NASDAQ:AGNC) is now rated as Neutral. Citigroup also rated AGNC as Reiterated on April 13th, 2018, with its price target of $8 suggesting that AGNC could surge by 2.51% from its current share price. Even though the stock has been trading at $17.53/share, analysts expect it to surge higher by -0.23% to reach $17.94/share. It started the day trading at $17.60 and traded between $17.46 and $17.49 throughout the trading session.
A look at its technical shows that AGNC’s 50-day SMA is 17.91 while its 200-day SMA stands at 18.11. The stock has a high of $19.72 for the year while the low is $16.96. The company’s P/E ratio currently sits at 1345.38, while the P/B ratio is 0.96. At the moment, only of AGNC Investment Corp. shares were sold short. The company’s average trading volume currently stands at 4.91M shares, which means that the short-interest ratio is just 3.61 days. Over the past seven days, the company moved, with its shift of 0.06%. Looking further, the stock has dropped -1.35% over the past 90 days while it lost -3.26% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more AGNC shares, increasing its portfolio by +18.59% during the last quarter. This move now sees The Vanguard Group Inc purchasing 7,573,978 shares in the last quarter, thus it now holds 48,326,801 shares of AGNC, with a total valuation of $859,733,790. BlackRock Fund Advisors meanwhile bought more AGNC shares in the recently filed quarter, changing its stake to $814,712,601 worth of shares. Michigan Department of Treasury followed the path by increasing its AGNC portfolio by +1.96% in the quarter. This means that Michigan Department of Treasury bought 466,185 shares in the last quarter and now controls 24,282,030 shares of the AGNC stock, with the valuation hitting $431,977,314.
Similarly, SSgA Funds Management Inc increased its AGNC Investment Corp. shares by +23.70% during the recently filed quarter. After buying 3,536,419 shares in the last quarter, the firm now controls 18,458,058 shares of AGNC Investment Corp. which are valued at $328,368,852. In the same vein, Fidelity Management Research Co increased its AGNC Investment Corp. shares by during the most recent reported quarter. The firm bought 1,813,083 shares during the quarter which increased its stakes to 12,221,630 shares and is now valued at $217,422,798. Following these latest developments, around 0.50% of AGNC Investment Corp. stocks are owned by institutional investors and hedge funds.