Atwood Oceanics (NYSE:ATW) shares traded 0.74% up during most recent session to reach at the closing price of $8.21. The stock exchanged hands 3.16 Million shares versus average trading capacity of 3.25 Million shares, yielding a market cap of $661.06 Million. Wall Street analysts covering the stock are projecting that the stock will reach $10.13 within the next 52-weeks. The mean target projections are based on 23 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Atwood Oceanics (NYSE:ATW) high price target of $18 and with a conservative view have low price target of $6.5.
Fearnleys “Upgrades” Atwood Oceanics (NYSE:ATW) in a research note issued to investors on 4/28/17 to Buy with price target of $0.
Additionally on 2/07/17 Pareto “Upgrades” Atwood Oceanics (NYSE:ATW) to Buy setting price target at $0 and on 1/12/17 Citigroup “Upgrades” the stock to Neutral at $14. Furthermore on 12/16/16 RBC Capital “Downgrades” the stock to Underperform at $15.
On the other hand the company has Relative Strength Index (RSI 14) of 50.12 along with Average True Range (ATR 14) of 0.48, Consequently Atwood Oceanics (NYSE:ATW)’s weekly and monthly volatility is 7.10%, 5.79% respectively. The company’s beta value is at 2.33.
In terms of Buy, Sell or Hold recommendations, Atwood Oceanics (NYSE:ATW) has analysts’ mean recommendation of 3.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Atwood Oceanics (NYSE:ATW)’s minimum EPS for the current quarter is at $-0.34 and can go high up to $0.01. The consensus mean EPS for the current quarter is at $-0.18 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.99 earnings per share for the same quarter during last year.
Previously Atwood Oceanics (NYSE:ATW) reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.24 by $0.61. The company posted an earnings surprise of 254.2%.
While considering growth estimates of the company, it has next quarter growth estimates of -147.6% whereas during current quarter it has -118.2% estimations over growth, comparing to the estimations of -110.6% during current year and -434% for next year. Past 5 years growth of Atwood Oceanics (NYSE:ATW) observed at -6.19%, looking forward for the next 5 years it has a strong prediction of -62.2% over growth.
Atwood Oceanics (NYSE:ATW)’s revenue estimates for the current quarter are $123.19 Million according to 19 number of analysts, for the current quarter the company has high revenue estimates of $135.6 Million in contradiction of low revenue estimates of $106 Million. For the current year the company’s revenue estimates are $528.35 Million compared to low analyst estimates of $482.8 Million and high estimates of $574 Million according to 25 number of analysts.
Currently Atwood Oceanics (NYSE:ATW)’s shares owned by insiders are 0.7%, whereas shares owned by institutional owners are 90.1%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.28%.
Atwood Oceanics (NYSE:ATW) 52-week high price stands at $15.37 and low price stands at $6.12, its price distance from 52-week high is -46.58% while its distance from 52-week low price is 34.15%. The stock hit its 52-week high on 12/12/16, and 52-week low on 09/20/16.
Atwood Oceanics (NYSE:ATW)’s trailing twelve month revenues are $741.7 Million, whereas its price to sales ratio for the same period is 0.93. Its book value per share for the most recent quarter is $43.45 while its price to book ratio for the same period is 0.19, as for as the company’s cash per share for the most recent quarter is $5.19, however its price to cash per share ratio for the same period is 1.58. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 5.95.