Atwood Oceanics (NYSE:ATW) shares traded 2.97% up during most recent session to reach at the closing price of $6.59. The stock exchanged hands 5.16 Million shares versus average trading capacity of 6.17 Million shares, yielding a market cap of $511.65 Million. Wall Street analysts covering the stock are projecting that the stock will reach $9.01 within the next 52-weeks. The mean target projections are based on 17 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Atwood Oceanics (NYSE:ATW) high price target of $15 and with a conservative view have low price target of $5.5.
Barclays “Maintained” Atwood Oceanics (NYSE:ATW) in a research note issued to investors on 8/11/17 to Underweight with price target of $8.
Additionally on 6/19/17 PiperJaffray “Downgrades” Atwood Oceanics (NYSE:ATW) to Neutral setting price target at $0 and on 5/23/17 Goldman Sachs “Upgrades” the stock to Neutral at $0. Furthermore on 4/28/17 Fearnleys “Upgrades” the stock to Buy at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 41.7 along with Average True Range (ATR 14) of 0.46, Consequently Atwood Oceanics (NYSE:ATW)’s weekly and monthly volatility is 6.11%, 7.04% respectively. The company’s beta value is at 2.47.
In terms of Buy, Sell or Hold recommendations, Atwood Oceanics (NYSE:ATW) has analysts’ mean recommendation of 3. 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 $-0.57 and can go high up to $-0.14. The consensus mean EPS for the current quarter is at $-0.33 derived from a total of 12 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.63 earnings per share for the same quarter during last year.
Previously Atwood Oceanics (NYSE:ATW) reported $-0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.07 by $0.02. The company posted an earnings surprise of 28.6%.
While considering growth estimates of the company, it has next quarter growth estimates of -466.7% whereas during current quarter it has -152.4% estimations over growth, comparing to the estimations of -111.2% during current year and -392.5% for next year. Past 5 years growth of Atwood Oceanics (NYSE:ATW) observed at -15.34%, 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 $101.78 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $111 Million in contradiction of low revenue estimates of $92.7 Million. For the current year the company’s revenue estimates are $496.98 Million compared to low analyst estimates of $487.1 Million and high estimates of $520 Million according to 6 number of analysts.
Currently Atwood Oceanics (NYSE:ATW)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.95%.
Atwood Oceanics (NYSE:ATW) 52-week high price stands at $15.37 and low price stands at $5.91, its price distance from 52-week high is -57.12% while its distance from 52-week low price is 11.51%. The stock hit its 52-week high on 12/12/16, and 52-week low on 08/18/17.
Atwood Oceanics (NYSE:ATW)’s trailing twelve month revenues are $631.2 Million, whereas its price to sales ratio for the same period is 0.81. Its book value per share for the most recent quarter is $42.21 while its price to book ratio for the same period is 0.16, as for as the company’s cash per share for the most recent quarter is $6.11, however its price to cash per share ratio for the same period is 1.08. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.