Atwood Oceanics' (ATW) Underweight Rating Reiterated at Barclays PLC

Danny Woods
July 6, 2017

Atwood Oceanics (NYSE:ATW)'s trailing twelve month revenues are $741.7 Million, whereas its price to sales ratio for the same period is 0.97. The SI to Atwood Oceanics Incorporated's float is 30.13%. Throughout the recent session, the prices were hovering between $8.15 and $8.69.

For the past 5 years, Atwood Oceanics, Inc.'s EPS growth has been almost -0.3%. (ATW) were valued at $8.54 and moved 4.79% as of a recent closing trade. It has underperformed by 37.75% the S&P500. According to Thomson Reuters, sell-side analysts are predicting a consensus target price of $55.00 on company stock. CNOOC Ltd (ADR) (CEO) has $49.71B valuation. The stock price increased 4.79% or $-0.39 versus $8.15 at the end of the prior session. About 637,089 shares traded.

Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.20, from 1.2 in 2016Q3.

05/31/2017 - Atwood Oceanics, Inc. was upgraded to " by analysts at Raymond James. Finally, Louisiana State Employees Retirement System increased its stake in Atwood Oceanics by 26.0% in the first quarter. The Return on Investment (ROI) ratio of Atwood Oceanics, Inc. (NYSE:ATW). Jane Street Group Inc Limited reported 64,215 shares. Hutchin Hill Cap Ltd Partnership holds 0.18% or 391,400 shares. Its mean Altman Z-Score: 1.55 during the last 7 years, while average Beneish M-Score: -3.71 during the last 7 years. Adirondack Trust Commerce stated it has 0.04% of its portfolio in Mastercard Inc (NYSE:MA). The original version of this article can be accessed at The institutional ownership stake in the corporation is 48.70%. Capstone Asset owns 0.05% invested in Waters Corporation (NYSE:WAT) for 13,553 shares.

05/11/2017 - Atwood Oceanics, Inc. was upgraded to " by analysts at Clarkson Platou. (NYSE:ATW). Vertex One Asset Inc invested in 0.1% or 47,400 shares.

More news: Next Weeks Broker Price Targets For Antares Pharma, Inc. (ATRS)

02/06/2017 - Atwood Oceanics, Inc. had its "hold" rating reiterated by analysts at Evercore ISI. The bigger the return, the more efficient management is in utilizing its asset base.

02/06/2017 - Atwood Oceanics, Inc. had its " rating reiterated by analysts at Evercore ISI. (NYSE:ATW). Blackrock Fund Advisors stated it has 5.12M shares or 0.01% of all its holdings.

02/01/2017 - Atwood Oceanics, Inc. had its "underperform" rating reiterated by analysts at RBC Capital.

Atwood Oceanics Company Profile Atwood Oceanics, Inc is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. (ATW) have 84.27 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Institutional investors own 91.97% of the company's stock. It has a 6.19 P/E ratio. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Therefore 17% are positive. The stock is expected to report revenue as high as $132M and as low as $113.6M per share. (NYSE:ATW) earned "Sell" rating by Goldman Sachs on Friday, March 11. Piper Jaffray had a markedly different take on 19/06/2017, proposing that Atwood Oceanics, now considered Neutral versus prior Overweight rating. Bank of America upgraded the shares of WAT in report on Thursday, September 10 to "Buy" rating. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The stock has a market capitalization of $815.66 million, a PE ratio of 8.19 and a beta of 2.26. The firm has "Underweight" rating by Barclays Capital given on Thursday, August 13. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". Berenberg reinitiated the shares of PUK in report on Tuesday, February 16 with "Buy" rating.

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