Atwood Oceanics, Inc. (NYSE:ATW) jumped 3.27 percent and ended the day at $10.73. The Average Volume of the company is 4.54 Million and P/E (price to earnings) ratio is 2.95, while Forward P/E ratio is 0.
Citigroup Upgrade its coverage for Atwood Oceanics, Inc. (NYSE:ATW) in a note sent to investors on 11-Jan-17. The research firm Upgrade the stock to Neutral. Moreover, RBC Capital Mkts issued Downgrade rating for the stock on 16-Dec-16. Citigroup also Downgrade the company to Sell on 17-Nov-16, 2016. Additionally, Iberia Downgrade its ratings on the stock to Sector Perform.
The highest price ATW stock touched in the last 12 month was $15.37 and the lowest price it hit in the same period was $6.12. The stock has a Return on Assets of 5 percent, Return on Investment of 7.1 percent and a Return on Equity of 7.4 percent. The company’s market cap is $863.44 Million.
Atwood Oceanics, Inc. (NYSE:ATW)’s growth estimate is -114.6 percent for the current quarter. The growth estimate for the next quarter is -119.2 percent. The company’s stock has fell -6.19 percent in the past five year. The company is expected to grow by -62.2 percent over the next five years.
Price Target is an important factor while doing analysis of a stock. According to 24 analysts, Price Target for Atwood Oceanics, Inc. (NYSE:ATW) may hit a high of $18. The average and low price target for the stock are $10.53 and $6.5, respectively.
Now we look at the Moving Averages, the 200-day is 2.4, the 50-day is -14.62 and the 20-day is -3.54. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $-0.77 per share for the current quarter. Revenue is expected in between 166 Million and 105 Million with an average of 125.9 Million.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 6.2. Out of 31 brokerage recommendations, 0 gave a Strong Buy, 2 issued a Buy, 17 issued Hold, 10 rated Under-perform and 2 issued a Sell.
Atwood Oceanics, Inc. (NYSE:ATW) performance during the last one year Improved 65.84 percent, while its year to date (YTD) performance showed a Negative trend of -18.28 percent. The stock Jumped 33.62 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 23.9 percent, whereas its last one month trend is Pessimistic with -21.45 percent. Its weekly performance showed upward trend of 7.3 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 27.1 percent, operating profit margin was 39.7 percent, whereas gross profit margin stands at 60.9 percent. Beta factor was calculated at 2.22.
Atwood Oceanics, Inc. (NYSE:ATW) has 84.19 Million shares outstanding and 75.88 Million shares were floated in market. The short ratio in the company’s stock is documented at 4.57 and the short float is around of 27.35%. The stock’s average true range of stands at 0.61, while the relative strength index is 42.91.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 5.1, current ratio was 7.1, LT Debt/Equity ratio was 0.4 and Total Debt/Equity ratio was 0.4.