Impact of Brokerage Rating on Atwood Oceanics, Inc.(ATW)

Many Atwood Oceanics, Inc.(ATW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Atwood Oceanics was Upgraded by Citigroup to Neutral on Jan 11, 2017. Company shares were Downgraded by RBC Capital Mkts on Dec 16, 2016 to Underperform, Raises Price Target to $ 15 from a previous price target of $10 .Atwood Oceanics was Downgraded by Citigroup to Sell on Nov 17, 2016.

Company has reported several Insider transactions to the SEC, on Feb 5, 2016, Robert J. Saltiel (CEO) purchased 10,000 shares at 7.31 per share price.On Jan 12, 2015, Barry Michael Smith (Sr. VP – Technical Services) sold 818 shares at 26.53 per share price.On Jan 12, 2015, Mark W. Smith (VP, CAO & Controller) sold 568 shares at 26.53 per share price.

Atwood Oceanics Last issued its quarterly earnings results on Feb 3, 2017. The company reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.19. The company had revenue of $157.56 million for the quarter, compared to analysts expectations of $156.61 million. The companys revenue was down -48.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.60 EPS.

Atwood Oceanics, Inc. (NYSE:ATW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3.53 by 15 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold. 5 Analysts have rated it as strong sell.

Atwood Oceanics, Inc. (NYSE:ATW) stock has received a short term price target of $ 11 from 12 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.97. The higher estimate of target price is $18 , while the lower price target estimate is $7

Atwood Oceanics, Inc. (NYSE:ATW) rose 1.86% or 0.2 points on Tuesday and made its way into the gainers of the day. After trading began at $10.84 the stock was seen hitting $11 as a peak level and $10.64 as the lowest level. The stock ended up at $10.98. The daily volume was measured at 2,504,059 shares. The 52-week high of the share price is $15.37 and the 52-week low is $5.6. The company has a market cap of $884 million.

Atwood Oceanics, Inc., its international operating subsidiary, Atwood Oceanics Pacific Limited and related subsidiaries are engaged in the business of international offshore drilling and completion of exploratory and developmental oil and gas wells as well as related support, management, and consulting services. Enhancing shareholder value through safe, quality operations is at the core of all of the Atwood Groups activities.


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