Atwood Oceanics, Inc. (NYSE:ATW) registered a -7.87% decrease, still its new closing price is 152.70% up from the company’s 1 year high of 15.37.It posted -10.64% losses in previous 5 sessions and is now the subject of 17 analysts who together assign a hold rating on stock. 8 of Wall Street analysts have an underperform rating; the 4 sells versus 0 buy or better ratings. The 30 stock analysts following this company have an average price target at $10.56, with individual PT in the $5.00-$18.00 range. The shares moved at $12.18, implying that brokerage firms see shares gaining about 98.69% in twelve months time.
Atwood Oceanics, Inc. (ATW) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -7.24% fall year to date. A President & CEO at Atwood Oceanics, Inc. (ATW) acquired shares in a transaction closed on Friday February 05, 2016. Saltiel Robert J. bought 10,000 shares in the company at $7.31 each and collected $73,000 in proceeds. Saltiel Robert J. now owns 168,684 shares in the company after this transaction. A President & CEO in the company, Saltiel Robert J., disclosed a transaction on Friday September 04, 2015 that ended up paying $84,000 from the purchase of 5,000 shares at $16.86 per share.
Atwood Oceanics, Inc. (NYSE:ATW) Upcoming Results on Tap
Atwood Oceanics, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.57 in that period. Sales during the quarter are predicted to arrive at $94.05 million.
Earnings surprise history: Last quarter, the company posted approximately $188.68 million in revenue and EPS of $0.63. The mean forecast was for $193.75 million and $0.59 a share, respectively. One quarter earlier, revenue for the stock was at $227.8 million, with earnings at $0.99/share.
Atwood Oceanics, Inc. (ATW) Brokerage Update
Atwood Oceanics, Inc. (ATW) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Sell by Citigroup, according to news reported on Wednesday January 11, 2017.Another important research note was issued by RBC Capital Mkts on Friday December 16, 2016.The firm downgraded ATW to Underperform from Sector Perform. Over the last six months and over the last three months, the shares of Atwood Oceanics, Inc. (ATW), have changed 14.04% and 41.96%, respectively.