Atwood Oceanics, Inc. (NYSE:ATW) will be releasing its earnings data after the market closes on Tuesday, February 2nd. Analysts expect Atwood Oceanics to post earnings of $1.13 per share for the quarter.

Atwood Oceanics (NYSE:ATW) last posted its quarterly earnings results on Monday, November 9th. The company reported $2.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.93 by $0.39. The firm had revenue of $363.18 million for the quarter, compared to analysts’ expectations of $346.23 million. During the same quarter in the previous year, the firm posted $1.72 EPS. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, analysts expect Atwood Oceanics to post $3.85 EPS for the current fiscal year and $-0.30 EPS for the next fiscal year.

Shares of Atwood Oceanics, Inc. (NYSE:ATW) opened at 6.13 on Monday. The stock has a market cap of $396.33 million and a P/E ratio of 0.92. The firm’s 50-day moving average price is $8.92 and its 200 day moving average price is $15.57. Atwood Oceanics, Inc. has a 1-year low of $5.33 and a 1-year high of $35.66.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 13th. Stockholders of record on Wednesday, January 6th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Monday, January 4th. This represents a $0.30 annualized dividend and a dividend yield of 4.89%.

Several research firms have recently commented on ATW. Vetr lowered Atwood Oceanics from a “buy” rating to a “hold” rating and set a $18.20 price target for the company. in a research report on Thursday, October 15th. Susquehanna lowered their price target on Atwood Oceanics from $10.00 to $8.00 in a research report on Thursday, January 14th. Evercore ISI lowered Atwood Oceanics to a “hold” rating in a report on Sunday, December 27th. KLR Group decreased their target price on Atwood Oceanics from $12.50 to $10.00 and set a “hold” rating for the company in a report on Tuesday, January 5th. Finally, Wood & Company lowered Atwood Oceanics from a “neutral” rating to a “reduce” rating in a report on Wednesday, January 13th. Three research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $17.69.

Atwood Oceanics, Inc. is a global offshore drilling contractor engaged in the drilling and completion of exploratory and developmental oil and gas wells. The Company has a fleet of approximately 13 mobile offshore drilling units located around the world. The Company’s fleet includes Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its segment Offshore Contract Drilling Services consists of mobile offshore drilling units and related equipment comprising its offshore rig fleet. Its segment conducts offshore contract drilling operations located in the United States, Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia and offshore Australia. The Company’s projects are Atwood Advantage, Atwood Achiever, Atwood Admiral and Atwood Archer. The Atwood Advantage, Atwood Achiever, Atwood Admiral and Atwood Archer are DP-3 dynamically-positioned, dual derrick, ultra-deepwater drillships rated to operate in water depths approximately up to 12,000 feet.

12 Month Chart for NYSE:ATW

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