President and CEO of McDermott International increased his
positions in the company on 6/6/2012. On 6/6/2012, he purchased
102,368 shares of MDR at an average price of $9.64, for a total
cost of $986,828. Previously, he has not made any recent trades
in the company.
McDermott International is one of the worldwide energy services
companies. Mcdermott Intl has a market cap of $2.26 billion; its
shares were traded at around $10.84 with a P/E ratio of 16.3 and
P/S ratio of 0.7.
Ken Fisher
owns 4,005,800 shares as of 03/31/2012, an increase of 73.83%
from the previous quarter. This position accounts for 0.14% of
the $37.47 billion portfolio of Fisher Asset Management, LLC.
John Keeley
owns 2,969,054 shares as of 03/31/2012, an increase of 17.93%
from the previous quarter. This position accounts for 0.77% of
the $4.94 billion portfolio of Keeley Fund Management.
Ronald Muhlenkamp
sold out his holdings in the quarter that ended on 03/31/2012.
Other insiders have also been recently increasing their positions
in the company. SrVP, Gen.Counsel & Corp. Sec.
Liane K Hinrichs
bought 15,000 shares of MDR stock on 06/06/2012 at the average
price of 9.6. Liane K Hinrichs owns at least 138,262 shares after
this. The price of the stock has increased by 12.92% since.
Additionally, directors Bradley Mcwilliams and John Bookout have
also increased their positions in the company.
McDermott International has a fair value predicted to be $8.70.
However, the company has a predictability rating of 1 star, and
is also on watch, which means that results may not very accurate.
According to GuruFocus' DCF calculator, MDR has a margin of
safety of -20%.
MDR has an annual revenue growth average of 7.45 for the past 10
years, and -10.6% for the past 5 years. Earnings per share have
been positive for 8 out the past 10 years historically, although
they have been steadily decreasing since 2007. The company bought
back $10 million worth of shares in 2011, but previously has been
issuing new shares consistently since 2005. The company holds
$702 million in cash and has $85 million worth of long term
liabilities. Total liabilities are $1.26 billion.About GuruFocus:
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