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.
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.
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.
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:
GuruFocus.com tracks the stocks picks and portfolio holdings of
the world's best investors. This value investing site offers
stock screeners and valuation tools. And publishes daily articles
tracking the latest moves of the world's best investors.
GuruFocus also provides promising stock ideas in 3 monthly
newsletters sent to