News coverage about Atwood Oceanics (NYSE:ATW) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Atwood Oceanics earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the offshore driller an impact score of 46.6589649553954 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
ATW has been the topic of a number of research analyst reports. ValuEngine upgraded shares of Atwood Oceanics from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Zacks Investment Research downgraded shares of Atwood Oceanics from a “hold” rating to a “sell” rating in a research note on Friday, October 6th. Jefferies Group set a $10.00 price target on shares of Atwood Oceanics and gave the company a “hold” rating in a research note on Thursday, October 5th. Finally, Piper Jaffray Companies restated a “hold” rating and issued a $9.00 price target on shares of Atwood Oceanics in a research note on Tuesday, September 19th. Five equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $10.86.
Shares of Atwood Oceanics (NYSE:ATW) opened at $9.32 on Friday. The company has a current ratio of 8.80, a quick ratio of 7.45 and a debt-to-equity ratio of 0.38. Atwood Oceanics has a 1 year low of $5.91 and a 1 year high of $15.37. The company has a market cap of $750.73 and a P/E ratio of -44.38.
Atwood Oceanics, Inc is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey.
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