Shares of Subsea 7 SA (OTCMKTS:SUBCY) have been assigned an average rating of “Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.
A number of equities analysts have recently issued reports on SUBCY shares. Zacks Investment Research cut shares of Subsea 7 from a “buy” rating to a “hold” rating in a research report on Saturday, August 17th. ValuEngine raised shares of Subsea 7 from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th.
SUBCY stock opened at $9.96 on Friday. The stock has a market capitalization of $3.18 billion, a PE ratio of 17.79 and a beta of 1.53. The company’s 50-day moving average is $10.18 and its 200-day moving average is $11.36. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 1.18. Subsea 7 has a 1 year low of $8.90 and a 1 year high of $13.97.
Subsea 7 (OTCMKTS:SUBCY) last released its quarterly earnings data on Thursday, July 25th. The energy company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.02). The company had revenue of $957.90 million for the quarter, compared to the consensus estimate of $1.08 billion. Subsea 7 had a return on equity of 2.17% and a net margin of 3.14%. On average, analysts anticipate that Subsea 7 will post 0.19 earnings per share for the current fiscal year.
Subsea 7 Company Profile
Subsea 7 SA delivers offshore projects and services for the evolving energy industry worldwide. It provides subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore.
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