Subsea 7 SA (OTCMKTS:SUBCY) Given Consensus Rating of “Moderate Buy” by Analysts

Subsea 7 SA (OTCMKTS:SUBCY) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have issued reports on SUBCY shares. Rothschild & Co Redburn upgraded shares of Subsea 7 from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Zacks Research cut shares of Subsea 7 from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 14th. UBS Group upgraded Subsea 7 from an “overweight” rating to a “buy” rating in a report on Thursday. Finally, Barclays lowered Subsea 7 from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th.

Subsea 7 Stock Performance

OTCMKTS:SUBCY opened at $34.38 on Friday. The stock has a market cap of $10.16 billion, a P/E ratio of 20.71 and a beta of 1.08. The company has a current ratio of 1.11, a quick ratio of 1.09 and a debt-to-equity ratio of 0.09. The stock’s 50-day moving average is $34.53 and its 200-day moving average is $30.44. Subsea 7 has a 1-year low of $17.79 and a 1-year high of $37.66.

Subsea 7 (OTCMKTS:SUBCY) last released its quarterly earnings data on Thursday, April 30th. The energy company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). Subsea 7 had a net margin of 6.67% and a return on equity of 11.38%. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.62 billion. Equities research analysts anticipate that Subsea 7 will post 2.32 earnings per share for the current year.

About Subsea 7

Subsea 7 SA is a global engineering, construction and services contractor serving the offshore energy industry. The company specializes in complex subsea infrastructure projects, offering pipeline and riser installation, umbilical and flowline deployment, and subsea tie-ins. Its fleet of specialized vessels, diving systems and remotely operated vehicles (ROVs) supports installation, inspection, maintenance and repair activities across the life cycle of offshore oil, gas and renewable energy fields.

With roots tracing back to the merger of Subsea 7 Inc and Acergy SA in 2011, Subsea 7 has built a broad international footprint.