Analysts See $0.01 EPS for McDermott International (MDR); Salem Media Group Class A (SALM) Shorts Lowered By 19.17%

April 21, 2017 - By Darrin Black

Salem Media Group Class A (NASDAQ:SALM) had a decrease of 19.17% in short interest. SALM’s SI was 103,700 shares in April as released by FINRA. Its down 19.17% from 128,300 shares previously. With 47,900 avg volume, 2 days are for Salem Media Group Class A (NASDAQ:SALM)’s short sellers to cover SALM’s short positions. The SI to Salem Media Group Class A’s float is 0.96%. It closed at $7.55 lastly. It is down 30.85% since September 14, 2016 and is uptrending. It has outperformed by 20.03% the S&P500.

Analysts expect McDermott International (NYSE:MDR) to report $0.01 EPS on May, 4.They anticipate $0.12 EPS change or 92.31% from last quarter’s $0.13 EPS. MDR’s profit would be $2.43M giving it 159.50 P/E if the $0.01 EPS is correct. After having $0.02 EPS previously, McDermott International’s analysts see -50.00% EPS growth. It closed at $6.38 lastly. It is down 32.37% since September 14, 2016 and is uptrending. It has outperformed by 21.54% the S&P500.

Among 10 analysts covering McDermott International (NYSE:MDR), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. McDermott International had 17 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was upgraded by Howard Weil to “Sector Outperform” on Monday, March 28. As per Friday, November 13, the company rating was initiated by Citigroup. As per Thursday, September 3, the company rating was maintained by Imperial Capital. Deutsche Bank maintained McDermott International (NYSE:MDR) rating on Wednesday, October 26. Deutsche Bank has “Hold” rating and $5 target. Credit Suisse downgraded McDermott International (NYSE:MDR) rating on Monday, April 4. Credit Suisse has “Neutral” rating and $4.04 target. The stock of McDermott International (NYSE:MDR) earned “Underweight” rating by Morgan Stanley on Tuesday, April 19. The rating was initiated by Sterne Agee CRT with “Neutral” on Tuesday, May 24. On Wednesday, July 27 the stock rating was maintained by Citigroup with “Neutral”. The stock of McDermott International (NYSE:MDR) has “Outperform” rating given on Thursday, September 17 by Imperial Capital. DA Davidson maintained McDermott International (NYSE:MDR) rating on Monday, March 14. DA Davidson has “Neutral” rating and $4 target.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.30, from 1.23 in 2016Q3. It is negative, as 34 investors sold McDermott International shares while 80 reduced holdings. 38 funds opened positions while 68 raised stakes. 190.39 million shares or 0.63% less from 191.59 million shares in 2016Q3 were reported. Dimensional Fund Advisors Ltd Partnership holds 0.05% of its portfolio in McDermott International (NYSE:MDR) for 13.80 million shares. Point72 Asia (Hong Kong) holds 4,098 shares. Tiaa Cref Mngmt Ltd Liability Corporation accumulated 1.75M shares or 0.01% of the stock. Raymond James Assoc has invested 0% in McDermott International (NYSE:MDR). Guggenheim Cap Limited holds 197,658 shares or 0% of its portfolio. Ancora Advsr reported 15,000 shares stake. Bnp Paribas Inv Prtnrs accumulated 261,700 shares or 0.02% of the stock. Towle And Co holds 4.05% or 4.09M shares in its portfolio. Ameritas Ptnrs has 0.01% invested in McDermott International (NYSE:MDR). Investment Counselors Of Maryland Llc invested in 3.95M shares. Panagora Asset Management holds 772,248 shares or 0.03% of its portfolio. The Montana-based Da Davidson Communication has invested 0% in McDermott International (NYSE:MDR). 324,500 are owned by New York State Common Retirement Fund. Hutchin Hill Cap Limited Partnership stated it has 0.02% in McDermott International (NYSE:MDR). Bnp Paribas Arbitrage Sa holds 0% or 21,297 shares.

McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation , front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The company has market cap of $1.55 billion. The Firm delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea gas and oil projects. It has a 53.98 P/E ratio. It operates through three divisions: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA).

Salem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media firm specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The company has market cap of $200.37 million. The Firm operates through three divisions: Broadcast, Digital Media and Publishing. It has a 22.2 P/E ratio. The Company’s broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets.

Investors sentiment increased to 1.78 in Q4 2016. Its up 0.03, from 1.75 in 2016Q3. It increased, as 3 investors sold Salem Media Group Inc shares while 15 reduced holdings. 10 funds opened positions while 22 raised stakes. 7.70 million shares or 2.10% less from 7.86 million shares in 2016Q3 were reported. Bank Of America De holds 1,519 shares or 0% of its portfolio. Morgan Stanley holds 0% of its portfolio in Salem Media Group Inc (NASDAQ:SALM) for 112,230 shares. Invesco Limited reported 0% of its portfolio in Salem Media Group Inc (NASDAQ:SALM). Wells Fargo Mn owns 3,301 shares for 0% of their portfolio. Mufg Americas Corp reported 275 shares. Blackrock Institutional Trust Company Na stated it has 0% of its portfolio in Salem Media Group Inc (NASDAQ:SALM). Geode Mgmt Ltd Liability Com owns 76,575 shares. Natl Bank Of New York Mellon Corp, a New York-based fund reported 209,256 shares. Schwab Charles Management Inc holds 0% in Salem Media Group Inc (NASDAQ:SALM) or 26,700 shares. Martingale Asset Management Ltd Partnership holds 0% or 48,029 shares in its portfolio. Prelude Capital Limited Liability Corp owns 9,700 shares. Eagle Ltd Com reported 34,170 shares or 0.01% of all its holdings. 881 were accumulated by Financial Bank Of Montreal Can. Rbf Capital Lc invested in 0.02% or 20,045 shares. Vanguard Grp Inc Inc owns 323,651 shares.

Since March 21, 2017, it had 0 buys, and 5 insider sales for $255,041 activity. EVANS DAVID also sold $752 worth of Salem Media Group Inc (NASDAQ:SALM) shares.

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