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What Are Analysts Report About Rowan Companies plc (RDC)

20 October 2017

It was reported on Oct, 19 by Barchart.com. (REGI) is worth US$454.66 Million and has recently risen 0.86% to US$11.7.

Rowan Companies Incorporated (NYSE:RDC) had an increase of 7.81% in short interest. Its up 7.81% from 22.47 million shares previously. Aperio Grp Limited Liability Corporation stated it has 0.01% of its portfolio in Rowan Companies PLC (NYSE:RDC). Benchmark maintained it with "Buy" rating and $34 target in Tuesday, May 3 report. The legal version of this piece can be viewed at https://weekherald.com/2017/10/20/rowan-companies-plc-rdc-receives-new-coverage-from-analysts-at-deutsche-bank-ag.html. It has underperformed by 33.20% the S&P500.The move comes after 8 months positive chart setup for the $1.68 billion company. Rowan Companies (NYSE:RDC)'s price sits 18.09% above from its 50-day moving average of $11.89 and -3.78% away from the stock's 200-day moving average which is $12.04. Therefore 26% are positive. According to these analysts, the Low Revenue Estimate for Rowan Companies plc is 256.1 Million and the High Revenue Estimate is 294 Million. The firm has "Buy" rating by HSBC given on Thursday, October 19. The rating was maintained by Jefferies on Wednesday, April 12 with "Hold". As per Friday, August 12, the company rating was maintained by RBC Capital Markets. The stock of Rowan Companies PLC (NYSE:RDC) earned "Neutral" rating by Credit Suisse on Friday, September 23.

Is Rowan Companies plc (NYSE:RDC) Cheap From Peers? The company was maintained on Thursday, August 3 by Nomura.

Wall Street analysts, on average, are forecasting the company's EPS to be -0.44, compared to 0.3 reported in the same quarter a year ago. The company had Year Ago Sales of 379.4 Million. The Company operates through two segments: deepwater and jack-ups. It now has negative earnings.

The TTM operating margin for the company stands at 10.3%.

Investors sentiment increased to 1.26 in 2017 Q2. Its down 0.67, from 1.3 in 2017Q1. 37 funds opened positions while 83 raised stakes. Total debt to equity ratio of the company for most recent quarter is 0.47 whereas long term debt to equity ratio for most recent quarter is 0.47.

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Rowan Companies plc (NYSE:RDC) reported its EPS in the last quarter as $-0.22/Share beating the analyst estimate of $-0.3/Share by a difference of $0.08. At the moment, Rowan Companies plc Return on Assets is -0.40%. Brigade Capital Management LP accumulated 225,000 shares. Ubs Oconnor reported 219,309 shares. Citadel Advisors Limited has invested 0% in Rowan Companies PLC (NYSE:RDC). Swiss Bancorporation accumulated 53,200 shares. Gemmer Asset Management Llc, a California-based fund reported 181 shares. 0 analysts gave its stock an Outperform rating. Rowan Companies plc (RDC) now has 126240 shares outstanding, which means that its market capitalization is $1.67B. Cipher Capital LP owns 135,249 shares. Markston Intll owns 1,700 shares for 0% of their portfolio.

Some buy side analysts are also providing their Analysis on Rowan Companies plc, where 3 analysts have rated the stock as Strong buy, 8 analysts have given a Buy signal, 20 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. The firm set a "hold" rating and a $15.00 price target on the oil and gas company's stock. Diana Containerships had 2 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was initiated by Piper Jaffray with "Overweight" on Friday, June 10. (NASDAQ:Z) rating on Thursday, June 29. The firm earned "Hold" rating on Wednesday, March 16 by Citigroup. The rating was maintained by Hovde Group with "Market Perform" on Tuesday, January 26. Rowan Companies Plc now has $1.68 billion valuation. The Company's divisions include banking, leasing and mortgage banking. It has a 72.84 P/E ratio. As of December 31, 2016, the Company's primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A. (MB Financial Bank). Its up 0.40, from 1.15 in 2017Q1.

Graham Capital Management Lp decreased F5 Networks Inc (NASDAQ:FFIV) stake by 7,500 shares to 6,400 valued at $813,000 in 2017Q2. 9 funds opened positions while 18 raised stakes.

Frontier Investment Mgmt Co holds 0.12% of its portfolio in Waste Connections Inc (USA) for 18,681 shares. Dupont Management owns 304,008 shares. Bluecrest Cap Management Ltd has 54,502 shares for 0.02% of their portfolio. Retirement System Of Alabama invested in 0.01% or 162,562 shares. Moreover, Gulf International Bank (Uk) Ltd has 0.07% invested in the company for 80,589 shares. Neuberger Berman Group LLC now owns 10,237 shares of the oil and gas company's stock valued at $159,000 after buying an additional 55 shares during the period. Tower Research Ltd Liability Co (Trc) reported 900 shares stake. Dimensional Fund Advsrs Limited Partnership stated it has 170,197 shares or 0% of all its holdings.

Since June 1, 2017, it had 0 insider buys, and 1 sale for $62,800 activity. $515,570 worth of stock was sold by FEIGER MITCHELL on Tuesday, May 16. It also reduced Arrow Electronics Inc.

Recently, analysts have updated the overall rating to 2.6.

What Are Analysts Report About Rowan Companies plc (RDC)