Q2 2017 EPS Estimates for Rowan Companies PLC (RDC) Lifted by Analyst

Author

23 May, 2017

Rhumbline Advisers holds 225,027 shares.

The stock increased 0.30% or $0.04 on May 16, reaching $13.47. About 3.88M shares traded. (NASDAQ:KIRK) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500. Barclays PLC dropped their price target on Rowan Companies PLC from $19.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Monday, May 1st. Blue Harbour Group Lp acquired 550,000 shares as Rowan Companies Plc (RDC)'s stock 0.00%. (NASDAQ:KIRK) or 10,500 shares. Key Group Holdings Cayman Ltd sold 249,246 shares as Rowan Companies Plc (RDC)'s stock 0.00%. The company had a trading volume of 1,090,989 shares. About 2.53M shares traded.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business.

Rowan Companies PLC's revenue was down 25.2% on a year-over-year basis. Credit Suisse Group AG reissued a "hold" rating and set a $21.00 price target on shares of Rowan Companies PLC in a report on Friday, April 21st. Therefore 24% are positive.

RDC has been the subject of a number of analyst reports. KLR initiated the stock with "Buy" rating in Monday, December 14 report. Royal Bank of Canada reiterated an "underperform" rating and issued a $20.00 price objective (down from $23.00) on shares of Rowan Companies PLC in a research report on Thursday, February 2nd. As per Monday, November 14, the company rating was downgraded by Morgan Stanley.

RDC has been the topic of several other research reports. On Wednesday, December 21 the stock rating was downgraded by Atlantic Securities to "Neutral". Jefferies Group LLC set a $20.00 price target on shares of Rowan Companies PLC and gave the company a "hold" rating in a research report on Saturday, February 25th. The stock has "Buy" rating by Seaport Global on Monday, March 14. As per Monday, June 13, the company rating was upgraded by Johnson Rice.

Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.04, from 0.93 in 2016Q3. 37 funds opened positions while 74 raised stakes. On average, analysts expect that Rowan Companies PLC will post ($0.99) earnings per share for the current fiscal year. 3,200 are held by Laurion Cap Management L P. Quantitative Investment Mngmt Limited Liability Corp accumulated 0.07% or 147,900 shares. Vident Invest Advisory stated it has 143,238 shares. American Century Companies Inc. owned about 0.57% of Rowan Companies PLC worth $11,105,000 as of its most recent filing with the SEC. Jpmorgan Chase & Co holds 0% or 873,299 shares. South Dakota Council owns 1.38 million shares. Gabelli Funds Limited Liability Corporation stated it has 0.03% of its portfolio in Rowan Companies PLC (NYSE:RDC). It increased, as 46 investors sold USB shares while 425 reduced holdings. Quantbot Techs Limited Partnership owns 22,156 shares. Finally, State Treasurer State of MI boosted its stake in shares of Rowan Companies PLC by 1.0% in the first quarter.

Rowan Companies PLC (NYSE:RDC) last posted its quarterly earnings results on Tuesday, May 2nd. United Svcs Automobile Association owns 32,210 shares or 0% of their U.S. portfolio. Ameriprise Fin Inc has 0% invested in Rowan Companies PLC (NYSE:RDC) for 348,167 shares. The Georgia-based Earnest Ptnrs Limited Liability has invested 0% in Rowan Companies PLC (NYSE:RDC). During the same period previous year, the company earned $0.98 earnings per share. Comml Bank Of Montreal Can reported 0% stake.

Investors sentiment increased to 2.32 in Q4 2016. Its up 0.04, from 0.93 in 2016Q3. It fall, as 18 investors sold FR shares while 84 reduced holdings. 141 funds opened positions while 361 raised stakes. 107.82 million shares or 1.62% less from 109.60 million shares in 2016Q3 were reported. State Teachers Retirement Sys has invested 0% in Kirkland's, Inc. Creative Planning holds 0% or 285 shares in its portfolio. Moreover, State Of Alaska Department Of Revenue has 0% invested in Kirkland's, Inc. (NYSE:FR) for 72,015 shares. Comerica Bankshares reported 0% in Kirkland's, Inc. Nuveen Asset Mgmt Llc holds 0.05% or 513,807 shares. Financial Bank Of America De holds 17,672 shares. (NYSE:FR). The Australia-based Westpac has invested 0% in First Industrial Realty Trust, Inc. Teachers Retirement Of The State Of Kentucky reported 27,700 shares or 0.01% of all its holdings. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the stock. Therefore 25% are positive. First Ind. Rlty had 10 analyst reports since September 3, 2015 according to SRatingsIntel. On Tuesday, July 26 the stock rating was downgraded by Raymond James to "Market Perform". The stock has "Hold" rating by Jefferies on Wednesday, April 12. The stock of U.S. Bancorp (NYSE:USB) has "Outperform" rating given on Thursday, October 20 by RBC Capital Markets. BMO Capital Markets maintained First Industrial Realty Trust, Inc. The rating was upgraded by Societe Generale to "Hold" on Thursday, November 3. Another trade for 17,157 shares valued at $475,420 was sold by DUNCAN BRUCE W.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


More news


  • Destiny 2 filled with fantastic  things to do, say developers

    Destiny 2 filled with fantastic things to do, say developers

    Blizzard says making a brand new PC launcher/network client "would needlessly extend the development period for the game". The PC version comes with various graphics options and an uncapped frame rate, but it won't be available on Steam.
    Some Apple Music Free Trial Users Charged Fee for Access

    Some Apple Music Free Trial Users Charged Fee for Access

    Apple Music rival Spotify's three-month trial also costs 99 cents in Australia , 0,99 € in Spain , and Fr. 0.99 in Switzerland . The change in subscription prices for the trial are now being reflected on individual Apple Music websites of each location.
    Texas Senate approves 'religious refusal' adoption measure

    Texas Senate approves 'religious refusal' adoption measure

    Lambda Legal, a civil rights advocacy group, said Texas can expect a lawsuit if the transgender bathroom ban becomes law. The battle, and the rhetoric, should only heat up before the legislative session ends next week.
  • Texas advances school transgender bathroom law

    Texas advances school transgender bathroom law

    If the House doesn't approve HB 21 as amended by the Senate, public schools won't get the extra $530 million, Taylor said. Opponents said it's an attack on transgender people.
    Chinese online retailer developing one-ton delivery drones

    Chinese online retailer developing one-ton delivery drones

    It is understood Amazon will use "highly automated" drones equipped with Global Positioning System to locate the exact address. China is home to the world's biggest manufacturer of civilian drones, DJI, in the southern city of Shenzhen.
    New Far Cry 5 Teasers Reveal Where It's Set

    New Far Cry 5 Teasers Reveal Where It's Set

    Next up is a river with a body floating by, followed by a man sprinting through thigh-high grass only to be cut down by a bullet. Interestingly enough, there's a character that is supposedly based on Tom Cruise's association with modern-day Scientology.
  • Kyle Busch Takes The Checkered Flag In Lackluster Contest — NASCAR All-Star Race

    The experiments didn't work, in part because the convoluted rules had numerous teams confused about when and how to use them. The cool spring temperatures suddenly turned the festivities into "One Hot Night", which is how that race is remembered.
    Majority does not approve of Trump's handling of Russian Federation  probe

    Majority does not approve of Trump's handling of Russian Federation probe

    Sources told the Washington Post that the intensity of the probe will probably accelerate over the next few weeks. Seventy-nine percent also think any tapes of conversations between Comey and Trump should be handed over.

    Injured and reeling, Celtics rediscover their will to win

    Bradley's shot from the left wing - off a play designed by coach Brad Stevens - bounced on the rim four times before going down. They got some second-chance points. "We have to regroup and get back to playing desperate basketball".
  • Claim humans may come from Med, not Africa

    Claim humans may come from Med, not Africa

    As with the out-of-East-Africa theory, the evolution of pre-humans may have been driven by dramatic environmental changes. But because all of the later hominins are found in Africa, the simplest explanation, she said, "is an African origin".
    North Korea says ready to deploy, mass-produce new missile

    North Korea says ready to deploy, mass-produce new missile

    The agency also released pictures of the Earth claimed to be taken from the rocket in space. That makes them easier to spot and easier to destroy.
    Nike unveils new Day to Night Apple watch bands

    Nike unveils new Day to Night Apple watch bands

    The "Day to Night" collection celebrates runners whenever they choose to run - at twilight, sunset and everything in between. As for the availability, you can get your hands on the watch bands from Nike.com as well as select Nike stores.