Diamond Offshore Drilling, Inc. (DO) Earns "Hold" Rating from Cowen and Company

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13 September, 2017

With 27,300 avg volume, 1 days are for Atento SA (NYSE:ATTO)'s short sellers to cover ATTO's short positions. The 50 day moving average went up $1.05 or +9.06% whereas the 200 day moving average was down $-0.60 or -4.52%. The stock decreased 1.80% or $0.28 on September 8, reaching $15.28. It has outperformed by 159.57% the S&P500. Finally, Piper Jaffray Companies restated a "hold" rating and set a $12.50 price objective on shares of Diamond Offshore Drilling in a research note on Thursday, August 3rd.

Diamond Offshore Drilling, Inc. now has a P/E ratio of 10.30 and the market value is 1.74B.

In the latest week Diamond Offshore Drilling, Inc. It has underperformed by 59.72% the S&P500.

Among 2 analysts covering Jason Industries (NASDAQ:JASN), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 80% are positive. Schwab Charles Investment Management Inc. lifted its stake in Diamond Offshore Drilling by 28.1% in the second quarter. Of the 32 analysts surveyed by Reuters that track DO 20 of them rate its stock a hold. The company was initiated on Friday, December 4 by Jefferies. The stock of Derwent London Plc (LON:DLN) has "Hold" rating given on Monday, February 1 by Deutsche Bank. On Tuesday, December 15 the stock rating was maintained by Mizuho with "Neutral". Barrington Research maintained Atento SA (NYSE:ATTO) rating on Monday, August 21. (NYSE:DO), 5 have Buy rating, 5 Sell and 19 Hold. Zacks downgraded the stock to "Buy" rating in Tuesday, August 25 report. 4 funds opened positions while 8 raised stakes. Smith Asset Management Grp Inc Ltd Partnership holds 2,230 shares.

How Company Returns Shareholder's Value? Northern Trust reported 19,304 shares. Blackrock Investment Limited Liability invested in 226,669 shares.

Since May 22, 2017, it had 1 buy, and 0 selling transactions for $54,660 activity. Blackrock Group Inc Limited accumulated 473,416 shares or 0% of the stock. Vanguard Group Inc invested in 0% or 347,607 shares. Parallax Volatility Advisers Lp owns 1,783 shares. Prelude Capital Ltd accumulated 17,881 shares. It improved, as 64 investors sold DO shares while 90 reduced holdings. The Firm is engaged in the discovery, development and commercialization of genetic testing services. Zazove Associates Llc who had been investing in Radio One Inc (Prn) for a number of months, seems to be less bullish one the $75.59M market cap company. It is down 19.10% since September 11, 2016 and is uptrending. It now has negative earnings.

Investors sentiment increased to 1.24 in 2016 Q4. Its down 0.42, from 1.13 in 2016Q3.

Texas Permanent School Fund increased Diamond Offshore Drilling In (DO) stake by 87.44% reported in 2016Q4 SEC filing.

These funds have shifted positions in (DO). Millennium Mgmt Lc holds 366,620 shares or 0.01% of its portfolio. Parametric Portfolio Assoc Ltd Liability Com holds 472,373 shares. The company had Year Ago Sales of 349.18 Million. Royal Savings Bank Of Canada accumulated 1,312 shares. Fdx Advsr Incorporated stated it has 0.01% of its portfolio in Diamond Offshore Drilling Inc (NYSE:DO).

11/01/2016 - Diamond Offshore Drilling, Inc. had its "underperform" rating reiterated by analysts at FBR Capital Markets. Oregon Public Employees Retirement Fund holds 0.01% or 22,273 shares. 323.62 million shares or 2.64% more from 315.31 million shares in 2016Q3 were reported.

The company reported its EPS on 6/29/2017. The principal markets for its offshore contract drilling services are the Gulf of Mexico, including the United States and Mexico; South America, principally offshore Brazil, and Trinidad and Tobago; Australia and Southeast Asia, including Malaysia, Indonesia and Vietnam; Europe, principally offshore the United Kingdom and Norway; East and West Africa; the Mediterranean, and the Middle East. (NYSE:STAY) earnings have risen with a quarterly rate of 6.2% over the last 5 years. Therefore 17% are positive. Diamond Offshore Drilling Inc. has $26 highest and $1000 lowest target. (NYSE:DO). According to First Call, the current consensus target price on shares is sitting at $13.00.

08/25/2017 - Diamond Offshore Drilling, Inc. was upgraded to "sector perform" by analysts at RBC Capital. Morgan Stanley maintained it with "Overweight" rating and $20 target in Wednesday, October 5 report. The firm earned "Neutral" rating on Wednesday, March 16 by Citigroup.

Diamond Offshore Drilling (NYSE:DO) last posted its earnings results on Monday, July 31st. BNP Paribas maintained it with "Underperform" rating and GBX 2600 target in Wednesday, November 30 report. On Wednesday, August 5 the stock rating was maintained by Jefferies with "Hold". As per Monday, October 17, the company rating was upgraded by CLSA.

On June 21, 2017 the stock rating was changed to "Neutral" in a report from Seaport Global which was a cut from the previous "Accumulate" rating.


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