Atwood Oceanics (NYSE: ATW) is one of 18 public companies in the “Oil & Gas Drilling” industry, but how does it compare to its competitors? We will compare Atwood Oceanics to related businesses based on the strength of its analyst recommendations, earnings, valuation, profitability, institutional ownership, risk and dividends.

Volatility and Risk

Atwood Oceanics has a beta of 2.46, suggesting that its stock price is 146% more volatile than the S&P 500. Comparatively, Atwood Oceanics’ competitors have a beta of 1.89, suggesting that their average stock price is 89% more volatile than the S&P 500.

Profitability

This table compares Atwood Oceanics and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Atwood Oceanics -3.06% 2.25% 1.59%
Atwood Oceanics Competitors -18.41% -8.37% -2.62%

Insider & Institutional Ownership

92.0% of Atwood Oceanics shares are held by institutional investors. Comparatively, 74.9% of shares of all “Oil & Gas Drilling” companies are held by institutional investors. 1.2% of Atwood Oceanics shares are held by company insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Earnings and Valuation

This table compares Atwood Oceanics and its competitors gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Atwood Oceanics $605.28 million $296.89 million -45.80
Atwood Oceanics Competitors $1.42 billion $540.19 million -6.71

Atwood Oceanics’ competitors have higher revenue and earnings than Atwood Oceanics. Atwood Oceanics is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of recent recommendations for Atwood Oceanics and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atwood Oceanics 3 14 4 0 2.05
Atwood Oceanics Competitors 513 1579 1286 59 2.26

Atwood Oceanics currently has a consensus target price of $11.64, indicating a potential upside of 27.08%. As a group, “Oil & Gas Drilling” companies have a potential upside of 25.43%. Given Atwood Oceanics’ higher probable upside, analysts plainly believe Atwood Oceanics is more favorable than its competitors.

Summary

Atwood Oceanics beats its competitors on 7 of the 13 factors compared.

About Atwood Oceanics

Atwood Oceanics, Inc. is an offshore drilling company engaged in the drilling and completion of exploration and development wells for the global oil and gas industry. The Company owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. Its Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey. Its Jackup Rigs included Atwood Mako, Atwood Manta, Atwood Aurora, Atwood Beacon and Atwood Orca. The Atwood Mako and Atwood Manta, both approximately 400-foot water depth Pacific Class jackup rigs, are operating offshore Vietnam and offshore Thailand. The Atwood Aurora, an approximately 350-foot water depth jackup, is operating offshore West Africa. The Atwood Beacon, an approximately 400-foot water depth jackup, is operating in the Mediterranean Sea.

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