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

Volatility & Risk

Atwood Oceanics has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500. Comparatively, Atwood Oceanics’ competitors have a beta of 1.89, meaning that their average share price is 89% more volatile than the S&P 500.

Institutional and Insider Ownership

92.0% of Atwood Oceanics shares are held by institutional investors. Comparatively, 74.7% of shares of all “Oil & Gas Drilling” companies are held by institutional investors. 1.2% of Atwood Oceanics shares are held by insiders. Comparatively, 2.2% of shares of all “Oil & Gas Drilling” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

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 -3.71% -0.51% -0.36%
Atwood Oceanics Competitors -24.42% -8.93% -2.87%

Analyst Recommendations

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

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atwood Oceanics 3 13 4 0 2.05
Atwood Oceanics Competitors 493 1532 1242 57 2.26

Atwood Oceanics presently has a consensus price target of $11.15, suggesting a potential upside of 19.64%. As a group, “Oil & Gas Drilling” companies have a potential upside of 21.00%. Given Atwood Oceanics’ competitors stronger consensus rating and higher possible upside, analysts clearly believe Atwood Oceanics has less favorable growth aspects than its competitors.

Earnings and Valuation

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

Gross Revenue EBITDA Price/Earnings Ratio
Atwood Oceanics $605.28 million $296.89 million -46.60
Atwood Oceanics Competitors $1.42 billion $540.19 million -11.18

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.

Summary

Atwood Oceanics competitors beat Atwood Oceanics on 7 of the 12 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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