Borr Drilling Limited (NYSE:BORR) is a stock that investors should take a bite out of.

After finishing at $5.85 in the prior trading day, Borr Drilling Limited (NYSE: BORR) closed at $5.90, up 0.85%. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1074610 shares were traded. BORR stock price reached its highest trading level at $5.97 during the session, while it also had its lowest trading level at $5.71.

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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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Ratios:

Our goal is to gain a better understanding of BORR by taking a closer look at its different ratios.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.71 while its Price-to-Book (P/B) ratio in mrq is 1.47.

Stock Price History:

Over the past 52 weeks, BORR has reached a high of $6.96, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 4.86, while the 200-Day Moving Average is calculated to be 4.44.

Shares Statistics:

The stock has traded on average 1.17M shares per day over the past 3-months and 1.1M shares per day over the last 10 days, according to various share statistics. A total of 228.86M shares are outstanding, with a floating share count of 162.88M. Insiders hold about 10.19% of the company’s shares, while institutions hold 43.48% stake in the company. Shares short for BORR as of Oct 13, 2022 were 6.56M with a Short Ratio of 4.59M, compared to 6.4M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.87% and a Short% of Float of 3.86%.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.23 and a low estimate of -$0.23, while EPS last year was -$0.24. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.13 and low estimates of -$0.13.

Analysts are recommending an EPS of between -$1 and -$1 for the fiscal current year, implying an average EPS of -$1. EPS for the following year is $0.09, with 1 analysts recommending between $0.09 and $0.09.

Revenue Estimates

1 analysts predict $106.8M in revenue for the current quarter. It ranges from a high estimate of $106.8M to a low estimate of $106.8M. As of the current estimate, Borr Drilling Limited’s year-ago sales were $73M, an estimated increase of 46.30% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $130.5M, an increase of 88.90% over than the figure of $46.30% in the same quarter last year. There is a high estimate of $130.5M for the next quarter, whereas the lowest estimate is $130.5M.

A total of 1 analysts have provided revenue estimates for BORR’s current fiscal year. The highest revenue estimate was $420.6M, while the lowest revenue estimate was $420.6M, resulting in an average revenue estimate of $420.6M. In the same quarter a year ago, actual revenue was $245.3M, up 71.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $585.8M in the next fiscal year. The high estimate is $585.8M and the low estimate is $585.8M. The average revenue growth estimate for next year is up 39.30% from the average revenue estimate for this year.