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