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The price of Borr Drilling Ltd (NYSE: BORR) closed at $2.37 in the last session, up 7.24% from day before closing price of $2.21. In other words, the price has increased by $7.24 from its previous closing price. On the day, 5.64 million shares were traded. BORR stock price reached its highest trading level at $2.39 during the session, while it also had its lowest trading level at $2.21.
Ratios:
We take a closer look at BORR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.05.
On September 13, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line but kept the price unchanged to $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BORR now has a Market Capitalization of 678353216 and an Enterprise Value of 2513061376. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.88, and their Forward P/E ratio for the next fiscal year is 99.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 2.53 whereas that against EBITDA is 5.191.
Stock Price History:
The Beta on a monthly basis for BORR is 1.95, which has changed by -0.63482285 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $6.82, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 15.44%, while the 200-Day Moving Average is calculated to be -13.61%.
Shares Statistics:
According to the various share statistics, BORR traded on average about 5.36M shares per day over the past 3-months and 5717320 shares per day over the past 10 days. A total of 239.31M shares are outstanding, with a floating share count of 224.12M. Insiders hold about 9.05% of the company’s shares, while institutions hold 74.01% stake in the company. Shares short for BORR as of 1753920000 were 20465437 with a Short Ratio of 3.82, compared to 1751241600 on 22322517. Therefore, it implies a Short% of Shares Outstanding of 20465437 and a Short% of Float of 10.15.
Dividends & Splits
The forward annual dividend rate for BORR is 0.14, which was 0.14 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.06334841The current Payout Ratio is 73.35% for BORR, which recently paid a dividend on 2025-03-03 with an ex-dividend date of 2025-03-03. Stock splits for the company last occurred on 2021-12-14 when the company split stock in a 1:2 ratio.
Earnings Estimates
The stock of Borr Drilling Ltd (BORR) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.1, with high estimates of $0.14 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.24 and $0.12 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.01, with 4.0 analysts recommending between $0.16 and -$0.1.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $262.24M. It ranges from a high estimate of $269M to a low estimate of $255.1M. As of the current estimate, Borr Drilling Ltd’s year-ago sales were $271.9MFor the next quarter, 3 analysts are estimating revenue of $263.82M. There is a high estimate of $278M for the next quarter, whereas the lowest estimate is $254.45M.
A total of 4 analysts have provided revenue estimates for BORR’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $977.49M, resulting in an average revenue estimate of $996.02M. In the same quarter a year ago, actual revenue was $1.01BBased on 5 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.2B and the low estimate is $939M.
