The price of Borr Drilling Ltd (NYSE: BORR) closed at $5.79 in the last session, down -0.86% from day before closing price of $5.84. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 3086962 shares were traded.
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 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 1.73 whereas as Long-Term Debt/Eq ratio is at 1.65.
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 1.46B and an Enterprise Value of 3.05B. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.55, and their Forward P/E ratio for the next fiscal year is 5.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 3.96 whereas that against EBITDA is 9.20.
Stock Price History:
Over the past 52 weeks, BORR has reached a high of $8.87, while it has fallen to a 52-week low of $5.61. The 50-Day Moving Average of the stock is 6.43, while the 200-Day Moving Average is calculated to be 6.90.
Shares Statistics:
According to the various share statistics, BORR traded on average about 2.07M shares per day over the past 3-months and 3.43M shares per day over the past 10 days. A total of 252.58M shares are outstanding, with a floating share count of 227.22M. Insiders hold about 10.04% of the company’s shares, while institutions hold 70.18% stake in the company. Shares short for BORR as of Mar 15, 2024 were 8.39M with a Short Ratio of 4.06, compared to 9.42M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.32% and a Short% of Float of 4.62%.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.86%, it implies a Forward Annual Dividend Yield of 1.49%. The current Payout Ratio is 108.95% for BORR, which recently paid a dividend on Mar 18, 2024 with an ex-dividend date of Mar 01, 2024. Stock splits for the company last occurred on Dec 14, 2021 when the company split stock in a 1:2 ratio.
Earnings Estimates
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.15, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.19, with high estimates of $0.22 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.96 and $0.64 for the fiscal current year, implying an average EPS of $0.84. EPS for the following year is $1.15, with 4 analysts recommending between $1.35 and $1.04.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for BORR’s current fiscal year. The highest revenue estimate was $1B, while the lowest revenue estimate was $915M, resulting in an average revenue estimate of $953M. In the same quarter a year ago, actual revenue was $771.6M, up 23.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.1B in the next fiscal year. The high estimate is $1.15B and the low estimate is $1.04B. The average revenue growth estimate for next year is up 15.10% from the average revenue estimate for this year.
