After finishing at $6.28 in the prior trading day, Borr Drilling Ltd (NYSE: BORR) closed at $6.57, up 4.62%. In other words, the price has increased by $+0.29 from its previous closing price. On the day, 1943243 shares were traded. BORR stock price reached its highest trading level at $6.59 during the session, while it also had its lowest trading level at $6.36.
Ratios:
Our goal is to gain a better understanding of BORR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 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 1.63B and an Enterprise Value of 3.23B. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 92.54, and their Forward P/E ratio for the next fiscal year is 5.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 4.19 whereas that against EBITDA is 9.21.
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 6.59, while the 200-Day Moving Average is calculated to be 6.97.
Shares Statistics:
The stock has traded on average 1.89M shares per day over the past 3-months and 1.8M shares per day over the last 10 days, according to various share statistics. A total of 252.58M shares are outstanding, with a floating share count of 216.40M. Insiders hold about 14.32% of the company’s shares, while institutions hold 61.81% stake in the company. Shares short for BORR as of Feb 15, 2024 were 9.42M with a Short Ratio of 4.99, compared to 8.31M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.73% and a Short% of Float of 5.19%.
Dividends & Splits
In the trailing 12 months, BORR’s forward annual dividend rate was 0.00, compared to 0.00 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 1.52%. The current Payout Ratio is 110.66% 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
Its stock is currently analyzed by 2 different market analysts. 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 $0.85. EPS for the following year is $1.23, with 4 analysts recommending between $1.41 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 $956M. In the same quarter a year ago, actual revenue was $771.6M, up 23.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.12B in the next fiscal year. The high estimate is $1.15B and the low estimate is $1.1B. The average revenue growth estimate for next year is up 17.00% from the average revenue estimate for this year.
