The closing price of Borr Drilling Ltd (NYSE: BORR) was $6.09 for the day, down -11.09% from the previous closing price of $6.85. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 6905086 shares were traded.
Ratios:
Our analysis of BORR’s different ratios will help us gain a deeper understanding of the company. 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 1.61B and an Enterprise Value of 3.21B. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.77, and their Forward P/E ratio for the next fiscal year is 5.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 4.16 whereas that against EBITDA is 9.67.
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 6.50, while the 200-Day Moving Average is calculated to be 6.92.
Shares Statistics:
BORR traded an average of 1.82M shares per day over the past three months and 1.75M shares per day over the past ten days. 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 61.65% stake in the company. Shares short for BORR as of Mar 15, 2024 were 8.39M with a Short Ratio of 4.60, 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
With its trailing 12-month dividend rate of 0.05, BORR has a forward annual dividend rate of 0.00. Against a Trailing Annual Dividend Yield of 0.73%, 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 firm’s stock currently is rated by 2 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.
