Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Seadrill Ltd (NYSE: SDRL) closed at $36.48 up 0.66% from its previous closing price of $36.24. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.98 million shares were traded. SDRL stock price reached its highest trading level at $36.77 during the session, while it also had its lowest trading level at $35.9.
Ratios:
For a deeper understanding of Seadrill Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.34. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 2.53. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
On December 06, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $72.Stifel initiated its Buy rating on December 06, 2023, with a $72 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SDRL now has a Market Capitalization of 2358625280 and an Enterprise Value of 2426367232. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.31, and their Forward P/E ratio for the next fiscal year is 11.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.666 whereas that against EBITDA is 5.514.
Stock Price History:
Over the past 52 weeks, SDRL has reached a high of $56.46, while it has fallen to a 52-week low of $34.74. The 50-Day Moving Average of the stock is -4.86%, while the 200-Day Moving Average is calculated to be -17.14%.
Shares Statistics:
For the past three months, SDRL has traded an average of 824.93K shares per day and 643330 over the past ten days. A total of 68.83M shares are outstanding, with a floating share count of 65.12M. Insiders hold about 5.39% of the company’s shares, while institutions hold 87.77% stake in the company. Shares short for SDRL as of 1736899200 were 5113305 with a Short Ratio of 6.20, compared to 1734048000 on 5034074. Therefore, it implies a Short% of Shares Outstanding of 5113305 and a Short% of Float of 7.91.
