Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Borr Drilling Ltd (NYSE: BORR) closed at $2.39 up 3.46% from its previous closing price of $2.31. In other words, the price has increased by $3.46 from its previous closing price. On the day, 5.69 million shares were traded. BORR stock price reached its highest trading level at $2.42 during the session, while it also had its lowest trading level at $2.275.
Ratios:
For a deeper understanding of Borr Drilling Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.91.
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 684077760 and an Enterprise Value of 2524577536. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.65. 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 0.56. Its current Enterprise Value per Revenue stands at 2.553 whereas that against EBITDA is 5.248.
Stock Price History:
The Beta on a monthly basis for BORR is 1.96, which has changed by -0.60947716 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $6.65, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 13.76%, while the 200-Day Moving Average is calculated to be -11.46%.
Shares Statistics:
For the past three months, BORR has traded an average of 5.58M shares per day and 6934130 over the past ten days. A total of 236.22M shares are outstanding, with a floating share count of 224.12M. Insiders hold about 9.05% of the company’s shares, while institutions hold 66.65% stake in the company. Shares short for BORR as of 1753920000 were 20465437 with a Short Ratio of 3.67, 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
According to the company, the forward annual dividend rate for BORR is 0.14, from 0.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017316017The 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
A detailed examination of Borr Drilling Ltd (BORR) is currently in progress, with 2 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.04, with high estimates of $0.06 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.23 and $0.2 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.0, with 4.0 analysts recommending between $0.1 and -$0.07.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $260.27M this quarter.It ranges from a high estimate of $271M to a low estimate of $250.82M. As of the current estimate, Borr Drilling Ltd’s year-ago sales were $241.6MFor the next quarter, 3 analysts are estimating revenue of $250.35M. There is a high estimate of $253.9M for the next quarter, whereas the lowest estimate is $248M.
A total of 3 analysts have provided revenue estimates for BORR’s current fiscal year. The highest revenue estimate was $1B, while the lowest revenue estimate was $984.26M, resulting in an average revenue estimate of $990.95M. 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 $947M.
