Investor’s Delight: Valaris Ltd (VAL) Closes Weak at 63.48, Down -0.33

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The closing price of Valaris Ltd (NYSE: VAL) was $63.48 for the day, down -0.33% from the previous closing price of $63.69. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.81 million shares were traded. VAL stock price reached its highest trading level at $64.68 during the session, while it also had its lowest trading level at $62.81.

Ratios:

Our analysis of VAL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.52.

On November 28, 2023, CapitalOne started tracking the stock assigning a Overweight rating and target price of $100.

Barclays Upgraded its Equal Weight to Overweight on November 09, 2023, whereas the target price for the stock was revised from $84 to $106.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VAL now has a Market Capitalization of 4618214912 and an Enterprise Value of 5383314944. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.58, and their Forward P/E ratio for the next fiscal year is 6.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 2.596 whereas that against EBITDA is 18.423.

Stock Price History:

Over the past 52 weeks, VAL has reached a high of $84.20, while it has fallen to a 52-week low of $60.06. The 50-Day Moving Average of the stock is -13.40%, while the 200-Day Moving Average is calculated to be -9.08%.

Shares Statistics:

VAL traded an average of 1.05M shares per day over the past three months and 1355130 shares per day over the past ten days. A total of 72.40M shares are outstanding, with a floating share count of 66.63M. Insiders hold about 8.41% of the company’s shares, while institutions hold 98.18% stake in the company. Shares short for VAL as of 1722384000 were 7638588 with a Short Ratio of 7.29, compared to 1719532800 on 7836168. Therefore, it implies a Short% of Shares Outstanding of 7638588 and a Short% of Float of 11.700000000000001.

Earnings Estimates

At present, 6.0 analysts are actively evaluating the performance of Valaris Ltd (VAL) in the stock market.The consensus estimate for the next quarter is $1.56, with high estimates of $1.75 and low estimates of $1.22.

Analysts are recommending an EPS of between $5.0 and $3.31 for the fiscal current year, implying an average EPS of $4.38. EPS for the following year is $8.93, with 7.0 analysts recommending between $11.17 and $7.11.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. It ranges from a high estimate of $620M to a low estimate of $588M. As of the current estimate, Valaris Ltd’s year-ago sales were $455.1MFor the next quarter, 5 analysts are estimating revenue of $615.7M. There is a high estimate of $629M for the next quarter, whereas the lowest estimate is $581M.

A total of 7 analysts have provided revenue estimates for VAL’s current fiscal year. The highest revenue estimate was $2.38B, while the lowest revenue estimate was $2.3B, resulting in an average revenue estimate of $2.35B. In the same quarter a year ago, actual revenue was $1.78BBased on 7 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.89B and the low estimate is $2.53B.

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