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The closing price of Valaris Ltd (NYSE: VAL) was $48.49 for the day, down -2.08% from the previous closing price of $49.52. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 1.61 million shares were traded. VAL stock price reached its highest trading level at $49.42 during the session, while it also had its lowest trading level at $47.66.
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 1.54 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 15, 2025, Downgraded its rating to In-line and sets its target price to $59 from $87 previously.
On December 18, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $59 to $49.
Citigroup Downgraded its Buy to Neutral on December 09, 2024, whereas the target price for the stock was revised from $58 to $47.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 05 ’24 when Weber Christopher T sold 4,000 shares for $49.50 per share. The transaction valued at 198,000 led to the insider holds 52,236 shares of the business.
Weber Christopher T bought 4,000 shares of VAL for $197,869 on Nov 05 ’24. On Sep 30 ’24, another insider, Lyne Matthew, who serves as the SVP – CCO of the company, sold 26,000 shares for $55.77 each. As a result, the insider received 1,449,994 and left with 24,388 shares of the company.
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 3448531456 and an Enterprise Value of 4249930752. As of this moment, Valaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.33, and their Forward P/E ratio for the next fiscal year is 10.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 1.879 whereas that against EBITDA is 10.543.
Stock Price History:
The Beta on a monthly basis for VAL is 1.10, which has changed by -0.25264108 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, VAL has reached a high of $84.20, while it has fallen to a 52-week low of $39.90. The 50-Day Moving Average of the stock is 5.39%, while the 200-Day Moving Average is calculated to be -20.68%.
Shares Statistics:
VAL traded an average of 1.59M shares per day over the past three months and 1451560 shares per day over the past ten days. A total of 71.40M shares are outstanding, with a floating share count of 63.83M. Insiders hold about 10.24% of the company’s shares, while institutions hold 97.32% stake in the company. Shares short for VAL as of 1735603200 were 9800793 with a Short Ratio of 6.15, compared to 1732838400 on 8892595. Therefore, it implies a Short% of Shares Outstanding of 9800793 and a Short% of Float of 15.39.
