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Borr Drilling Ltd (NYSE: BORR) closed the day trading at $1.99 down -7.87% from the previous closing price of $2.16. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 3.28 million shares were traded. BORR stock price reached its highest trading level at $2.18 during the session, while it also had its lowest trading level at $1.97.
Ratios:
For a better understanding of BORR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.05.
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 529787744 and an Enterprise Value of 2422124032. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.66, and their Forward P/E ratio for the next fiscal year is 137.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.49. Its current Enterprise Value per Revenue stands at 2.439 whereas that against EBITDA is 5.003.
Stock Price History:
The Beta on a monthly basis for BORR is 1.90, which has changed by -0.69431645 over the last 52 weeks, in comparison to a change of 0.16821623 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $6.93, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 0.82%, while the 200-Day Moving Average is calculated to be -30.88%.
Shares Statistics:
Over the past 3-months, BORR traded about 5.36M shares per day on average, while over the past 10 days, BORR traded about 3230130 shares per day. A total of 239.31M shares are outstanding, with a floating share count of 224.12M. Insiders hold about 9.05% of the company’s shares, while institutions hold 71.87% stake in the company. Shares short for BORR as of 1752537600 were 22651050 with a Short Ratio of 4.23, compared to 1749772800 on 19960715. Therefore, it implies a Short% of Shares Outstanding of 22651050 and a Short% of Float of 11.229999.
Dividends & Splits
BORR’s forward annual dividend rate is 0.14, up from 0.14 a year ago. Against a Trailing Annual Dividend Yield of 0.06481481The current Payout Ratio is 73.35% for BORR, which recently paid a dividend on 2024-11-29 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
Borr Drilling Ltd (BORR) is presently subject to a detailed evaluation by 3.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.1, with high estimates of $0.14 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.24 and $0.12 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is -$0.01, with 4.0 analysts recommending between $0.16 and -$0.16.
Revenue Estimates
3 analysts predict $262.24M in revenue for the current quarter. It ranges from a high estimate of $269M to a low estimate of $255.1M. As of the current estimate, Borr Drilling Ltd’s year-ago sales were $271.9MFor the next quarter, 3 analysts are estimating revenue of $263.82M. There is a high estimate of $278M for the next quarter, whereas the lowest estimate is $254.45M.
A total of 4 analysts have provided revenue estimates for BORR’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $977.49M, resulting in an average revenue estimate of $989.97M. 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 $939M.
