Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $29.03 in the prior trading day, Seadrill Ltd (NYSE: SDRL) closed at $29.01, down -0.07%. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 0.85 million shares were traded. SDRL stock price reached its highest trading level at $29.605 during the session, while it also had its lowest trading level at $28.02.
Ratios:
Our goal is to gain a better understanding of SDRL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.22.
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 1805158912 and an Enterprise Value of 2032402816. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.86, and their Forward P/E ratio for the next fiscal year is 20.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 1.577 whereas that against EBITDA is 8.002.
Stock Price History:
Over the past 52 weeks, SDRL has reached a high of $45.58, while it has fallen to a 52-week low of $17.74. The 50-Day Moving Average of the stock is 1.99%, while the 200-Day Moving Average is calculated to be -4.19%.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 948960 shares per day over the last 10 days, according to various share statistics. A total of 68.83M shares are outstanding, with a floating share count of 65.47M. Insiders hold about 4.89% of the company’s shares, while institutions hold 95.23% stake in the company. Shares short for SDRL as of 1753920000 were 7808888 with a Short Ratio of 7.77, compared to 1751241600 on 7313299. Therefore, it implies a Short% of Shares Outstanding of 7808888 and a Short% of Float of 12.57.
Earnings Estimates
At present, 2.0 analysts are actively evaluating the performance of Seadrill Ltd (SDRL) in the stock market.The consensus estimate for the next quarter is $0.09, with high estimates of $0.19 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.46 and -$0.15 for the fiscal current year, implying an average EPS of $0.2. EPS for the following year is $2.64, with 5.0 analysts recommending between $8.62 and $0.72.
Revenue Estimates
3 analysts predict $338.23M in revenue for the current quarter. It ranges from a high estimate of $344.7M to a low estimate of $329M. As of the current estimate, Seadrill Ltd’s year-ago sales were $354MFor the next quarter, 3 analysts are estimating revenue of $319.87M. There is a high estimate of $326.6M for the next quarter, whereas the lowest estimate is $308M.
A total of 3 analysts have provided revenue estimates for SDRL’s current fiscal year. The highest revenue estimate was $1.38B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.37B. In the same quarter a year ago, actual revenue was $1.39BBased on 6 analysts’ estimates, the company’s revenue will be $1.44B in the next fiscal year. The high estimate is $1.92B and the low estimate is $1.21B.
