The closing price of Seadrill Ltd. (NYSE: SDRL) was $47.29 for the day, up 0.72% from the previous closing price of $46.95. In other words, the price has increased by $+0.34 from its previous closing price. On the day, 737497 shares were traded.
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Ratios:
Our analysis of SDRL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.83. For the most recent quarter (mrq), Quick Ratio is recorded 3.73 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 this company, Stifel on December 06, 2023, initiated with a Buy rating and assigned the stock a target price of $72.
On July 05, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $48.10.
On March 17, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $50.BTIG Research initiated its Buy rating on March 17, 2023, with a $50 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 3.39B and an Enterprise Value of 3.16B. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.89, and their Forward P/E ratio for the next fiscal year is 7.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.33 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 3.14 whereas that against EBITDA is 0.91.
Stock Price History:
Over the past 52 weeks, SDRL has reached a high of $50.72, while it has fallen to a 52-week low of $33.78. The 50-Day Moving Average of the stock is 44.47, while the 200-Day Moving Average is calculated to be 43.61.
Shares Statistics:
SDRL traded an average of 736.85K shares per day over the past three months and 1.04M shares per day over the past ten days. A total of 74.05M shares are outstanding, with a floating share count of 71.68M. Insiders hold about 3.20% of the company’s shares, while institutions hold 93.19% stake in the company. Shares short for SDRL as of Feb 29, 2024 were 4.11M with a Short Ratio of 5.58, compared to 4.16M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.70% and a Short% of Float of 6.17%.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. The consensus estimate for the next quarter is $0.54, with high estimates of $0.6 and low estimates of $0.42.
Analysts are recommending an EPS of between $3.13 and $1.69 for the fiscal current year, implying an average EPS of $2.34. EPS for the following year is $6.34, with 3 analysts recommending between $6.76 and $5.59.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $385M to a low estimate of $355M. As of the current estimate, Seadrill Ltd.’s year-ago sales were $266M, an estimated increase of 39.70% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $357.67M, a decrease of -13.60% less than the figure of $39.70% in the same quarter last year. There is a high estimate of $377M for the next quarter, whereas the lowest estimate is $342M.
A total of 3 analysts have provided revenue estimates for SDRL’s current fiscal year. The highest revenue estimate was $1.51B, while the lowest revenue estimate was $1.45B, resulting in an average revenue estimate of $1.48B. In the same quarter a year ago, actual revenue was $1.5B, down -1.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.78B in the next fiscal year. The high estimate is $1.92B and the low estimate is $1.7B. The average revenue growth estimate for next year is up 20.40% from the average revenue estimate for this year.
