For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The closing price of Seadrill Ltd (NYSE: SDRL) was $30.92 for the day, up 0.88% from the previous closing price of $30.65. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.79 million shares were traded. SDRL stock price reached its highest trading level at $31.73 during the session, while it also had its lowest trading level at $30.17.
Ratios:
Our analysis of SDRL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.81 and its Current Ratio is at 1.81. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
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 1940956672 and an Enterprise Value of 1847414144. As of this moment, Seadrill’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.79, and their Forward P/E ratio for the next fiscal year is 15.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 1.434 whereas that against EBITDA is 5.72.
Stock Price History:
Over the past 52 weeks, SDRL has reached a high of $56.46, while it has fallen to a 52-week low of $17.74. The 50-Day Moving Average of the stock is 20.98%, while the 200-Day Moving Average is calculated to be -1.73%.
Shares Statistics:
SDRL traded an average of 1.06M shares per day over the past three months and 1003490 shares per day over the past ten days. A total of 68.83M shares are outstanding, with a floating share count of 65.49M. Insiders hold about 4.86% of the company’s shares, while institutions hold 96.25% stake in the company. Shares short for SDRL as of 1749772800 were 6160495 with a Short Ratio of 5.82, compared to 1747267200 on 5073438. Therefore, it implies a Short% of Shares Outstanding of 6160495 and a Short% of Float of 9.92.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0