At the time of writing, Valaris Ltd [VAL] stock is trading at $55.91, up 1.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VAL shares have gain 4.00% over the last week, with a monthly amount drifted -1.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Valaris Ltd [NYSE: VAL] stock has seen the most recent analyst activity on September 24, 2024, when Susquehanna initiated its Neutral rating and assigned the stock a price target of $62. Previously, Pickering Energy Partners downgraded its rating to Neutral on July 16, 2024. On November 28, 2023, CapitalOne initiated with a Overweight rating and assigned a price target of $100 on the stock. Barclays upgraded its rating to a Overweight and increased its price target to $106 on November 09, 2023. Citigroup initiated its recommendation with a Buy and recommended $85 as its price target on July 05, 2023. The Benchmark Company started tracking with a Buy rating for this stock on January 19, 2023, and assigned it a price target of $95.
For the past year, the stock price of Valaris Ltd fluctuated between $53.06 and $84.20. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. Valaris Ltd [NYSE: VAL] shares were valued at $55.91 at the most recent close of the market. An investor can expect a potential return of 43.09% based on the average VAL price forecast.
Analyzing the VAL fundamentals
According to Valaris Ltd [NYSE:VAL], the company’s sales were 2.07B for trailing twelve months, which represents an 46.94% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.49%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.55 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.65 points at the first support level, and at 53.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.65, and for the 2nd resistance point, it is at 57.39.
Ratios To Look Out For
It is important to note that Valaris Ltd [NYSE:VAL] has a current ratio of 1.62. As well, the Quick Ratio is 1.62, while the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 1.96, the price to book ratio is 1.86 and price to earnings (TTM) ratio is 4.04.
Transactions by insiders
Recent insider trading involved Lyne Matthew, SVP – CCO, that happened on Sep 30 ’24 when 26000.0 shares were sold. Officer, Lyne Matthew completed a deal on Sep 30 ’24 to buy 26000.0 shares. Meanwhile, SVP & General Counsel Vukadin Davor sold 15403.0 shares on Sep 09 ’24.
