At the time of writing, Valaris Ltd [VAL] stock is trading at $50.60, up 3.71%. An important factor to consider is whether the stock is rising or falling in short-term value. The VAL shares have gain 0.28% over the last week, with a monthly amount drifted -8.18%, 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 October 15, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Susquehanna started tracking the stock with Neutral rating on September 24, 2024, and set its price target to $62. On July 16, 2024, downgrade downgraded it’s rating to Neutral. CapitalOne started tracking the stock assigning a Overweight rating and suggested a price target of $100 on November 28, 2023. Barclays upgraded its rating to a Overweight and raised its price target to $106 on November 09, 2023. Citigroup started tracking with a Buy rating for this stock on July 05, 2023, and assigned it a price target of $85. In a note dated January 19, 2023, The Benchmark Company initiated an Buy rating and provided a target price of $95 on this stock.
For the past year, the stock price of Valaris Ltd fluctuated between $48.43 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 $50.60 at the most recent close of the market. An investor can expect a potential return of 58.1% 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 0.39% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.28, Equity is 0.52 and Total Capital is 0.09. 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 48.91 points at the first support level, and at 47.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.94, and for the 2nd resistance point, it is at 55.29.
Ratios To Look Out For
It is important to note that Valaris Ltd [NYSE:VAL] has a current ratio of 1.62. On the other hand, the Quick Ratio is 1.62, and the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 1.68 and price to earnings (TTM) ratio is 3.65.
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.
