At the time of writing, Seadrill Ltd [SDRL] stock is trading at $40.34, up 0.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The SDRL shares have gain 1.00% over the last week, with a monthly amount glided 9.32%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Seadrill Ltd [NYSE: SDRL] stock has seen the most recent analyst activity on September 12, 2024, when Citigroup upgraded its rating to a Buy. On December 06, 2023, Stifel initiated with a Buy rating and assigned a price target of $72 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $48.10 on July 05, 2023. BTIG Research initiated its recommendation with a Buy and recommended $50 as its price target on March 17, 2023. BWS Financial started tracking with a Buy rating for this stock on January 18, 2023, and assigned it a price target of $50.
For the past year, the stock price of Seadrill Ltd fluctuated between $34.74 and $56.46. Currently, Wall Street analysts expect the stock to reach $56.33 within the next 12 months. Seadrill Ltd [NYSE: SDRL] shares were valued at $40.34 at the most recent close of the market. An investor can expect a potential return of 39.64% based on the average SDRL price forecast.
Analyzing the SDRL fundamentals
According to Seadrill Ltd [NYSE:SDRL], the company’s sales were 1.50B for trailing twelve months, which represents an -14.49% plunge. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.16 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 39.74 points at the first support level, and at 39.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.87, and for the 2nd resistance point, it is at 41.41.
Ratios To Look Out For
It is important to note that Seadrill Ltd [NYSE:SDRL] has a current ratio of 2.53. On the other hand, the Quick Ratio is 2.53, and the Cash Ratio is 2.07. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 6.98.
