Valaris Ltd [VAL] stock prices are down -1.34% to $43.57 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VAL shares have gain 3.79% over the last week, with a monthly amount drifted -11.98%, 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 December 09, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $47 from $58. Previously, JP Morgan started tracking the stock with Underweight rating on December 06, 2024, and set its price target to $40. On October 15, 2024, downgrade downgraded it’s rating to Hold. Susquehanna started tracking the stock assigning a Neutral rating and suggested a price target of $62 on September 24, 2024. Pickering Energy Partners downgraded its rating to a Neutral. CapitalOne started tracking with a Overweight rating for this stock on November 28, 2023, and assigned it a price target of $100. In a note dated November 09, 2023, Barclays upgraded an Overweight rating on this stock and boosted its target price from $84 to $106.
The stock price of Valaris Ltd [VAL] has been fluctuating between $41.66 and $84.20 over the past year. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Valaris Ltd [NYSE: VAL] shares were valued at $43.57 at the most recent close of the market. An investor can expect a potential return of 42.3% based on the average VAL price forecast.
Analyzing the VAL fundamentals
The Valaris Ltd [NYSE:VAL] reported sales of 2.26B for trailing twelve months, representing a surge of 41.31%. Gross Profit Margin for this corporation currently stands at 0.18% 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 0.25, Equity is 0.52 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.51.
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 42.96 points at the first support level, and at 42.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.36, and for the 2nd resistance point, it is at 45.16.
Ratios To Look Out For
It’s worth pointing out that Valaris Ltd [NYSE:VAL]’s Current Ratio is 1.54. Also, the Quick Ratio is 1.54, while the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 1.47 and price to earnings (TTM) ratio is 2.99.
Transactions by insiders
Recent insider trading involved Weber Christopher T, SVP – CFO, that happened on Nov 05 ’24 when 4000.0 shares were sold. Officer, Weber Christopher T completed a deal on Nov 05 ’24 to buy 4000.0 shares. Meanwhile, SVP – CCO Lyne Matthew sold 26000.0 shares on Sep 30 ’24.
