Seadrill Ltd [SDRL] stock prices are up 7.80% to $20.88 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SDRL shares have gain 11.42% over the last week, with a monthly amount drifted -16.58%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Seadrill Ltd [SDRL] has been fluctuating between $17.74 and $56.46 over the past year. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Seadrill Ltd [NYSE: SDRL] shares were valued at $20.88 at the most recent close of the market. An investor can expect a potential return of 211.3% based on the average SDRL price forecast.
Analyzing the SDRL fundamentals
The Seadrill Ltd [NYSE:SDRL] reported sales of 1.39B for trailing twelve months, representing a drop of -29.17%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.15 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
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 19.90 points at the first support level, and at 18.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.47, and for the 2nd resistance point, it is at 22.05.
Ratios To Look Out For
It’s worth pointing out that Seadrill Ltd [NYSE:SDRL]’s Current Ratio is 1.69. Further, the Quick Ratio stands at 1.69, while the Cash Ratio is 0.95. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 0.44 and price to earnings (TTM) ratio is 3.27.
