Currently, Borr Drilling Ltd [BORR] is trading at $1.75, down -4.89%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BORR shares have gain 8.02% over the last week, with a monthly amount glided 2.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Borr Drilling Ltd [NYSE: BORR] stock has seen the most recent analyst activity on September 13, 2024, when Evercore ISI upgraded its rating to a Outperform but kept the price target unchanged to $9 for it. Previously, BTIG Research upgraded its rating to Buy on January 06, 2023.
This stock has fluctuated between a low of $1.55 and a high of $7.09 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Borr Drilling Ltd [NYSE: BORR] shares were valued at $1.75 at the most recent close of the market. An investor can expect a potential return of 414.29% based on the average BORR price forecast.
Analyzing the BORR fundamentals
Trailing Twelve Months sales for Borr Drilling Ltd [NYSE:BORR] were 993.20M which represents -7.44% decline. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.13.
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 1.7133 points at the first support level, and at 1.6767 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8133, and for the 2nd resistance point, it is at 1.8767.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Borr Drilling Ltd [NYSE:BORR] is 1.16. Also, the Quick Ratio is 1.16, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 0.43 and price to earnings (TTM) ratio is 10.25.
