Seadrill Ltd. (SDRL) Performance and Fundamentals Dashboard tells a completely different story

With 1.06 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.67 million shares. During the session, the Oil & Gas Drilling company that operates in wider Energy sector, reached to the highest price of $51.99 whereas the lowest price it dropped to was $48.9741. The 52-week range on SDRL shows that it touched its highest point at $53.58 and its lowest point at $34.48 during that stretch. It currently has a 1-year price target of $60.16.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SDRL was down-trending over the past week, with a drop of -0.49%, but this was down by -0.33% over a month. Three-month performance surged to 18.97% while six-month performance rose 25.25%. The stock gained 43.76% in the past year, while it has gained 7.85% so far this year. A look at the trailing 12-month EPS for SDRL yields 4.02 with Next year EPS estimates of 6.16. For the next quarter, that number is 0.57. This implies an EPS growth rate of -37.81% for this year and 140.26% for next year.

Float and Shares Shorts:

At present, 74.05 million SDRL shares are outstanding with a float of 69.74 million shares on hand for trading. On 2024-04-30, short shares totaled 4.13 million, which was 588.0 higher than short shares on 1711584000. In addition to Mr. Simon William Johnson as the firm’s President & CEO, Mr. Grant Russe Creed serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.97468 of SDRL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, SDRL reported revenue of $408000000.0 and operating income of $55000000.0. The EBITDA in the recently reported quarter was $115000000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SDRL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.