The stock of Seadrill Ltd (NYSE: SDRL) has increased by 1.20 when compared to last closing price of 39.17. Despite this, the company has experienced a -5.84% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that Start Time: 09:00 January 1, 0000 9:43 AM ET Seadrill Limited (NYSE:SDRL ) Q3 2024 Earnings Call November 13, 2024, 09:00 AM ET Company Participants Simon Johnson – President and CEO Grant Creed – EVP and CFO Samir Ali – EVP and CCO Lydia Mabry – Director of IR Conference Call Participants David Smith – Pickering Energy Partners Kurt Hallead – Benchmark Fredrik Stene – Clarksons Securities Hamed Khorsand – BWS Financial Josh Jayne – Daniel Energy Partners Noel Parks – Tuohy Brothers Investment Research Operator Hello, and welcome to the Seadrill Third Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
Is It Worth Investing in Seadrill Ltd (NYSE: SDRL) Right Now?
Seadrill Ltd (NYSE: SDRL) has a higher price-to-earnings ratio of 6.86x compared to its average ratio, Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for SDRL is 65.19M, and currently, shorts hold a 6.41% of that float. The average trading volume for SDRL on November 14, 2024 was 1.16M shares.
SDRL’s Market Performance
The stock of Seadrill Ltd (SDRL) has seen a -5.84% decrease in the past week, with a 8.48% rise in the past month, and a -11.16% fall in the past quarter. The volatility ratio for the week is 3.70%, and the volatility levels for the past 30 days are at 3.08% for SDRL. The simple moving average for the past 20 days is 2.68% for SDRL’s stock, with a -14.09% simple moving average for the past 200 days.
Analysts’ Opinion of SDRL
Stifel gave a rating of “Buy” to SDRL, setting the target price at $72 in the report published on December 06th of the previous year.
SDRL Trading at 1.61% from the 50-Day Moving Average
After a stumble in the market that brought SDRL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.79% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 3.70%, as shares surge +7.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.90% lower at present.
During the last 5 trading sessions, SDRL fell by -5.84%, which changed the moving average for the period of 200-days by -10.32% in comparison to the 20-day moving average, which settled at $38.61. In addition, Seadrill Ltd saw -16.16% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SDRL
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.29 for the gross margin
The net margin for Seadrill Ltd stands at 0.3. The total capital return value is set at 0.14. Equity return is now at value 13.87, with 9.86 for asset returns.
Based on Seadrill Ltd (SDRL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.61. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 8.65.
Currently, EBITDA for the company is 494.0 million with net debt to EBITDA at -0.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.6. The receivables turnover for the company is 7.24for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.53.
Conclusion
In conclusion, Seadrill Ltd (SDRL) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
