In the past week, BORR stock has gone down by -3.73%, with a monthly decline of -11.30% and a quarterly plunge of -29.77%. The volatility ratio for the week is 5.02%, and the volatility levels for the last 30 days are 4.67% for Borr Drilling Ltd The simple moving average for the last 20 days is -5.25% for BORR’s stock, with a simple moving average of -36.92% for the last 200 days.
Is It Worth Investing in Borr Drilling Ltd (NYSE: BORR) Right Now?
The price-to-earnings ratio for Borr Drilling Ltd (NYSE: BORR) is 11.95x, which is above its average ratio. Moreover, the 36-month beta value for BORR is 2.92. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for BORR is 234.26M and currently, short sellers hold a 4.41% of that float. On December 09, 2024, BORR’s average trading volume was 3.10M shares.
BORR) stock’s latest price update
Borr Drilling Ltd (NYSE: BORR) has experienced a rise in its stock price by 7.44 compared to its previous closing price of 3.36. However, the company has seen a fall of -3.73% in its stock price over the last five trading days. invezz.com reported 2024-11-26 that Borr Drilling Ltd (NYSE: BORR) is positioned for exceptional returns in 2025, as per Thiago Mordehachvili – the chief investment officer of London-based Granular Capital. He recommends investing in the offshore drilling vessels company as more than 30% of the global jack-up fleet is close to retirement.
Analysts’ Opinion of BORR
Many brokerage firms have already submitted their reports for BORR stocks, with Evercore ISI repeating the rating for BORR by listing it as a “Outperform.” The predicted price for BORR in the upcoming period, according to Evercore ISI is $9 based on the research report published on September 13, 2024 of the current year 2024.
BORR Trading at -18.90% from the 50-Day Moving Average
After a stumble in the market that brought BORR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.21% of loss for the given period.
Volatility was left at 4.67%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares sank -9.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.39% lower at present.
During the last 5 trading sessions, BORR fell by -4.67%, which changed the moving average for the period of 200-days by -42.43% in comparison to the 20-day moving average, which settled at $3.81. In addition, Borr Drilling Ltd saw -50.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BORR
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 0.53 for the gross margin
The net margin for Borr Drilling Ltd stands at 0.09. The total capital return value is set at 0.12. Equity return is now at value 8.83, with 2.64 for asset returns.
Based on Borr Drilling Ltd (BORR), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 2.02. The interest coverage ratio of the stock is 1.87.
Currently, EBITDA for the company is 361.24 million with net debt to EBITDA at 3.89. When we switch over and look at the enterprise to sales, we see a ratio of 2.79. The receivables turnover for the company is 2.76for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To wrap up, the performance of Borr Drilling Ltd (BORR) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
