The stock of Borr Drilling Ltd (BORR) has gone up by 8.06% for the week, with a 16.52% rise in the past month and a -27.70% drop in the past quarter. The volatility ratio for the week is 4.89%, and the volatility levels for the past 30 days are 4.99% for BORR. The simple moving average for the last 20 days is 5.90% for BORR stock, with a simple moving average of -26.50% 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 above average at 13.30x. The 36-month beta value for BORR is also noteworthy at 2.85. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BORR is 229.74M, and at present, short sellers hold a 6.66% of that float. The average trading volume of BORR on January 07, 2025 was 3.91M shares.
BORR) stock’s latest price update
Borr Drilling Ltd (NYSE: BORR)’s stock price has decreased by -0.99 compared to its previous closing price of 4.06. However, the company has seen a 8.06% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-06 that Borr Drilling stands out as an undervalued offshore driller with improving financials, high utilization rates, and potential growth into the U.S. market under President Trump. Borr’s valuation is quite attractive, looking at extremely low forward P/E and EV/EBITDA ratios or record-low multiples on sales. High levels of management ownership, and the real possibility of increased dividends and share buybacks are solid reasons to consider purchasing shares.
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 previous year 2024.
BORR Trading at 2.98% 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 -45.82% of loss for the given period.
Volatility was left at 4.99%, however, over the last 30 days, the volatility rate increased by 4.89%, as shares surge +19.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.70% lower at present.
During the last 5 trading sessions, BORR rose by +8.33%, which changed the moving average for the period of 200-days by -42.01% in comparison to the 20-day moving average, which settled at $3.80. In addition, Borr Drilling Ltd saw 3.08% in overturn over a single year, with a tendency to cut further gains.
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 2.89. 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
In summary, Borr Drilling Ltd (BORR) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
