rts logo

A peek at Valaris Ltd (VAL): Who has invested in It?

Valaris Ltd (NYSE: VAL) is 11.80% higher on its value in year-to-date trading and has touched a low of $54.13 and a high of $78.92 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VAL stock was last observed hovering at around $74.59 in the last trading session, with the day’s gains setting it 2.07%.

Currently trading at $76.66, the stock is 7.79% and 13.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 2.78% at the moment leaves the stock 10.91% off its SMA200. VAL registered 17.83% gain for a year compared to 6-month loss of 5.07%. The firm has a 50-day simple moving average (SMA 50) of $3.33 and a 200-day simple moving average (SMA200) of $23.35.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The stock witnessed a 16.17% gain in the last 1 month and extending the period to 3 months gives it a 12.59%, and is 6.50% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 2.91% over the month.

Valaris Ltd (VAL) has around 5985 employees, a market worth around $5.55B and $1.78B in sales. Current P/E ratio is 6.55 and Fwd P/E is 7.49. Profit margin for the company is 48.50%. Distance from 52-week low is 41.62% and -2.86% from its 52-week high. The company has generated returns on investments over the last 12 months (27.77%).

Valaris Ltd quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $498.21M over the same period.The EPS is expected to shrink by -63.77% this year, but quarterly earnings will post 29.50% year-over-year. Quarterly sales are estimated to grow 15.80% in year-over-year returns.

389 institutions hold shares in Valaris Ltd (VAL), with institutional investors hold 98.77% of the company’s shares. The shares outstanding are 72.40M, and float is at 66.17M with Short Float at 6.35%. Institutions hold 90.99% of the Float.

The top institutional shareholder in the company is Oak Hill Advisors, L.P. with over 8.99 million shares valued at $565.5 million. The investor’s holdings represent 12.15% of the VAL Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 6.88 million shares valued at $432.84 million to account for 9.30% of the shares outstanding. The other top investors are Orbis Allan Gray Ltd which holds 5.08 million shares representing 6.86% and valued at over $319.45 million, while FMR, LLC holds 3.91% of the shares totaling 2.89 million with a market value of $182.1 million.

Valaris Ltd (VAL) Insider Activity

The most recent transaction is an insider sale by Grable Colleen, the company’s VP – Controller. SEC filings show that Grable Colleen sold 5,034 shares of the company’s common stock on Aug 09 ’23 at a price of $75.00 per share for a total of $0.38 million. Following the sale, the insider now owns 15074.0 shares.

Valaris Ltd disclosed in a document filed with the SEC on Aug 07 ’23 that OAK HILL ADVISORS LP (10% Owner) sold a total of 4,200,000 shares of the company’s common stock. The trade occurred on Aug 07 ’23 and was made at $73.10 per share for $307.02 million. Following the transaction, the insider now directly holds 4.77 million shares of the VAL stock.

Related Posts