Valaris Ltd (NYSE: VAL) is -33.54% lower on its value in year-to-date trading and has touched a low of $45.97 and a high of $84.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VAL stock was last observed hovering at around $46.00 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $45.57, the stock is -6.99% and -11.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -0.93% at the moment leaves the stock -29.90% off its SMA200. VAL registered -34.25% loss for a year compared to 6-month loss of -39.68%. The firm has a 50-day simple moving average (SMA 50) of $51.4106 and a 200-day simple moving average (SMA200) of $65.0094.
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The stock witnessed a -6.06% gain in the last 1 month and extending the period to 3 months gives it a -24.62%, and is -3.45% down 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 3.80% over the week and 4.00% over the month.
Valaris Ltd (VAL) has around 5985 employees, a market worth around $3.21B and $2.26B in sales. Current P/E ratio is 3.13 and Fwd P/E is 8.35. Profit margin for the company is 47.52%. Distance from 52-week low is -0.87% and -45.88% from its 52-week high. The company has generated returns on investments over the last 12 months (32.99%).
Valaris Ltd quarterly earnings per share for the current quarter are estimated at 1.19 with sales reaching $589.18M over the same period.The EPS is expected to shrink by -64.05% this year, but quarterly earnings will post 31.37% year-over-year. Quarterly sales are estimated to grow 21.78% in year-over-year returns.
418.0 institutions hold shares in Valaris Ltd (VAL), with institutional investors hold 107.16% of the company’s shares. The shares outstanding are 72.40M, and float is at 64.71M with Short Float at 13.30%. Institutions hold 97.61% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.41 million shares valued at $552.25 million. The investor’s holdings represent 10.2386 of the VAL Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.36 million shares valued at $473.97 million to account for 8.7872 of the shares outstanding. The other top investors are ORBIS ALLAN GRAY LTD which holds 5.82 million shares representing 8.0349 and valued at over $433.39 million, while FMR LLC holds 6.901 of the shares totaling 5.0 million with a market value of $372.23 million.
Valaris Ltd (VAL) Insider Activity
The most recent transaction is an insider sale by Weber Christopher T, the company’s SVP – CFO. SEC filings show that Weber Christopher T sold 4,000 shares of the company’s common stock on Nov 05 ’24 at a price of $49.50 per share for a total of $0.2 million. Following the sale, the insider now owns 52236.0 shares.
Still, SEC filings show that on Sep 30 ’24, Lyne Matthew (SVP – CCO) disposed off 26,000 shares at an average price of $55.77 for $1.45 million. The insider now directly holds 24,388 shares of Valaris Ltd (VAL).
