Seadrill Ltd (NYSE: SDRL) is -50.58% lower on its value in year-to-date trading and has touched a low of $21.60 and a high of $56.46 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 SDRL stock was last observed hovering at around $22.30 in the last trading session, with the day’s loss setting it -3.06%.
Currently trading at $19.24, the stock is -21.30% and -32.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.63 million and changing -13.72% at the moment leaves the stock -50.50% off its SMA200. SDRL registered -63.93% loss for a year compared to 6-month loss of -51.73%. The firm has a 50-day simple moving average (SMA 50) of $28.4026 and a 200-day simple moving average (SMA200) of $38.86645.
The stock witnessed a -21.31% gain in the last 1 month and extending the period to 3 months gives it a -50.84%, and is -23.74% 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 6.77% over the week and 4.53% over the month.
Seadrill Ltd (SDRL) has around 3300 employees, a market worth around $1.19B and $1.39B in sales. Current P/E ratio is 3.02 and Fwd P/E is 4.85. Profit margin for the company is 32.20%. Distance from 52-week low is -10.93% and -65.92% from its 52-week high. The company has generated returns on investments over the last 12 months (12.61%).
with sales reaching $325.68M over the same period.The EPS is expected to shrink by -70.05% this year, but quarterly earnings will post -2.79% year-over-year. Quarterly sales are estimated to shrink -11.26% in year-over-year returns.
Seadrill Ltd (SDRL) Top Institutional Holders
254.0 institutions hold shares in Seadrill Ltd (SDRL), with institutional investors hold 98.56% of the company’s shares. The shares outstanding are 68.83M, and float is at 65.49M with Short Float at 8.08%. Institutions hold 98.37% of the Float.
The top institutional shareholder in the company is CANYON CAPITAL ADVISORS LLC with over 4.9 million shares valued at $252.23 million. The investor’s holdings represent 6.9967% of the SDRL Shares outstanding. As of 2024-06-30, the second largest holder is ELLIOTT INVESTMENT MANAGEMENT L.P. with 4.05 million shares valued at $208.63 million to account for 5.7871 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.89 million shares representing 5.5588% and valued at over $200.4 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.0241 of the shares totaling 3.52 million with a market value of $181.12 million.
Seadrill Ltd (SDRL) Insider Activity
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