Seadrill (SDRL) Stock Price, News & Analysis

Company Overview

Seadrill Ltd. engages in the provision of offshore drilling services to the oil and gas industry. It operates through the following segments: Floaters, Jack-up rigs, and Other. The Floaters segment encompasses drilling, completion, and maintenance of offshore exploration and production wells. the Jack-up Rigs segment includes drilling contracts relate to jack-up rigs for operations in harsh and benign environments in shallow water. The Other segment represents management services to third parties and related parties. The company was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

Key Stats

• Today's Range: $40.32 to $41.83
• 50-Day Range: $0.51 to $0.51
• 52-Week Range: $0.28 to $5.00
• Volume: 1.10 million shs
• Average Volume: 1.24 million shs
• Market Capitalization: $3.07 billion
• P/E Ratio: 7.25
• Dividend Yield: N/A
• Price Target: $66.25
• Consensus Rating: Buy

Seadrill Stock Analysis - MarketRank™

Seadrill scored higher than 68% of companies evaluated by MarketBeat, and ranked 120th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Seadrill has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Seadrill has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 110.22%

Earnings Growth

Earnings for Seadrill are expected to grow by 110.22% in the coming year, from $1.86 to $3.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Seadrill is 7.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Seadrill is 7.25, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.45.

Price to Book Value per Share Ratio

Seadrill has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.41% of the float of Seadrill has been sold short.

Short Interest Ratio / Days to Cover

Seadrill has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seadrill has recently increased by 1.95%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Seadrill does not currently pay a dividend.

Dividend Growth

Seadrill does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.41% of the float of Seadrill has been sold short.

Short Interest Ratio / Days to Cover

Seadrill has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Seadrill has recently increased by 1.95%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for SDRL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

2 people have added Seadrill to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Seadrill insiders have not sold or bought any company stock.

Percentage Held by Institutions

95.67% of the stock of Seadrill is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SDRL Stock Analysis - Frequently Asked Questions

How were Seadrill's earnings last quarter?

Seadrill Limited (NYSE:SDRL) announced its quarterly earnings data on Tuesday, November, 12th. The oil and gas company reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.44. The business's revenue for the quarter was down 14.5% on a year-over-year basis.

Who are Seadrill's major shareholders?

Top institutional shareholders of Seadrill include Wellington Management Group LLP (4.81%), State Street Corp (1.58%), Barclays PLC (1.26%) and Geode Capital Management LLC (1.12%).

What other stocks do shareholders of Seadrill own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Seadrill investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), General Electric (GE), Broadcom (AVGO), Arista Networks (ANET) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Drilling oil & gas wells
• Sub-Industry: N/A
• Current Symbol: NYSE:SDRL
• CUSIP: N/A
• CIK: 1351413
• Web: www.seadrill.com
• Phone: (441) 295-6935
• Fax: 1-441-295-3494
• Employees: 2,505
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $66.25
• High Stock Price Target: $80.00
• Low Stock Price Target: $52.00
• Potential Upside/Downside: +59.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.74
• Trailing P/E Ratio: 7.25
• Forward P/E Ratio: 22.38
• P/E Growth: N/A
• Net Income: $300 million
• Net Margins: 27.79%
• Pretax Margin: 27.86%
• Return on Equity: 7.24%
• Return on Assets: 5.12%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 2.53
• Quick Ratio: 2.53

Sales & Book Value

• Annual Sales: $1.50 billion
• Price / Sales: 2.04
• Cash Flow: $6.47 per share
• Price / Cash Flow: 6.43
• Book Value: $39.52 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 73,710,000
• Free Float: N/A
• Market Cap: $3.07 billion
• Optionable: Optionable
• Beta: 1.43