Borr Drilling Ltd (NYSE:BORR) currently has a daily average trading volume of 5.59M but it saw 4280526 shares traded in last market. With a market cap of 503.17M USD, the company’s current market price of $1.89 came falling about -2.58 while comparing to the previous closing price of $1.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.09 and as low as $1.55. In the recent trading on the day, stock has struck highest price mark of $1.85 while lowest mark touched by it was $1.945.
Evercore ISI upgraded its recommendation for the stock as a “Outperform” from “In-line” on September 13, 2024 while assigning a price target of $9.
Over the week, BORR’s stock price is moving -10.00% down while it is -16.37% when we observe its performance for the past one month. Year-to-date it is -71.28% down and over the past year, the stock is showing a downside performance of -51.54%.
The company is expected to be releasing its next quarterly report on 2025-May-21, for which analysts forecasted an EPS of 0.1 while estimate for next year EPS is 0.17. In next quarter, company is expected to be making quarterly sales of $262.52M as analysts are expecting the sales for current fiscal year at $979.13M and seeing the company making $1.03B in sales next year. Moreover, analysts are in estimates of $262.84M for current-quarter revenue.
Currently, Borr Drilling Ltd’s total number of outstanding shares is 239.31M with 8.11% of that held by the insiders while 75.58% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.71% and return on equity (ROE) at 5.17%. It has a price to earnings ratio (P/E ratio) of 11.07 while having a 130.17 of forward P/E ratio. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 0.46 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is 1.52% on average.
