The stock of Seadrill Limited (NYSE:SDRL) last traded at $39.96, down -5.55% from the previous session.
Data from the available sources indicates that Seadrill Limited (NYSE:SDRL) is covered by 6 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $62.00 and a low of $45.60, we find $51.18. Given the previous closing price of $42.31, this indicates a potential upside of 20.96 percent. SDRL stock price is now 3.09% away from the 50-day moving average and 19.82% away from the 200-day moving average. The market capitalization of the company currently stands at $2.00B.
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In total, 0 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $53.06 as their price target over the next twelve months.
With the price target of $50, BWS Financial recently initiated with Buy rating for Seadrill Limited (NYSE: SDRL).
A total of 22.22% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SDRL stock. A new stake in Seadrill Limited shares was purchased by POLUS CAPITAL MANAGEMENT LTD during the first quarter worth $217,706,000. JPMORGAN CHASE & CO invested $63,668,000 in shares of SDRL during the first quarter. In the first quarter, BARCLAYS PLC acquired a new stake in Seadrill Limited valued at approximately $61,800,000. GOLDENTREE ASSET MANAGEMENT LP acquired a new stake in SDRL for approximately $58,891,000. DEUTSCHE BANK AG purchased a new stake in SDRL valued at around $56,548,000 in the second quarter. In total, there are 20 active investors with 69.66% ownership of the company’s stock.
With an opening price of $41.70 on Wednesday morning, Seadrill Limited (NYSE: SDRL) set off the trading day. During the past 12 months, Seadrill Limited has had a low of $22.00 and a high of $45.48. The fifty day moving average price for SDRL is $38.76 and a two-hundred day moving average price translates $34.75 for the stock.
The latest earnings results from Seadrill Limited (NYSE: SDRL) was released for Sep, 2022. For the current quarter, analysts expect SDRL to generate $265M in revenue.
Investors who held shares on 12/05/2013 were paid a $0.95 dividend.
Seadrill Limited(SDRL) Company Profile
Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It offers operation support and management services to third parties, as well as related and non-related companies. As of April 8, 2022, the company owned a fleet of 21 offshore drilling units consisting of two harsh-environment rigs, two benign-environment semi-submersible rigs, six drill-ships, and 11 jack-up rigs. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was incorporated in 2005 and is headquartered in London, the United Kingdom.
