In the latest trading session,, 0.86 million Diamond Offshore Drilling, Inc. (NYSE:DO) shares changed hands as the company’s beta touched 1.35. With the company’s most recent per share price at $14.45 changing hands around $0.74 or 5.42% at last look, the market valuation stands at $1.48B. DO’s current price is a discount, trading about -19.86% off its 52-week high of $17.32. The share price had its 52-week low at $10.75, which suggests the last value was 25.61% up since then. When we look at Diamond Offshore Drilling, Inc.’s average trading volume, we note the 3-month average coming to 1.49 million.

Diamond Offshore Drilling, Inc. (NYSE:DO) trade information

Instantly DO is in green as seen in intraday trades today. With action 17.60%, the performance over the past five days has been green. The jump to weekly highs of 14.90 added 5.42% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.18%, with the 5-day performance at 17.60% in the green. However, in the 30-day time frame, Diamond Offshore Drilling, Inc. (NYSE:DO) is 2.00% up.

Diamond Offshore Drilling, Inc. (DO) estimates and forecasts

Year-over-year growth is forecast to reach -4.90% down from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 258.77M. 4 analysts are of the opinion that Diamond Offshore Drilling, Inc.’s revenue for the current quarter will be 250.25M. The company’s revenue for the corresponding quarters a year ago was 232.02M and 276M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.50%. The estimates for the next quarter sales put growth at -9.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.66%. The 2024 estimates are for Diamond Offshore Drilling, Inc. earnings to increase by 195.31%.