In the last trading session, 4.68 million shares of the Borr Drilling Ltd (NYSE:BORR) were traded, and its beta was 2.65. Most recently the company’s share price was $3.24, and it changed around -$0.01 or -0.31% from the last close, which brings the market valuation of the company to $798.44M. BORR currently trades at a discount to its 52-week high of $7.26, offering almost -124.07% off that amount. The share price’s 52-week low was $3.22, which indicates that the current value has risen by an impressive 0.62% since then. We note from Borr Drilling Ltd’s average daily trading volume that its 10-day average is 5.55 million shares, with the 3-month average coming to 4.83 million.
Borr Drilling Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BORR as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Borr Drilling Ltd is expected to report earnings per share of 0.1 for the current quarter.
Borr Drilling Ltd (NYSE:BORR) trade information
Instantly BORR has showed a red trend with a performance of -0.31% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.60 on recent trading dayincreased the stock’s daily price by 10.0%. The company’s shares are currently down -16.92% year-to-date, but still down -3.86% over the last five days. On the other hand, Borr Drilling Ltd (NYSE:BORR) is -16.06% down in the 30-day period. We can see from the shorts that 19.02 million shares have been sold at a short interest cover period of 4.21 day(s).
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 64.0% from its current value. Analyst projections state that BORR is forecast to be at a low of $9 and a high of $9.
Borr Drilling Ltd (BORR) estimates and forecasts
The year-over-year growth rate is expected to be 29.30%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 249.3M in revenue for the current quarter. 3 analysts expect Borr Drilling Ltd to make 236.57M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 220.6M and 234M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 13.01%. Forecasts for the next quarter put sales growth at 1.10%.
BORR Dividends
Borr Drilling Ltd’s next quarterly earnings report is expected to be released in March.
