With over 0.25 million Seadrill Limited (SDRL) shares trading Friday and a closing price of $34.37 on the day, the dollar volume was approximately $8.43 million. Currently, there are 50.00M common shares owned by the public and among those 30.67M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 5 analysts who have offered their price forecasts for SDRL have a consensus price objective of $48.46. The analysts have set the share’s price value over the next 12 months at a high of $51.61 and a low of $45.60. But an upside of 33.4% will see the stock hit the forecast high price target while median target price for the stock is $48.55.
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The top 3 mutual fund holders in Seadrill Limited are Alfred Berg Gambak, KLP AksjeNorge, and Danske Invest Norske Aksjer Insti. Alfred Berg Gambak owns 0.3 million shares of the company’s stock, all valued at over $9.27 million. KLP AksjeNorge bought 0.14 million shares to see its total holdings expand to 0.3 million shares valued at over $9.22 million and representing 0.60% of the shares outstanding. Danske Invest Norske Aksjer Insti bought 56700.0 shares to bring its total holdings to over 0.24 million shares at a value of $7.27 million. Danske Invest Norske Aksjer Insti now owns shares totaling to 0.47% of the shares outstanding.
However, the script later moved the day high at 34.71, up 2.41%. The company’s stock has a 5-day price change of 7.21% and 37.48% over the past three months. It has a 12-month low price of $22.00 and touched a high of $34.53 over the same period. SDRL has an average intraday trading volume of 78.18K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 10.12%, 9.80%, and 15.61% respectively.
Institutional ownership of Seadrill Limited (NYSE: SDRL) shares accounts for 28.27% of the company’s 50.00M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $1.72B. The stock’s trailing 12-month PE ratio is 1.06, while the earnings-per-share (ttm) stands at $32.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.42% over the week and 3.75% over the month.
Analysts forecast that Seadrill Limited (SDRL) will achieve an EPS of -$1.99 for the current quarter, -$2.16 for the next quarter and -$7.51 for 2021. The lowest estimate earnings-per-share for the quarter is -$1.99 while analysts give the company a high EPS estimate of -$1.99. Comparatively, EPS for the current quarter was -$1.42 a year ago.
Specifically, 5 Wall Street analysts polled rate the stock as a buy, while 0 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”