Borr Drilling Ltd (BORR) concluded trading on 11/16/23 at a closing price of $6.15, with 3.31 million shares of worth about $20.35 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -13.38% during that period and on Thursday the price saw a loss of about -1.28%. Currently the company’s common shares owned by public are about 228.95M shares, out of which, 218.41M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 9 analysts are covering the BORR stock and their offered price forecasts bring an average price target of $9.98. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $12.00 and could fall to a lowest price of $8.44. The stock’s current price level is 38.38% above of average price target set by the analysts, while a rise to estimated low would result in gain of 27.13% for the stock. However, touching the estimated high of $12.00 would mean a gain of 48.75% for the stock.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 1 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 1 selling transactions, insiders dumped 872,073 shares.
Orbis SICAV – International Equit, American Funds Small Cap World Fu, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in Borr Drilling Ltd Orbis SICAV – International Equit is currently holding 12.27 million shares of worth totaling $86.75 million. The company recently came buying 4.76 million shares which brought its stake up to 4.78% of the company’s outstanding shares. iShares Russell 2000 ETF, after selling 5.06 million shares, have now control over 1.97% of the stake in the company. It holds 52328.0 shares of worth $35.74 million.
Borr Drilling Ltd (NYSE: BORR) started trading at $6.51, above $0.28 from concluding price of the previous day. However, the stock later moved at a day high price of 6.78, or with a loss of -1.28%. Stock saw a price change of 3.02% in past 5 days and over the past one month there was a price change of -13.99%. Year-to-date (YTD), BORR shares are showing a performance of 23.74% which increased to 21.30% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.03 but also hit the highest price of $9.01 during that period. The average intraday trading volume for Borr Drilling Ltd shares is 1.34 million. The stock is currently trading -2.49% below its 20-day simple moving average (SMA20), while that difference is down -9.11% for SMA50 and it goes to -13.94% lower than SMA200.
Borr Drilling Ltd (NYSE: BORR) currently have 228.95M outstanding shares and institutions hold larger chunk of about 56.60% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $1.57B and its 3Y-monthly beta is at 2.88. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 0.79 while making debt-to-equity ratio of 1.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BORR, volatility over the week remained 5.22% while standing at 4.15% over the month.
Analysts are in expectations that Borr Drilling Ltd (BORR) stock would likely to be making an EPS of $CorEnergy Infrastructure Trust, in the current quarter, while forecast for next quarter EPS is $0.41 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Forrester Research, Inc. which is $Sierra Bancorp at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $BORR DRILLING in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 109.21% while it is estimated to increase by 525.74% in next year.
Analysts at 9 brokerage firms have issued recommendations for the Borr Drilling Ltd (BORR)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.22. Out of those 9 Wall Street analysts, 8 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
