Should I buy or sell Seadrill stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Seadrill in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SDRL shares. View SDRL analyst ratings or view top-rated stocks .

What is Seadrill's stock price target for 2024?

4 brokerages have issued 1 year price targets for Seadrill's stock. Their SDRL share price targets range from $60.00 to $80.00. On average, they anticipate the company's stock price to reach $68.25 in the next year. This suggests a possible upside of 37.4% from the stock's current price. View analysts price targets for SDRL or view top-rated stocks among Wall Street analysts .

When is Seadrill's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024. View our SDRL earnings forecast .

How were Seadrill's earnings last quarter?

Seadrill Limited (NYSE:SDRL) posted its quarterly earnings results on Wednesday, February, 28th. The oil and gas company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.30. The oil and gas company earned $408 million during the quarter, compared to the consensus estimate of $393.71 million. Seadrill had a net margin of 19.97% and a trailing twelve-month return on equity of 10.99%. The business's quarterly revenue was up 78.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.46) EPS.

What ETFs hold Seadrill's stock?

ETFs with the largest weight of Seadrill (NYSE:SDRL) stock in their portfolio include Global X MSCI Norway ETF (NORW) . Barrons 400 ETF (BFOR) .

What other stocks do shareholders of Seadrill own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seadrill investors own include Transocean (RIG) , Bank of America (BAC) , General Electric (GE) , Seadrill Partners (SDLP) , Chesapeake Energy (CHKAQ) , Exxon Mobil (XOM) , Bristol-Myers Squibb (BMY) , OPKO Health (OPK) , AT&T (T) and Philip Morris International (PM) .

Who are Seadrill's major shareholders?

Seadrill's stock is owned by a number of retail and institutional investors. Top institutional investors include Folketrygdfondet (0.86%) and Allspring Global Investments Holdings LLC (0.00%).

NYSE:SDRL

Seadrill (SDRL) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $49.18
▼
$49.88
50-Day Range: $0.51
▼
$0.51
52-Week Range: $0.28
▼
$5.00

Volume: 439,746 shs
Average Volume: 519,775 shs
Market Capitalization: $3.66 billion

P/E Ratio: 12.30
Dividend Yield: N/A
Price Target: $68.25

Stock Analysis Analyst Forecasts Competitors Earnings Headlines Options Chain Ownership Short Interest Social Media

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Seadrill MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 37.4% Upside
$68.25 Price Target
Short Interest: Healthy
5.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 132.06%
From $2.87 to $6.66 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Oils/Energy Sector

125th out of 227 stocks

Drilling Oil & Gas Wells Industry

6th out of 12 stocks

3.4

Analyst's Opinion

Consensus Rating
Seadrill has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Seadrill has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.86% of the float of Seadrill has been sold short.
Short Interest Ratio / Days to Cover
Seadrill has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in Seadrill has recently decreased by 7.17%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Seadrill does not currently pay a dividend.
Dividend Growth
Seadrill does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SDRL.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Seadrill this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for SDRL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Seadrill insiders have not sold or bought any company stock.
Percentage Held by Institutions
95.67% of the stock of Seadrill is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Seadrill are expected to grow by 132.06% in the coming year, from $2.87 to $6.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Seadrill is 12.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Seadrill is 12.30, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.94.
Price to Book Value per Share Ratio
Seadrill has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Seadrill Stock (NYSE:SDRL)

Seadrill Ltd. engages in the provision of offshore drilling services to the oil and gas industry. It operates through the following segments: Floaters, Jack-up rigs, and Other. The Floaters segment encompasses drilling, completion, and maintenance of offshore exploration and production wells. the Jack-up Rigs segment includes drilling contracts relate to jack-up rigs for operations in harsh and benign environments in shallow water. The Other segment represents management services to third parties and related parties. The company was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

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SDRL Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Buy Rating for Seadrill Limited: Anticipating Revenue Growth and Rising Day Rates

April 3, 2024 | finance.yahoo.com

Is Seadrill Limited's (NYSE:SDRL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 27, 2024 | businesswire.com

Seadrill Limited Files its 2023 Annual Report on Form 20-F

March 26, 2024 | seekingalpha.com

Seadrill: Prepare For Earnings Inflection Next Year, Buy

March 24, 2024 | investorplace.com

3 Under-$50 Stocks That Will Double Quicker Than the S&P 500

March 16, 2024 | finance.yahoo.com

SDRL Apr 2024 55.000 call

March 16, 2024 | finance.yahoo.com

SDRL Jul 2024 70.000 call

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 16, 2024 | finance.yahoo.com

SDRL Apr 2024 22.500 call

March 1, 2024 | markets.businessinsider.com

Seadrill Limited: Strong Buy Rating on Robust Financials and Positive Market Outlook

March 1, 2024 | finance.yahoo.com

Seadrill Limited (NYSE:SDRL) Q4 2023 Earnings Call Transcript

February 28, 2024 | msn.com

Seadrill GAAP EPS of $0.95 beats by $0.30, revenue of $408M beats by $12.62M

February 28, 2024 | businesswire.com

Seadrill Announces Fourth Quarter and Full Year 2023 Results

January 31, 2024 | msn.com

US oilfield firms fall on demand concerns as Aramco cuts capacity target

January 31, 2024 | finance.yahoo.com

Do You Think Limited Supply and Increasing Demand Favor Seadrill Limited (SDRL)?

January 30, 2024 | reuters.com

US oilfield firms slip as Aramco's lowered capacity target sparks spending cut concerns

January 29, 2024 | msn.com

Seadrill wins $97M in contract awards, to resume management of West Auriga

January 23, 2024 | finance.yahoo.com

Seadrill 2024 Annual General Meeting of Shareholders

January 18, 2024 | nasdaq.com

Seadrill Limited Common Shares (SDRL)

January 4, 2024 | seekingalpha.com

Seadrill: Buy On Major Contract Awards And Material Share Repurchase Activity

January 3, 2024 | markets.businessinsider.com

Seadrill Limited: Strong Buy Rating on New Contracts and Solid Financials

December 22, 2023 | benzinga.com

Seadrill's $1.1B Jackpot Ahead Of Holidays - Wins Contract From Petrobras For West Auriga, West Polaris In Brazil

December 20, 2023 | msn.com

7 Overlooked Growth Stocks Gearing Up for 10X Gains

December 14, 2023 | finance.yahoo.com

Seadrill Limited Initiates New Share Buy-back Program

December 1, 2023 | finance.yahoo.com

Seadrill Limited (NYSE:SDRL) Q3 2023 Earnings Call Transcript

November 27, 2023 | msn.com

Seadrill EPS of $1.10 beats by $0.27, revenue of $414M beats by $17.75M

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/20/2024
Next Earnings (Estimated): 5/28/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Drilling oil & gas wells
Sub-Industry: N/A
Current Symbol: NYSE:SDRL
CUSIP: N/A
CIK: 1351413
Web: www.seadrill.com
Phone: (441) 295-6935
Fax: 1-441-295-3494
Employees: 2,505
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $68.25
High Stock Price Target: $80.00
Low Stock Price Target: $60.00
Potential Upside/Downside: +37.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.04
Trailing P/E Ratio: 12.30
Forward P/E Ratio: 17.31
P/E Growth: N/A
Net Income: $300 million
Net Margins: 19.97%
Pretax Margin: 21.10%
Return on Equity: 10.99%
Return on Assets: 7.90%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 2.98
Quick Ratio: 2.98

Sales & Book Value

Annual Sales: $1.50 billion
Price / Sales: 2.44
Cash Flow: $6.19 per share
Price / Cash Flow: 8.03
Book Value: $40.47 per share
Price / Book: 1.23

Miscellaneous

Outstanding Shares: 73,710,000
Free Float: N/A
Market Cap: $3.66 billion
Optionable: Optionable
Beta: 1.60

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Key Executives

Stuart Robert Jackson
Chief Executive Officer
Leif Nelson
Chief Operating Officer
Sandra Redding
Senior Vice President & General Counsel
Duke Bajenting
Senior Vice President-Strategy & Transformation
Grant Russel Creed
Chief Restructuring Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SDRL Stock Analysis - Frequently Asked Questions

Should I buy or sell Seadrill stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Seadrill in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SDRL shares.
View SDRL analyst ratings or view top-rated stocks.
What is Seadrill's stock price target for 2024?: 4 brokerages have issued 1 year price targets for Seadrill's stock. Their SDRL share price targets range from $60.00 to $80.00. On average, they anticipate the company's stock price to reach $68.25 in the next year. This suggests a possible upside of 37.4% from the stock's current price.
View analysts price targets for SDRL or view top-rated stocks among Wall Street analysts.
When is Seadrill's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our SDRL earnings forecast.
How were Seadrill's earnings last quarter?: Seadrill Limited (NYSE:SDRL) posted its quarterly earnings results on Wednesday, February, 28th. The oil and gas company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.30. The oil and gas company earned $408 million during the quarter, compared to the consensus estimate of $393.71 million. Seadrill had a net margin of 19.97% and a trailing twelve-month return on equity of 10.99%. The business's quarterly revenue was up 78.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.46) EPS.

What ETFs hold Seadrill's stock?: ETFs with the largest weight of Seadrill (NYSE:SDRL) stock in their portfolio include Global X MSCI Norway ETF (NORW).Barrons 400 ETF (BFOR).
What other stocks do shareholders of Seadrill own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Seadrill investors own include Transocean (RIG), Bank of America (BAC), General Electric (GE), Seadrill Partners (SDLP), Chesapeake Energy (CHKAQ), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), OPKO Health (OPK), AT&T (T) and Philip Morris International (PM).
Who are Seadrill's major shareholders?: Seadrill's stock is owned by a number of retail and institutional investors. Top institutional investors include Folketrygdfondet (0.86%) and Allspring Global Investments Holdings LLC (0.00%).

This page (NYSE:SDRL) was last updated on 4/20/2024 by MarketBeat.com Staff

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Seadrill (SDRL) Stock Price, News & Analysis

Seadrill MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Seadrill Stock (NYSE:SDRL)

SDRL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

SDRL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™