Seadrill (NYSE:SDRL - Get Free Report) issued its quarterly earnings results on Monday. The oil and gas company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.48), Zacks reports. Seadrill had a return on equity of 7.24% and a net margin of 27.79%. The company had revenue of $335.00 million for the quarter, compared to analysts' expectations of $325.69 million. Seadrill updated its FY 2025 guidance to EPS.
Seadrill Price Performance
NYSE:SDRL traded down $0.60 during trading hours on Friday, hitting $24.23. The stock had a trading volume of 368,929 shares, compared to its average volume of 963,632. The company has a 50 day simple moving average of $22.59 and a two-hundred day simple moving average of $31.40. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.53 and a quick ratio of 2.53. Seadrill has a one year low of $17.74 and a one year high of $56.46. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 4.22 and a beta of 1.48.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on SDRL. Citigroup decreased their price target on shares of Seadrill from $46.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, March 19th. BTIG Research set a $28.00 price objective on shares of Seadrill in a research note on Monday, May 5th. Finally, BWS Financial reiterated a "buy" rating and issued a $80.00 price objective on shares of Seadrill in a research note on Tuesday.
Get Our Latest Analysis on Seadrill
Seadrill Company Profile
(
Get Free Report)
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.
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