Seadrill (NYSE:SDRL) Receives "Buy" Rating from BWS Financial

Seadrill (NYSE:SDRL - Get Free Report)'s stock had its "buy" rating restated by analysts at BWS Financial in a report issued on Tuesday,Benzinga reports. They presently have a $80.00 target price on the oil and gas company's stock. BWS Financial's price target would indicate a potential upside of 230.17% from the company's previous close. BWS Financial also issued estimates for Seadrill's Q2 2025 earnings at $0.68 EPS, Q3 2025 earnings at $0.41 EPS, Q4 2025 earnings at $0.14 EPS and FY2025 earnings at $0.99 EPS.

A number of other brokerages also recently issued reports on SDRL. BTIG Research set a $28.00 price target on shares of Seadrill in a report on Monday, May 5th. Citigroup cut their price target on shares of Seadrill from $46.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, March 19th.

Seadrill Price Performance

SDRL stock traded down $0.60 during mid-day trading on Tuesday, reaching $24.23. The company's stock had a trading volume of 368,929 shares, compared to its average volume of 965,326. The stock has a market cap of $1.51 billion, a PE ratio of 4.22 and a beta of 1.48. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.21. Seadrill has a fifty-two week low of $17.74 and a fifty-two week high of $56.46. The company's 50 day moving average is $22.59 and its two-hundred day moving average is $31.35.

Seadrill (NYSE:SDRL - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The oil and gas company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of $0.25 by ($0.48). The business had revenue of $335.00 million during the quarter, compared to analyst estimates of $325.69 million. Seadrill had a net margin of 27.79% and a return on equity of 7.24%. Equities research analysts expect that Seadrill will post 1.86 EPS for the current year.

Institutional Trading of Seadrill

Hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Seadrill by 134.8% in the 4th quarter. JPMorgan Chase & Co. now owns 206,738 shares of the oil and gas company's stock valued at $8,048,000 after purchasing an additional 118,699 shares during the last quarter. Third Point LLC acquired a new stake in Seadrill in the 4th quarter valued at approximately $39,903,000. Vanguard Group Inc. increased its holdings in Seadrill by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 540,864 shares of the oil and gas company's stock valued at $21,056,000 after purchasing an additional 16,230 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in Seadrill in the 4th quarter valued at approximately $3,652,000. Finally, Lloyd Harbor Capital Management LLC acquired a new stake in Seadrill in the 4th quarter valued at approximately $7,786,000. Institutional investors and hedge funds own 95.67% of the company's stock.

Seadrill Company Profile

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.