Independence Contract Drilling Company Profile (NYSE:ICD)

About Independence Contract Drilling (NYSE:ICD)

Independence Contract Drilling logo

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Symbol: NYSE:ICD
  • CUSIP: N/A
  • Web: www.icdrilling.com
Capitalization:
  • Market Cap: $144.7 million
  • Outstanding Shares: 37,682,000
Average Prices:
  • 50 Day Moving Avg: $4.72
  • 200 Day Moving Avg: $5.61
  • 52 Week Range: $3.79 - $7.30
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 64.00
  • P/E Growth: -1.46
Sales & Book Value:
  • Annual Revenue: $67.84 million
  • Price / Sales: 2.13
  • Book Value: $6.68 per share
  • Price / Book: 0.57
Profitability:
  • EBIDTA: $7.49 million
  • Net Margins: -22.48%
  • Return on Equity: -4.00%
  • Return on Assets: -3.27%
Debt:
  • Debt-to-Equity Ratio: 0.09%
  • Current Ratio: 1.54%
  • Quick Ratio: 1.36%
Misc:
  • Average Volume: 208,861 shs.
  • Beta: 2.98
  • Short Ratio: 3.65
 

Frequently Asked Questions for Independence Contract Drilling (NYSE:ICD)

What is Independence Contract Drilling's stock symbol?

Independence Contract Drilling trades on the New York Stock Exchange (NYSE) under the ticker symbol "ICD."

How were Independence Contract Drilling's earnings last quarter?

Independence Contract Drilling Inc (NYSE:ICD) issued its quarterly earnings results on Thursday, April, 27th. The company reported ($0.14) EPS for the quarter, meeting analysts' consensus estimates of ($0.14). The business had revenue of $20.20 million for the quarter, compared to analysts' expectations of $19.86 million. Independence Contract Drilling had a negative net margin of 22.48% and a negative return on equity of 4.00%. The business's quarterly revenue was down 10.1% on a year-over-year basis. During the same period last year, the business earned ($0.02) earnings per share. View Independence Contract Drilling's Earnings History.

Where is Independence Contract Drilling's stock going? Where will Independence Contract Drilling's stock price be in 2017?

7 equities research analysts have issued twelve-month price targets for Independence Contract Drilling's shares. Their forecasts range from $7.00 to $8.50. On average, they expect Independence Contract Drilling's stock price to reach $7.70 in the next twelve months. View Analyst Ratings for Independence Contract Drilling.

Who are some of Independence Contract Drilling's key competitors?

Who owns Independence Contract Drilling stock?

Independence Contract Drilling's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (5.59%), Royce & Associates LP (4.32%), Lime Rock Management LP (4.05%), Van ECK Associates Corp (3.65%), Vanguard Group Inc. (3.34%) and Columbus Circle Investors (2.37%). Company insiders that own Independence Contract Drilling stock include Resource Corp Sprott and Thomas R Bates Jr. View Institutional Ownership Trends for Independence Contract Drilling.

Who sold Independence Contract Drilling stock? Who is selling Independence Contract Drilling stock?

Independence Contract Drilling's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Van ECK Associates Corp, Morgan Stanley, Ameriprise Financial Inc., JPMorgan Chase & Co., Nationwide Fund Advisors and Geode Capital Management LLC. View Insider Buying and Selling for Independence Contract Drilling.

Who bought Independence Contract Drilling stock? Who is buying Independence Contract Drilling stock?

Independence Contract Drilling's stock was acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Kennedy Capital Management Inc., Systematic Financial Management LP, Royce & Associates LP, Dimensional Fund Advisors LP, Vanguard Group Inc., Wells Fargo & Company MN and FMR LLC. View Insider Buying and Selling for Independence Contract Drilling.

How do I buy Independence Contract Drilling stock?

Shares of Independence Contract Drilling can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Independence Contract Drilling stock cost?

One share of Independence Contract Drilling stock can currently be purchased for approximately $3.84.

Analyst Ratings

Consensus Ratings for Independence Contract Drilling (NYSE:ICD) (?)
Ratings Breakdown: 7 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.70 (100.52% upside)

Analysts' Ratings History for Independence Contract Drilling (NYSE:ICD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/28/2017Capital One Financial Corp.UpgradeEqual Weight -> OverweightN/AView Rating Details
12/28/2016FBR & CoBoost Price TargetOutperform$6.25 -> $8.50N/AView Rating Details
11/29/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
9/15/2016DA DavidsonInitiated CoverageBuy$7.00N/AView Rating Details
8/16/2016NomuraSet Price TargetBuy$8.00N/AView Rating Details
8/1/2016Morgan StanleyReiterated RatingBuy$8.00N/AView Rating Details
7/7/2016Iberia CapitalReiterated RatingOutperform$5.00 -> $7.00N/AView Rating Details
4/15/2016Royal Bank of CanadaBoost Price TargetOutperform$4.75 -> $5.50N/AView Rating Details
2/22/2016Cowen and CompanyLower Price TargetOutperform$8.50 -> $5.20N/AView Rating Details
10/30/2015Evercore ISILower Price Target$10.00 -> $8.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for Independence Contract Drilling (NYSE:ICD)
Earnings by Quarter for Independence Contract Drilling (NYSE:ICD)
Earnings History by Quarter for Independence Contract Drilling (NYSE:ICD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q1 2017($0.14)($0.14)$19.86 million$20.20 millionViewN/AView Earnings Details
2/28/2017Q416($0.15)($0.14)$17.39 million$18.00 millionViewListenView Earnings Details
10/26/2016Q316($0.15)($0.17)$14.66 million$14.50 millionViewListenView Earnings Details
7/28/2016Q216($0.10)($0.07)$15.15 million$15.20 millionViewListenView Earnings Details
4/28/2016Q116($0.07)($0.02)$21.00 million$22.46 millionViewListenView Earnings Details
2/18/2016Q415($0.07)($0.04)$23.03 million$23.70 millionViewListenView Earnings Details
10/29/2015Q315($0.09)($0.05)$20.40 million$21.30 millionViewListenView Earnings Details
8/6/2015Q215($0.05)($0.03)$21.37 million$21.10 millionViewN/AView Earnings Details
5/7/2015Q115$0.02$0.03$21.67 million$22.31 millionViewN/AView Earnings Details
3/5/2015Q414$0.01$0.02$21.80 million$20.00 millionViewN/AView Earnings Details
11/10/2014Q314($0.04)($0.01)$18.23 million$19.12 millionViewN/AView Earnings Details
9/11/2014Q214($0.12)($0.09)$14.70 million$14.70 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Independence Contract Drilling (NYSE:ICD)
2017 EPS Consensus Estimate: ($0.31)
2018 EPS Consensus Estimate: $0.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.13)($0.10)($0.11)
Q2 20173($0.09)($0.09)($0.09)
Q3 20173($0.07)($0.05)($0.06)
Q4 20173($0.05)($0.04)($0.04)
Q1 20181$0.05$0.05$0.05
Q2 20181$0.04$0.04$0.04
Q3 20181$0.05$0.05$0.05
Q4 20181$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Independence Contract Drilling (NYSE:ICD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Independence Contract Drilling (NYSE:ICD)
Insider Ownership Percentage: 11.50%
Institutional Ownership Percentage: 77.73%
Insider Trades by Quarter for Independence Contract Drilling (NYSE:ICD)
Institutional Ownership by Quarter for Independence Contract Drilling (NYSE:ICD)
Insider Trades by Quarter for Independence Contract Drilling (NYSE:ICD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2016Thomas R Bates JrDirectorBuy10,000$4.04$40,400.00View SEC Filing  
8/17/2016Resource Corp SprottMajor ShareholderSell1,000,000$4.50$4,500,000.00View SEC Filing  
5/13/2015Joseph Scott ThompsonInsiderBuy5,000$7.90$39,500.00View SEC Filing  
8/13/2014Global Energy Advisors Sas 4DMajor ShareholderBuy600,000$11.00$6,600,000.00View SEC Filing  
8/13/2014Matthew D FitzgeraldDirectorBuy3,000$11.00$33,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Independence Contract Drilling (NYSE:ICD)
Latest Headlines for Independence Contract Drilling (NYSE:ICD)
Source:
DateHeadline
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - May 9 at 8:06 AM
americanbankingnews.com logoFBR & Co Weighs in on Independence Contract Drilling Inc's Q2 2017 Earnings (ICD)
www.americanbankingnews.com - May 4 at 12:36 PM
americanbankingnews.com logoFBR & Co Research Analysts Raise Earnings Estimates for Independence Contract Drilling Inc (ICD)
www.americanbankingnews.com - May 3 at 4:56 PM
americanbankingnews.com logoIndependence Contract Drilling (ICD) Earns Media Impact Score of 0.01
www.americanbankingnews.com - May 2 at 10:30 PM
finance.yahoo.com logoETFs with exposure to Independence Contract Drilling, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 4:17 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. :ICD-US: Earnings Analysis: Q1, 2017 By the Numbers : May 1, 2017
finance.yahoo.com - May 1 at 1:24 PM
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Expected to Post Quarterly Sales of $22.8 Million
www.americanbankingnews.com - April 30 at 8:34 AM
finance.yahoo.com logoEdited Transcript of ICD earnings conference call or presentation 27-Apr-17 4:00pm GMT
finance.yahoo.com - April 29 at 9:18 AM
reuters.com logoBRIEF-Independence Contract qtrly adjusted loss per share $0.14
www.reuters.com - April 28 at 6:48 PM
seekingalpha.com logoIndependence Contract Drilling misses by $0.01, beats on revenue
seekingalpha.com - April 28 at 6:48 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The First Quarter Ended March 31, …
finance.yahoo.com - April 28 at 6:48 PM
americanbankingnews.com logo-$0.11 EPS Expected for Independence Contract Drilling Inc (ICD) This Quarter
www.americanbankingnews.com - April 28 at 6:08 PM
americanbankingnews.com logoIndependence Contract Drilling (ICD) Earns Media Sentiment Rating of -0.12
www.americanbankingnews.com - April 27 at 5:14 PM
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Releases Earnings Results, Meets Estimates
www.americanbankingnews.com - April 27 at 4:08 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The First Quarter Ended March 31, 2017
finance.yahoo.com - April 27 at 8:36 AM
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 14 at 8:54 AM
americanbankingnews.com logoIndependence Contract Drilling (ICD) Earns News Impact Score of -0.04
www.americanbankingnews.com - April 13 at 2:02 PM
zacks.com logoWill 2017 Be the Year of Energy IPO Revival?
www.zacks.com - April 12 at 5:56 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Announces Timing of First Quarter 2017 Financial Results and Conference Call
finance.yahoo.com - April 11 at 5:35 PM
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 9 at 1:10 PM
americanbankingnews.com logo Analysts Anticipate Independence Contract Drilling Inc (ICD) Will Post Quarterly Sales of $19.95 Million
www.americanbankingnews.com - April 9 at 8:59 AM
americanbankingnews.com logoZacks: Analysts Expect Independence Contract Drilling Inc (ICD) Will Announce Earnings of -$0.14 Per Share
www.americanbankingnews.com - April 7 at 6:51 PM
finance.yahoo.com logoETFs with exposure to Independence Contract Drilling, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 10:22 AM
reuters.com logoBRIEF-Independence Contract Drilling's revised capital budget for 2017 is about $21 million
www.reuters.com - March 28 at 11:17 AM
americanbankingnews.com logoIndependence Contract Drilling Inc (ICD) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - March 20 at 12:37 PM
finance.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Financials
finance.yahoo.com - March 7 at 5:33 PM
reuters.com logoBRIEF-Independence Contract Drilling Q4 adjusted loss $0.14/shr
www.reuters.com - March 1 at 10:29 PM
us.rd.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Fourth Quarter And Year Ended December 31, 2016
us.rd.yahoo.com - March 1 at 11:51 AM
us.rd.yahoo.com logo6:35 am Independence Contract Drilling beats by $0.01, beats on revs
us.rd.yahoo.com - March 1 at 11:51 AM
us.rd.yahoo.com logoIndependence Contract Drilling upgraded by CapitalOne
us.rd.yahoo.com - March 1 at 11:51 AM
finance.yahoo.com logoEdited Transcript of ICD earnings conference call or presentation 28-Feb-17 4:00pm GMT
finance.yahoo.com - March 1 at 11:51 AM
seekingalpha.com logoIndependence Contract Drilling's (ICD) CEO Byron Dunn on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 28 at 5:57 PM
seekingalpha.com logoIndependence Contract Drilling beats by $0.01, beats on revenue
seekingalpha.com - February 28 at 9:13 AM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Fourth Quarter And Year Ended …
finance.yahoo.com - February 28 at 9:13 AM
biz.yahoo.com logoQ4 2016 Independence Contract Drilling Inc Earnings Release - Before Market Open
biz.yahoo.com - February 28 at 9:13 AM
seekingalpha.com logoIndependence Contract Drilling: Riding The U.S. Onshore Rebound
seekingalpha.com - February 13 at 11:21 AM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Announces Timing of Fourth Quarter and Year-End 2016 Financial Results and Conference Call
finance.yahoo.com - January 23 at 10:56 AM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Stateme
biz.yahoo.com - January 4 at 4:53 PM
finance.yahoo.com logoIndependence Contract Drilling upgraded by Tudor Pickering
finance.yahoo.com - November 29 at 4:39 PM
finance.yahoo.com logoIndependence Contract Drilling, Inc. to Participate in the Jefferies 2016 Energy Conference
finance.yahoo.com - November 22 at 5:33 PM
zacks.com logoShould You Get Rid of Independence Contract Drilling (ICD) Now?
www.zacks.com - November 1 at 10:02 AM
finance.yahoo.com logoIndependence Contract Drilling, Inc. Reports Financial Results For The Third Quarter Ended September …
finance.yahoo.com - October 27 at 10:19 AM
cnbc.com logoIndependent Contract Drilling posts 3Q loss
www.cnbc.com - October 27 at 10:19 AM
finance.yahoo.com logoEdited Transcript of ICD earnings conference call or presentation 26-Oct-16 3:00pm GMT
finance.yahoo.com - October 27 at 10:19 AM
biz.yahoo.com logoINDEPENDENCE CONTRACT DRILLING, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - October 26 at 8:44 AM
finance.yahoo.com logo6:38 am Independence Contract Drilling misses by $0.02, beats on revs
finance.yahoo.com - October 26 at 8:44 AM
biz.yahoo.com logoQ3 2016 Independence Contract Drilling Inc Earnings Release - Before Market Open
biz.yahoo.com - October 26 at 8:44 AM
finance.yahoo.com logoWhy the Earnings Streak Will Continue for Independence Contract Drilling (ICD)
finance.yahoo.com - September 16 at 9:30 AM
finance.yahoo.com logoRowan Companies (RDC) in Focus: Stock Up 8.3% in Session
finance.yahoo.com - September 9 at 10:15 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Matador Resources, China Petroleum and Chemical, Independence Contract Drilling, Vermilion Energy and Ultrapar Participacoes S.A.
finance.yahoo.com - September 9 at 10:15 AM

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Independence Contract Drilling (ICD) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff