Should I buy or sell Valaris stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Valaris in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VAL shares. View VAL analyst ratings or view top-rated stocks .

What is Valaris' stock price target for 2024?

5 analysts have issued 12-month price objectives for Valaris' stock. Their VAL share price targets range from $90.00 to $105.00. On average, they expect the company's stock price to reach $100.00 in the next year. This suggests a possible upside of 49.1% from the stock's current price. View analysts price targets for VAL or view top-rated stocks among Wall Street analysts .

How have VAL shares performed in 2024?

Valaris' stock was trading at $68.57 at the beginning of the year. Since then, VAL stock has decreased by 2.2% and is now trading at $67.06. View the best growth stocks for 2024 here .

When is Valaris' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our VAL earnings forecast .

How can I listen to Valaris' earnings call?

Valaris will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6251459".

How were Valaris' earnings last quarter?

Valaris Limited (NYSE:VAL) released its earnings results on Wednesday, February, 21st. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.32. The business earned $483.80 million during the quarter, compared to the consensus estimate of $484 million. Valaris had a trailing twelve-month return on equity of 5.71% and a net margin of 48.50%.

What ETFs hold Valaris' stock?

ETFs with the largest weight of Valaris (NYSE:VAL) stock in their portfolio include Noble Absolute Return ETF (NOPE) , Invesco Oil & Gas Services ETF (PXJ) , VanEck Oil Services ETF (OIH) , SPDR S&P Oil & Gas Equipment & Services ETF (XES) , Direxion Daily Oil Services Bull 2X Shares (ONG) , iShares U.S. Oil Equipment & Services ETF (IEZ) , Goldman Sachs Hedge Industry VIP ETF (GVIP) and Invesco S&P MidCap 400 Pure Growth ETF (RFG) .

What other stocks do shareholders of Valaris own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Valaris investors own include Callon Petroleum (CPE) , Transocean (RIG) , Bank of America (BAC) , Oasis Petroleum (OAS) , Exxon Mobil (XOM) , Energy Transfer (ET) , Pfizer (PFE) , AT&T (T) , Carnival Co. & (CCL) and Delta Air Lines (DAL) .

Who are Valaris' major shareholders?

Valaris' stock is owned by many different institutional and retail investors. Top institutional investors include Deane Retirement Strategies Inc. (0.06%), SeaCrest Wealth Management LLC (0.02%), State of Michigan Retirement System (0.02%), Insight Wealth Strategies LLC (0.01%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Colleen Grable and Hill Advisors Lp Oak. View institutional ownership trends .

How do I buy shares of Valaris?

Shares of VAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:VAL

Valaris (VAL) Stock Price, News & Analysis

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$67.06

-0.87 (-1.28%)

(As of 04/18/2024 ET)

Compare

Today's Range: $67.01
▼
$69.21
50-Day Range: $62.94
▼
$76.66
52-Week Range: $54.13
▼
$78.92

Volume: 442,261 shs
Average Volume: 896,045 shs
Market Capitalization: $4.86 billion

P/E Ratio: 5.74
Dividend Yield: N/A
Price Target: $100.00

Get Valaris alerts:

Valaris MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 49.1% Upside
$100.00 Price Target
Short Interest: Bearish
6.26% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 118.53%
From $4.75 to $10.38 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.

3.28 out of 5 stars

Oils/Energy Sector

107th out of 226 stocks

Drilling Oil & Gas Wells Industry

4th out of 12 stocks

3.5

Analyst's Opinion

Consensus Rating
Valaris has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Valaris has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.26% of the float of Valaris has been sold short.
Short Interest Ratio / Days to Cover
Valaris has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Valaris has recently decreased by 1.43%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Valaris does not currently pay a dividend.
Dividend Growth
Valaris 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 VAL.

1.8

News and Social Media Coverage

News Sentiment
Valaris has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Valaris this week, compared to 3 articles on an average week.
Search Interest
9 people have searched for VAL on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Valaris to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Valaris insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.11% of the stock of Valaris is held by insiders.
Percentage Held by Institutions
96.74% of the stock of Valaris 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 Valaris are expected to grow by 118.53% in the coming year, from $4.75 to $10.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Valaris is 5.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Valaris is 5.74, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.46.
Price to Book Value per Share Ratio
Valaris has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Valaris Stock (NYSE:VAL)

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

VAL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VAL Stock News Headlines

April 11, 2024 | businesswire.com

Valaris Schedules First Quarter 2024 Earnings Release and Conference Call

April 6, 2024 | investing.com

Valaris faces rig suspension in Saudi joint venture

April 19, 2024 | InvestorPlace (Ad)

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April 2, 2024 | seekingalpha.com

Valaris: Buy Despite Near-Term Jackup Market Headwinds

April 1, 2024 | nasdaq.com

VAL Quantitative Stock Analysis

March 8, 2024 | finance.yahoo.com

Textron and RCI Hospitality have been highlighted as Zacks Bull and Bear of the Day

March 6, 2024 | finance.yahoo.com

The Zacks Analyst Blog Highlights Valaris, Murphy USA and Sunoco

March 4, 2024 | bloomberg.com

BP vai prospectar petróleo em áreas do país onde outras falharam

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February 25, 2024 | ca.finance.yahoo.com

VAL Apr 2024 60.000 put

February 25, 2024 | ca.finance.yahoo.com

VAL Apr 2024 65.000 call

February 23, 2024 | msn.com

Valaris Limited (NYSE:VAL) Q4 2023 Earnings Call Transcript

February 23, 2024 | uk.finance.yahoo.com

Q4 2023 Valaris Ltd Earnings Call

February 22, 2024 | msn.com

Valaris GAAP EPS of $11.30 beats by $11.19, revenue of $484M in-line

February 21, 2024 | markets.businessinsider.com

Valaris Limited Profit Rises In Q4, Beats estimates

February 21, 2024 | businesswire.com

Valaris Reports Fourth Quarter 2023 Results

February 21, 2024 | msn.com

Valaris Q4 2023 Earnings Preview

February 21, 2024 | markets.businessinsider.com

Valaris is about to announce its earnings — here's what Wall Street expects

February 10, 2024 | seekingalpha.com

Valaris Limited: Promising Outlook As Meaningful FCF Commences

February 3, 2024 | markets.businessinsider.com

Valaris Ltd Registered Shs hosts conference call for investors

January 31, 2024 | finance.yahoo.com

Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call

January 17, 2024 | finance.yahoo.com

Shell's Q4 Update & Sunoco's $1B Sale Lead the Oil & Gas Stock Roundup

January 15, 2024 | realmoney.thestreet.com

Valaris price target lowered by $7 at Citi, here's why

January 10, 2024 | msn.com

Valaris wins new contracts; sees signs of North Sea jack-up market recovery from 2025

January 5, 2024 | finance.yahoo.com

Valaris (VAL) Secures $519M Contract Extension in Brazil

January 3, 2024 | msn.com

Petrobras awards $519m drillship contract to Valaris

January 2, 2024 | msn.com

Valaris Strikes $519M Drillship Deal with Petrobras, Eyes Soaring Earnings in Rig Reshuffle

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Drilling oil & gas wells
Sub-Industry: N/A
Current Symbol: NYSE:VAL
CUSIP: N/A
CIK: 314808
Web: www.valaris.com
Phone: 44-0-20-7659-4660
Fax: N/A
Employees: 5,985
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $100.00
High Stock Price Target: $105.00
Low Stock Price Target: $90.00
Potential Upside/Downside: +49.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $11.69
Trailing P/E Ratio: 5.74
Forward P/E Ratio: 14.12
P/E Growth: N/A
Net Income: $865.40 million
Net Margins: 48.50%
Pretax Margin: 4.72%
Return on Equity: 5.71%
Return on Assets: 2.40%

Debt

Debt-to-Equity Ratio: 0.54
Current Ratio: 1.71
Quick Ratio: 1.71

Sales & Book Value

Annual Sales: $1.78 billion
Price / Sales: 2.72
Cash Flow: $2.44 per share
Price / Cash Flow: 27.44
Book Value: $27.40 per share
Price / Book: 2.45

Miscellaneous

Outstanding Shares: 72,410,000
Free Float: 72,330,000
Market Cap: $4.86 billion
Optionable: Optionable
Beta: 1.13

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Key Executives

Mr. Anton Dibowitz (Age 52)
President, CEO & Director
Comp: $1.62M
Mr. Christopher T. Weber (Age 51)
Senior VP & CFO
Comp: $659.9k
Mr. Gilles Luca (Age 52)
Senior VP & COO
Comp: $2.36M
Mr. Darin Gibbins (Age 42)
Vice President of Investor Relations & Treasurer
Comp: $492.44k
Mr. Davor Vukadin (Age 50)
Senior VP, General Counsel & Secretary
Comp: $646.74k
Mr. Matthew Lyne (Age 49)
Senior VP & Chief Commercial Officer
Comp: $649.33k
Ms. Melissa Barron (Age 43)
Controller & Principal Accounting Officer
Ms. Colleen W. Grable (Age 49)
VP & Chief Human Resources Officer
Mr. Duke Bajenting
Vice President of Strategy & Sustainability

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VAL Stock Analysis - Frequently Asked Questions

Should I buy or sell Valaris stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Valaris in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VAL shares.
View VAL analyst ratings or view top-rated stocks.
What is Valaris' stock price target for 2024?: 5 analysts have issued 12-month price objectives for Valaris' stock. Their VAL share price targets range from $90.00 to $105.00. On average, they expect the company's stock price to reach $100.00 in the next year. This suggests a possible upside of 49.1% from the stock's current price.
View analysts price targets for VAL or view top-rated stocks among Wall Street analysts.
How have VAL shares performed in 2024?: Valaris' stock was trading at $68.57 at the beginning of the year. Since then, VAL stock has decreased by 2.2% and is now trading at $67.06.
View the best growth stocks for 2024 here.
When is Valaris' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our VAL earnings forecast.
How can I listen to Valaris' earnings call?: Valaris will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6251459".
How were Valaris' earnings last quarter?: Valaris Limited (NYSE:VAL) released its earnings results on Wednesday, February, 21st. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.32. The business earned $483.80 million during the quarter, compared to the consensus estimate of $484 million. Valaris had a trailing twelve-month return on equity of 5.71% and a net margin of 48.50%.

What ETFs hold Valaris' stock?: ETFs with the largest weight of Valaris (NYSE:VAL) stock in their portfolio include Noble Absolute Return ETF (NOPE), Invesco Oil & Gas Services ETF (PXJ), VanEck Oil Services ETF (OIH), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Direxion Daily Oil Services Bull 2X Shares (ONG), iShares U.S. Oil Equipment & Services ETF (IEZ), Goldman Sachs Hedge Industry VIP ETF (GVIP) and Invesco S&P MidCap 400 Pure Growth ETF (RFG).
What other stocks do shareholders of Valaris own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Valaris investors own include Callon Petroleum (CPE), Transocean (RIG), Bank of America (BAC), Oasis Petroleum (OAS), Exxon Mobil (XOM), Energy Transfer (ET), Pfizer (PFE), AT&T (T), Carnival Co. & (CCL) and Delta Air Lines (DAL).
Who are Valaris' major shareholders?: Valaris' stock is owned by many different institutional and retail investors. Top institutional investors include Deane Retirement Strategies Inc. (0.06%), SeaCrest Wealth Management LLC (0.02%), State of Michigan Retirement System (0.02%), Insight Wealth Strategies LLC (0.01%) and NBC Securities Inc. (0.01%). Insiders that own company stock include Colleen Grable and Hill Advisors Lp Oak.
View institutional ownership trends.
How do I buy shares of Valaris?: Shares of VAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VAL) was last updated on 4/19/2024 by MarketBeat.com Staff

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