Analysis Of The Weekly Performance Of Borr Drilling Limited (BORR)

Borr Drilling Limited (NYSE:BORR) finished Wednesday with a subtraction of -$0.01 to close at $1.07, a downside of -0.93 percent. An average of 1,564,560 shares of common stock have been traded in the last five days. There was a gain of $0.0781 in the past week. The last 20 days have seen an average of 1,976,315 shares traded, while the 50-day average volume stands at 1,423,974.

BORR stock has increased by 50.70% in the last month. The company shares reached their 1-month lowest point of $0.6600 on 09/20/21. With the stock rallying to its 52-week high on 02/16/21, shares of the company touched a low of $0.37 and a high of $1.67 in 52 weeks. In spite of this, the price is down -35.93% from the 52-week high.


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Valuation Metrics

Borr Drilling Limited (BORR) has a trailing price-to-earnings (P/E) ratio of 18.90 for the broader industry and 19.70 for the sector. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.31, the price-to-book (PB) ratio at 0.09.

Borr Drilling Limited’s EBITDA margin for the year ending June 29 is -3.90%. Its gross profit as reported stood at -$188.0 million compared to revenue of $307.5 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. For the broader industry, ROE averaged 12.45 over the past year.

Earnings Surprise

The analyst consensus anticipated Borr Drilling Limited’s latest quarter earnings to come in at -$0.19 per share, but it turned out to be -$0.22, a -15.80% surprise. For the quarter, EBITDA amounted to $2.3 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Borr Drilling Limited (BORR) price momentum. RSI 9-day as of the close on 13 October was 76.38%, suggesting the stock is Overbought, with historical volatility in this time frame at 158.73%.

As of today, BORR’s price is $1.0470 +7.87% or $0.0781 from its 5-day moving average. BORR is currently trading +47.32% higher than its 20-day SMA and +13.95% higher than its 100-day SMA. However, the stock’s current price level is +38.87% above the SMA50 and +31.13% above the SMA200.

The stochastic %K and %D were 94.57% and 92.98%, respectively, and the average true range (ATR) was 0.0646. With the 14-day stochastic at 93.94% and the average true range at 0.0601, the RSI (14) stands at 73.56%. The stock has reached 0.0437 on the 9-day MACD Oscillator while the 14-day reading was at 0.1089.

Analyst Ratings

The consensus rating for Borr Drilling Limited (BORR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BORR, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is BORR’s price target for the next 12 months?

Analysts predict a range of price targets between $1.00 and $1.16, with a median target of $1.08. Taking a look at these predictions, the average price target given by analysts for Borr Drilling Limited (BORR) stock is $1.08.

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