Seadrill Limited (NYSE:SDRL): Price Target and Stock Overview
BY UPTICK STAFF WRITER / ON JANUARY 19, 2016 AT 1:32 PM /
Analysts that cover shares of Seadrill Limited (NYSE:SDRL) have placed a 52-week price target of $6.83 on the stock. This is according to the Wall Street brokerages covering the firm, which were polled by Thomson Reuters First Call. Future target price estimates can be used to provide insight to investors on when to possibly buy or sell a stock. In comparing the target to current levels, shares closed the last trading session at $2.34.
When evaluating stocks, many investors also look to analysts for future earnings predictions and growth. Analysts are predicting $0.39 per share in earnings next quarter and $1.98 for the current year. In comparing the current price level of the equity to their moving averages, the shares are trading -1.69 off of the 50-day average of $3.96 and -4.37 away from the 200-day moving average of $6.64.
Another important factor to consider when evaluating a stock’s current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, Seadrill Limited Ordinary Share shares are trading -85.30% away from the 52-week high mark of 15.44 and +0.89% off the 52-week bottom of 2.25.
Taking a step further, investors might also consider evaluating a firm’s PEG ratio, which illustrates the relationship between stock price, earning per share, and the company’s growth rate. A firm with a PEG ratio below 1 is considered undervalued. A company with a PEG ratio around 1 is considered fairly valued. A company with a PEG ratio greater than 1 is considered overvalued. The stock has a current PEG of -0.03.