Seadrill (NYSE:SDRL) Releases Quarterly Earnings Results, Misses Expectations By $0.48 EPS

Seadrill (NYSE:SDRL) issued its quarterly earnings results on Monday. The oil and gas company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.25 by ($0.48), Zacks reports. Seadrill had a return on equity of 7.24% and a net margin of 27.79%. Seadrill updated its FY 2025 guidance to EPS.

Seadrill Stock Performance

NYSE:SDRL opened at $23.93 on Monday. The firm’s 50-day moving average is $22.51 and its 200-day moving average is $31.76. Seadrill has a 52-week low of $17.74 and a 52-week high of $56.46. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.53 and a current ratio of 2.53. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 4.17 and a beta of 1.48.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SDRL shares. BWS Financial reissued a “buy” rating and issued a $80.00 target price on shares of Seadrill in a report on Monday, March 3rd. Citigroup dropped their price target on shares of Seadrill from $46.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, March 19th. Finally, BTIG Research set a $28.00 price target on shares of Seadrill in a research note on Monday, May 5th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $55.20.

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.