Valaris Limited : The underlying trend is to the upside
Entry price :
48$ | Target : 61.82$ | Stop-loss : 42.47$ | Potential : 28.79%
Valaris Limited's shares display attractive technical aspects to anticipate a comeback of the underlying trend. Investors have an opportunity to buy the stock and target the $ 61.82.
The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility. Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Growth is a substantial asset for the company, as anticipated by dedicated analysts. Within the next three years, growth is estimated to reach 87% by 2024. The company's profit outlook over the next few years is a strong asset. The company is in a robust financial situation considering its net cash and margin position. Over the last twelve months, the sales forecast has been frequently revised upwards. Over the last 4 months, analysts have significantly revised upwards the company's estimated sales. For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year. For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised. Analysts covering this company mostly recommend stock overweighting or purchase. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential. The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months. Over the past twelve months, analysts' opinions have been strongly revised upwards.
The company has insufficient levels of profitability. The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 60.87 times its estimated earnings per share for the ongoing year. The company appears highly valued given the size of its balance sheet. Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
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1 467 M
Net income 2022
Net cash 2022
P/E ratio 2022
3 169 M
3 169 M
EV / Sales 2022
EV / Sales 2023
Nbr of Employees
Upcoming event on VALARIS LIMITED
Number of Analysts
Last Close Price
Average target price
Spread / Average Target