You might want to take a look at Valaris Ltd (VAL) now

With 5.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.79 million shares. The 52-week range on VAL shows that it touched its highest point at $84.20 and its lowest point at $32.67 during that stretch. It currently has a 1-year price target of $51.93. Beta for the stock currently stands at 1.19.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of VAL was down-trending over the past week, with a drop of -12.30%, but this was down by -29.35% over a month. Three-month performance dropped to -25.67% while six-month performance fell -43.97%. The stock lost -46.28% in the past year, while it has lost -23.44% so far this year. A look at the trailing 12-month EPS for VAL yields 5.12 with Next year EPS estimates of 5.76. For the next quarter, that number is 1.18. This implies an EPS growth rate of -23.11% for this year and 45.71% for next year.

Float and Shares Shorts:

At present, 71.00 million VAL shares are outstanding with a float of 63.76 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for VAL since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.3755 being high and $4.01012 being low. For VAL, this leads to a yearly average estimate of $4.19281. Based on analyst estimates, the high estimate for the next quarter is $1.53 and the low estimate is $0.97. The average estimate for the next quarter is thus $1.28.

Summary of Insider Activity:

Insiders traded VAL stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.