Valaris Q4 EPS Estimate Lowered by Capital One Financial

Valaris Limited (NYSE:VAL) – Stock analysts at Capital One Financial dropped their Q4 2024 earnings per share estimates for shares of Valaris in a research report issued to clients and investors on Tuesday, February 18th. Capital One Financial analyst D. Becker now anticipates that the company will earn $0.85 per share for the quarter, down from their prior estimate of $1.32. The consensus estimate for Valaris’ current full-year earnings is $5.39 per share. Capital One Financial also issued estimates for Valaris’ Q1 2025 earnings at $0.86 EPS, Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.05 EPS, Q4 2025 earnings at $0.19 EPS, FY2025 earnings at $3.21 EPS, Q1 2026 earnings at $0.23 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $2.02 EPS and FY2026 earnings at $4.75 EPS.

VAL has been the subject of a number of other reports. JPMorgan Chase & Co. initiated coverage on Valaris in a research note on Friday, December 6th. They set an “underweight” rating and a $40.00 price target for the company. Evercore ISI downgraded shares of Valaris from an “outperform” rating to an “in-line” rating and dropped their price objective for the company from $87.00 to $59.00 in a research note on Wednesday, January 15th. StockNews.com raised Valaris to a “sell” rating in a research report on Thursday. Susquehanna dropped their price objective on Valaris from $61.00 to $55.00 and set a “neutral” rating on the stock in a research report on Friday, November 1st. Finally, Citigroup lifted their price objective on shares of Valaris from $47.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $56.83.

Valaris Price Performance

Valaris stock opened at $44.60 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.51. Valaris has a 12-month low of $39.90 and a 12-month high of $84.20. The firm has a market capitalization of $3.17 billion, a PE ratio of 8.68 and a beta of 1.10. The firm has a 50-day moving average price of $45.45 and a 200-day moving average price of $50.85.

Valaris (NYSE:VAL) last released its quarterly earnings results on Wednesday, February 19th. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.68. The company had revenue of $584.40 million for the quarter, compared to analyst estimates of $578.01 million. Valaris had a return on equity of 17.67% and a net margin of 15.81%.

Institutional Investors Weigh In On Valaris

A number of large investors have recently modified their holdings of VAL. Quarry LP acquired a new position in Valaris during the third quarter worth about $25,000. Sterling Capital Management LLC grew its holdings in shares of Valaris by 518.3% during the 4th quarter. Sterling Capital Management LLC now owns 742 shares of the company’s stock worth $33,000 after purchasing an additional 622 shares during the period. Signaturefd LLC boosted its stake in Valaris by 395.0% during the fourth quarter. Signaturefd LLC now owns 1,475 shares of the company’s stock worth $65,000 after buying an additional 1,177 shares during the period. Blue Trust Inc. raised its stake in shares of Valaris by 41.0% in the 4th quarter. Blue Trust Inc. now owns 1,758 shares of the company’s stock valued at $78,000 after acquiring an additional 511 shares during the period. Finally, Quadrant Capital Group LLC lifted its holdings in shares of Valaris by 326.9% in the 4th quarter. Quadrant Capital Group LLC now owns 1,874 shares of the company’s stock worth $83,000 after acquiring an additional 1,435 shares during the last quarter. Hedge funds and other institutional investors own 96.74% of the company’s stock.

About Valaris

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs.