Shares of Seadrill Ltd (NASDAQ:SDRL) have been assigned a consensus recommendation of “Sell” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $2.75.

A number of equities analysts have commented on SDRL shares. Zacks Investment Research upgraded shares of Seadrill from a “sell” rating to a “hold” rating in a report on Tuesday, March 21st. Societe Generale lowered shares of Seadrill from a “hold” rating to a “sell” rating in a report on Wednesday, May 31st.

Seadrill (NASDAQ SDRL) traded down 2.09% during trading on Friday, reaching $0.38. The company had a trading volume of 5,257,198 shares. Seadrill has a 52-week low of $0.33 and a 52-week high of $4.59. The company’s market capitalization is $191.69 million. The stock has a 50 day moving average price of $0.48 and a 200-day moving average price of $1.59.

Seadrill (NASDAQ:SDRL) last posted its earnings results on Wednesday, May 24th. The company reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.11. The business had revenue of $569 million for the quarter, compared to analyst estimates of $584.11 million. Seadrill had a net margin of 10.02% and a return on equity of 2.69%. On average, equities research analysts anticipate that Seadrill will post ($0.13) earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of the company. State Street Corp raised its position in shares of Seadrill by 6.3% in the fourth quarter. State Street Corp now owns 7,346,078 shares of the company’s stock worth $25,052,000 after buying an additional 433,678 shares in the last quarter. Shah Capital Management raised its position in shares of Seadrill by 36.3% in the second quarter. Shah Capital Management now owns 7,089,967 shares of the company’s stock worth $2,556,000 after buying an additional 1,887,000 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Seadrill by 2.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,667,982 shares of the company’s stock worth $5,688,000 after buying an additional 46,066 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in shares of Seadrill by 2.9% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 272,698 shares of the company’s stock worth $930,000 after buying an additional 7,733 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Seadrill by 170.4% in the fourth quarter. AQR Capital Management LLC now owns 117,802 shares of the company’s stock worth $403,000 after buying an additional 74,241 shares in the last quarter.

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About Seadrill

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow-, mid-, deep-, and ultra deepwater areas, and in benign and harsh environments.

Analyst Recommendations for Seadrill (NASDAQ:SDRL)

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