VAL stock icon

Valaris
VAL

$72.18
1.2%
 

About: Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups. It operates in Floaters, Jackups, ARO and Others. Its majority of the revenue comes from Floaters segment which includes drillships and semisubmersible rigs.

Employees: 5,985

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

9% more capital invested

Capital invested by funds: $4.41B [Q4 2023] → $4.81B (+$398M) [Q1 2024]

7% more call options, than puts

Call options by funds: $66.5M | Put options by funds: $62M

4% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 98

0.04% more ownership

Funds ownership: 88.25% [Q4 2023] → 88.29% (+0.04%) [Q1 2024]

0% more funds holding

Funds holding: 286 [Q4 2023] → 286 (+0) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 20 [Q4 2023] → 20 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 45

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$90
25%
upside
Avg. target
$98
36%
upside
High target
$105
45%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Barclays
Eddie Kim
36%upside
$98
Overweight
Maintained
10 May 2024
Benchmark
Kurt Hallead
25%upside
$90
Buy
Reiterated
6 May 2024
Benchmark
Kurt Hallead
25%upside
$90
Buy
Reiterated
2 May 2024
Barclays
David Anderson
41%upside
$102
Overweight
Maintained
5 Mar 2024
Evercore ISI Group
James West
45%upside
$105
Outperform
Maintained
23 Feb 2024

Financial journalist opinion