Valaris Limited (NYSE:VAL) Given Average Rating of "Hold" by Brokerages

Valaris Limited (NYSE:VAL - Get Free Report) has been assigned a consensus recommendation of "Hold" from the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $54.0625.3 ETFs Every Investor Needs to Hedge S&P 500 VolatilityVAL has been the subject of a number of recent analyst reports. Zacks Research raised Valaris from a "strong sell" rating to a "hold" rating in a research report on Tuesday, November 4th. Clarkson Capital lowered Valaris from a "buy" rating to a "neutral" rating and set a $54.00 price target on the stock. in a research note on Tuesday, September 2nd. Barclays upped their price objective on shares of Valaris from $43.00 to $50.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 5th. BTIG Research raised their target price on shares of Valaris from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Friday, October 31st. Finally, SEB Equity Research set a $45.50 target price on shares of Valaris in a report on Monday, September 1st.Check Out Our Latest Stock Analysis on VALValaris Stock Performance3 Stocks to Gain From the Rising Demand in Offshore DrillingNYSE:VAL opened at $50.05 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.87 and a quick ratio of 1.87. The firm has a market cap of $3.48 billion, a PE ratio of 8.92 and a beta of 1.16. The firm has a 50 day simple moving average of $54.70 and a 200-day simple moving average of $50.13. Valaris has a 1-year low of $27.15 and a 1-year high of $61.70. Valaris (NYSE:VAL - Get Free Report) last released its earnings results on Wednesday, October 29th. The company reported $2.65 EPS for the quarter, topping the consensus estimate of $1.00 by $1.65. The firm had revenue of $595.70 million during the quarter, compared to analysts' expectations of $568.41 million. Valaris had a net margin of 16.51% and a return on equity of 17.27%. Valaris's revenue was down 7.4% compared to the same quarter last year. On average, equities analysts expect that Valaris will post 3.96 EPS for the current year. Institutional Inflows and Outflows3 Stocks Under $10 That Could Turn Risk Into RewardSeveral large investors have recently made changes to their positions in the company. Saranac Partners Ltd purchased a new stake in Valaris during the third quarter valued at about $335,000. CIBC Bancorp USA Inc. acquired a new position in Valaris during the 3rd quarter worth approximately $331,000. Dark Forest Capital Management LP purchased a new position in Valaris in the 3rd quarter worth approximately $4,122,000. Wexford Capital LP acquired a new stake in Valaris in the third quarter valued at approximately $41,000. Finally, Pureheart Capital Pte Ltd. acquired a new stake in Valaris in the third quarter valued at approximately $2,536,000. 96.74% of the stock is owned by hedge funds and other institutional investors. Valaris Company Profile (Get Free Report)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.Read MoreFive stocks we like better than Valaris5 Top Rated Dividend Stocks to ConsiderWhy Taiwan Semiconductor's 6.5% Dip Could Be a Smart BuyThe Most Important Warren Buffett Stock for Investors: His OwnRTX Surges to Record Highs as Defense Orders ExplodeWhat Makes a Stock a Good Dividend Stock?Smart Money Is Buying Auto Suppliers, Not Car BrandsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Valaris Right Now?Before you consider Valaris, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valaris wasn't on the list.While Valaris currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here