Stock ICD INDEPENDENCE CONTRACT DRILLING, INC.
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Ratings Independence Contract Drilling, Inc.

Equities

ICD

US4534156066

Real-time Estimate Cboe BZX
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 11:27:22 2024-05-03 am EDT 		5-day change 1st Jan Change
1.77 USD -2.21% Intraday chart for Independence Contract Drilling, Inc. -1.61% -25.31%
May. 01 Transcript : Independence Contract Drilling, Inc., Q1 2024 Earnings Call, May 01, 2024
May. 01 Earnings Flash (ICD) INDEPENDENCE CONTRACT DRILLING Posts Q1 Revenue $46.6M MT

Summary

  • On the basis of various fundamental qualitative criteria, the company appears to be particularly poorly ranked from a medium and long-term investment perspective.

Strengths

  • The company appears to be poorly valued given its net asset value.
  • Given the positive cash flows generated by its business, the company's valuation level is an asset.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

Weaknesses

  • As estimated by analysts, this group is among those businesses with the lowest growth prospects.
  • The company has insufficient levels of profitability.
  • One of the major weak points of the company is its financial situation.
  • For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
  • The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
  • For the past year, analysts have significantly revised downwards their profit estimates.
  • For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
  • The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Drilling

1st Jan change Capi. Investor Rating ESG Refinitiv
INDEPENDENCE CONTRACT DRILLING, INC. Stock Independence Contract Drilling, Inc.
-25.31% 27.54M
C
ADNOC DRILLING COMPANY Stock ADNOC Drilling Company
+2.12% 16.68B -
CHINA OILFIELD SERVICES LIMITED Stock China Oilfield Services Limited
+4.01% 9.2B
B-
NOBLE CORPORATION PLC Stock Noble Corporation Plc
-7.85% 6.29B
C-
ADES HOLDING COMPANY Stock ADES Holding Company
-16.75% 5.83B -
VALARIS LIMITED Stock Valaris Limited
-1.52% 4.71B
B
TRANSOCEAN LTD. Stock Transocean Ltd.
-12.60% 4.4B
B-
PATTERSON-UTI ENERGY, INC. Stock Patterson-UTI Energy, Inc.
-1.94% 4.27B
B-
SINOPEC OILFIELD SERVICE CORPORATION Stock Sinopec Oilfield Service Corporation
+9.28% 3.88B
B-
HELMERICH & PAYNE, INC. Stock Helmerich & Payne, Inc.
+4.76% 3.73B
C+
Investor Rating
Trading Rating
ESG Refinitiv

Financials

Sales growth
Earnings Growth
-
EBITDA / Sales
Profitability
Finances

Valuation

P/E ratio
-
EV / Sales
Price to Book
Price to Free Cash Flow
Yield
-

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
Earnings quality

Environment

Emissions
Innovation
Use of resources

Social

Social commitment
Human Rights
Product liability
Human Resources

Governance

CSR Strategy
Management
Shareholders

Controversy

Controversy

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
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