Gilles Luca, Senior Vice President - Chief Operating Officer of Valaris Ltd (VAL, Financial), sold 30,000 shares of the company on September 9, 2024. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 108,342 shares of Valaris Ltd.
Valaris Ltd operates as an offshore drilling contractor in the oil and gas industry. The company provides drilling services on a global basis with a fleet of rigs that includes drillships and semisubmersible rigs.
Over the past year, Gilles Luca has engaged in multiple transactions involving the company's stock, selling a total of 30,000 shares and purchasing none. This recent sale aligns with a broader trend within the company, where there have been 2 insider sells and no insider buys over the past year.
On the date of the sale, shares of Valaris Ltd were priced at $56.86. This valuation places the company's market cap at approximately $3.97 billion. The price-earnings ratio of Valaris Ltd stands at 3.94, which is below both the industry median of 10.54 and the company’s historical median.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Valaris Ltd has a GF Value of $99.44. With the current price of $56.86, the stock has a price-to-GF-Value ratio of 0.57, indicating that it is a possible value trap and investors should think twice before investing based on its GF Value.
The GF Value is determined by considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
