Diamond Offshore Drilling Stock Analysis

Diamond Stock Analysis Notes

About 91.0% of the company shares are held by institutions such as insurance companies. The book value of Diamond Offshore was currently reported as 6.3. The company has Price/Earnings To Growth (PEG) ratio of 0.03. Diamond Offshore Drilling recorded a loss per share of 0.44. The entity last dividend was issued on the 10th of November 2015. The firm had 2:1 split on the 15th of August 1997. Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 1900 people. To learn more about Diamond Offshore Drilling call Bernie Wolford at 281 492 5300 or check out https://www.diamondoffshore.com.

Diamond Offshore Drilling Investment Alerts

Diamond Offshore Drilling Upcoming and Recent Events

Diamond Largest EPS Surprises

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Diamond Offshore Thematic Classifications

Diamond Stock Institutional Investors

Note, although Diamond Offshore's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Diamond Market Capitalization

The company currently falls under 'Mid-Cap' category with a market capitalization of 1.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Diamond Offshore's market, we take the total number of its shares issued and multiply it by Diamond Offshore's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Diamond Profitablity

The company has Net Profit Margin (PM) of (0.05) %, which may indicate that it does not properly execute on its own pricing strategies. This is way below average. Likewise, it shows Net Operating Margin (NOM) of 0.16 %, which signifies that for every $100 of sales, it has a net operating income of $0.16.

Management Efficiency

Diamond Offshore Drilling has Return on Asset (ROA) of 0.018 % which means that for every $100 of assets, it generated a profit of $0.018. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0675) %, which implies that it produced no returns to current stockholders. Diamond Offshore's management efficiency ratios could be used to measure how well Diamond Offshore manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Diamond Offshore's Non Currrent Assets Other are very stable compared to the past year. As of the 19th of April 2024, Total Current Assets is likely to grow to about 860.4 M, while Total Assets are likely to drop about 1.6 B.

Technical Drivers

As of the 19th of April, Diamond Offshore shows the Mean Deviation of 1.81, semi deviation of 2.21, and Downside Deviation of 2.37. Diamond Offshore Drilling technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Diamond Offshore Drilling, which can be compared to its peers. Please confirm Diamond Offshore Drilling information ratio, and the relationship between the downside deviation and value at risk to decide if Diamond Offshore Drilling is priced favorably, providing market reflects its regular price of 12.86 per share. Given that Diamond Offshore has jensen alpha of 0.0783, we urge you to verify Diamond Offshore Drilling's prevailing market performance to make sure the company can sustain itself at a future point.

Diamond Offshore Drilling Price Movement Analysis

Diamond Offshore Drilling Insider Trading Activities

Diamond Offshore Predictive Daily Indicators

Diamond Offshore Corporate Filings

Diamond Offshore Forecast Models

Diamond Offshore's time-series forecasting models are one of many Diamond Offshore's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Diamond Offshore's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Diamond Offshore prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Diamond shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Diamond Offshore. By using and applying Diamond Stock analysis, traders can create a robust methodology for identifying Diamond entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Diamond analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Diamond analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Diamond Offshore Drilling stock analysis indicators help investors evaluate how Diamond Offshore stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Diamond Offshore shares will generate the highest return on investment. By understating and applying Diamond Offshore stock analysis, traders can identify Diamond Offshore position entry and exit signals to maximize returns.

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When running Diamond Offshore's price analysis, check to measure Diamond Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Offshore is operating at the current time. Most of Diamond Offshore's value examination focuses on studying past and present price action to predict the probability of Diamond Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Offshore's price. Additionally, you may evaluate how the addition of Diamond Offshore to your portfolios can decrease your overall portfolio volatility.

Is Diamond Offshore's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Offshore. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Diamond Offshore Drilling is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Offshore's value that differs from its market value or its book value, called intrinsic value, which is Diamond Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Offshore's market value can be influenced by many factors that don't directly affect Diamond Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Diamond Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.