Valaris (NYSE:VAL – Get Free Report) is expected to issue its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to announce earnings of $1.06 per share and revenue of $562.70 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Monday, November 2, 2026 at 4:00 PM ET.
Valaris (NYSE:VAL – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.31 by $0.41. Valaris had a net margin of 43.95% and a return on equity of 9.25%. The company had revenue of $539.20 million during the quarter, compared to the consensus estimate of $488.52 million. During the same period in the previous year, the firm posted $1.61 earnings per share. The firm’s revenue for the quarter was down 12.4% on a year-over-year basis. On average, analysts expect Valaris to post $3.25 EPS for the current fiscal year and $6.68 EPS for the next fiscal year.
Valaris Trading Up 0.1%
VAL opened at $97.39 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.55 and a quick ratio of 1.55. Valaris has a fifty-two week low of $48.08 and a fifty-two week high of $114.12. The firm has a market capitalization of $6.76 billion, a PE ratio of 7.27 and a beta of 1.04. The company’s 50-day moving average is $85.17 and its 200 day moving average is $86.57.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on VAL shares. Wall Street Zen upgraded Valaris to a “hold” rating in a research note on Saturday, October 17th. Weiss Ratings raised Valaris from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, August 17th. Finally, Susquehanna raised their target price on Valaris from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Monday, October 5th. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $67.80.
Check Out Our Latest Analysis on Valaris
About Valaris
Valaris plc is an offshore contract drilling company that provides drilling services to oil and gas operators worldwide. The company works with customers to support offshore exploration, appraisal and development programs in shallow-water and deepwater environments.
Valaris operates a fleet that includes drillships, semisubmersible rigs and jackup rigs. Its services include mobile offshore drilling, well construction support and related rig-management and operational services. The company’s fleet is designed to serve a range of offshore projects, from conventional shelf developments to technically demanding deepwater wells.
With operations spanning major offshore energy regions, Valaris has served customers in areas including the Gulf of Mexico, the North Sea, Brazil, West Africa, the Middle East and the Asia-Pacific region.
See Also
- Five stocks we like better than Valaris
- Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
- Albemarle Upgrade: Can Energy Storage Recharge Lithium’s Leader?
- Consumer Staples Are Up 12% This Year—These 3 Beverage Stocks Are Leading the Way
- Can Planet Fitness Get Its Growth Back in Shape?
Receive News & Ratings for Valaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valaris and related companies with MarketBeat.com's FREE daily email newsletter.
