Independence Contract Drilling, Inc. (ICD): Price and Financial Metrics


Independence Contract Drilling, Inc. (ICD): $3.99

0.11 (+2.84%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ICD POWR Grades


  • ICD scores best on the Momentum dimension, with a Momentum rank ahead of 97.54% of US stocks.
  • The strongest trend for ICD is in Growth, which has been heading up over the past 158 days.
  • ICD ranks lowest in Stability; there it ranks in the 1st percentile.

ICD Stock Summary

  • With a market capitalization of $48,233,271, Independence Contract Drilling Inc has a greater market value than only 8.67% of US stocks.
  • ICD's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1.21 -- higher than just 5.84% of US-listed equities with positive expected earnings growth.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ICD comes in at -32.82% -- higher than that of only 12.07% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Independence Contract Drilling Inc are GSAT, GTE, VIST, RLJ, and REI.
  • Visit ICD's SEC page to see the company's official filings. To visit the company's web site, go to www.icdrilling.com.

ICD Valuation Summary

  • In comparison to the median Energy stock, ICD's price/earnings ratio is 101.49% lower, now standing at -0.3.
  • Over the past 86 months, ICD's price/sales ratio has gone down 5.5.
  • Over the past 86 months, ICD's price/sales ratio has gone down 5.5.

Below are key valuation metrics over time for ICD.

Stock Date P/S P/B P/E EV/EBIT
ICD 2021-09-03 0.4 0.1 -0.3 -2.2
ICD 2021-09-02 0.4 0.1 -0.3 -2.2
ICD 2021-09-01 0.4 0.1 -0.2 -2.2
ICD 2021-08-31 0.4 0.1 -0.3 -2.2
ICD 2021-08-30 0.4 0.1 -0.3 -2.2
ICD 2021-08-27 0.4 0.1 -0.3 -2.2

ICD Growth Metrics

    Its 3 year net cashflow from operations growth rate is now at -25.8%.
  • The 4 year revenue growth rate now stands at 105.2%.
  • Its 4 year cash and equivalents growth rate is now at 31.62%.
ICD's revenue has moved down $27,436,000 over the prior 15 months.

The table below shows ICD's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-12-31 87.955 -9.579 -66.712
2021-09-30 72.713 -14.508 -78.324
2021-06-30 58.902 -13.601 -89.221
2021-03-31 60.466 -9.094 -84.44
2020-12-31 83.418 0.287 -96.638
2020-09-30 115.391 7.845 -88.552

ICD's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ICD has a Quality Grade of D, ranking ahead of 11.22% of graded US stocks.
  • ICD's asset turnover comes in at 0.182 -- ranking 113th of 137 Petroleum and Natural Gas stocks.
  • PUMP, VVV, and PNRG are the stocks whose asset turnover ratios are most correlated with ICD.

The table below shows ICD's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.182 0.119 -0.124
2021-06-30 0.142 0.107 -0.142
2021-03-31 0.139 0.178 -0.128
2020-12-31 0.183 0.216 -0.146
2020-09-30 0.239 0.247 -0.129
2020-06-30 0.299 0.252 -0.118

ICD Price Target

For more insight on analysts targets of ICD, see our ICD price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $2.50 Average Broker Recommendation 2 (Hold)

ICD Stock Price Chart Interactive Chart >

Price chart for ICD

ICD Price/Volume Stats

Current price $3.99 52-week high $7.40
Prev. close $3.88 52-week low $2.42
Day low $3.85 Volume 111,000
Day high $4.05 Avg. volume 294,238
50-day MA $4.07 Dividend yield N/A
200-day MA $3.66 Market Cap 54.33M

Independence Contract Drilling, Inc. (ICD) Company Bio


Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a fleet of ShaleDriller rigs to optimize the development of various oil and gas properties in the Permian Basin. The company was founded in 2011 and is based in Houston, Texas.


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Latest ICD News From Around the Web

Below are the latest news stories about Independence Contract Drilling Inc that investors may wish to consider to help them evaluate ICD as an investment opportunity.

Independence Contract Drilling, Inc. (NYSE:ICD) Major Shareholder Acquires $82,200.00 in Stock

Independence Contract Drilling, Inc. (NYSE:ICD) major shareholder William Monroe purchased 30,000 shares of the companys stock in a transaction on Tuesday, December 14th. The stock was acquired at an average price of $2.74 per share, with a total value of $82,200.00. The purchase was disclosed in a document filed with the SEC, which is available [] The post Independence Contract Drilling, Inc. (NYSE:ICD) Major Shareholder Acquires $82,200.00 in Stock appeared first on ETF Daily News .

ETF Daily News | December 22, 2021

Independence Contract Drilling, Inc. (NYSE:ICD) Major Shareholder Acquires $186,600.00 in Stock

Independence Contract Drilling, Inc. (NYSE:ICD) major shareholder William Monroe acquired 60,000 shares of the firms stock in a transaction that occurred on Friday, November 26th. The stock was acquired at an average price of $3.11 per share, with a total value of $186,600.00. The transaction was disclosed in a filing with the Securities & Exchange []

Dakota Financial News | December 22, 2021

Short Interest in Independence Contract Drilling, Inc. (NYSE:ICD) Increases By 39.6%

Independence Contract Drilling, Inc. (NYSE:ICD) saw a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 412,800 shares, a growth of 39.6% from the November 15th total of 295,800 shares. Based on an average daily trading volume, of 305,900 shares, the short-interest ratio is presently []

Transcript Daily | December 19, 2021

Independence Contract Drilling, Consensus Indicates Potential 48.7% Upside

Independence Contract Drilling, found using ticker (ICD) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 7 and 1 calculating the average target price we see 4. Now with the previous closing price of 2.69 this is indicating there is a potential upside of 48.7%. The day 50 moving average is 3.73 while the 200 day moving average is 3.63. The company has a market cap of $27m. Company Website: https://www.icdrilling.com [stock_market_widget type="chart" symbol="ICD" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States. The company constructs, owns, and operates a flee...

DirectorsTalk | December 16, 2021

Short Interest in Independence Contract Drilling, Inc. (NYSE:ICD) Increases By 57.8%

Independence Contract Drilling, Inc. (NYSE:ICD) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 295,800 shares, a growth of 57.8% from the October 31st total of 187,500 shares. Based on an average trading volume of 298,000 shares, the short-interest ratio is presently 1.0 []

Dakota Financial News | December 3, 2021

Read More 'ICD' Stories Here

ICD Price Returns

1-mo -3.16%
3-mo 4.18%
6-mo 31.25%
1-year 14.33%
3-year -90.50%
5-year -94.92%
YTD 33.00%
2021 2.04%
2020 -85.25%
2019 -68.05%
2018 -21.61%
2017 -40.60%

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