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


Independence Contract Drilling, Inc. (ICD): $4.18

-0.15 (-3.46%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ICD POWR Grades

  • Momentum is the dimension where ICD ranks best; there it ranks ahead of 99.98% of US stocks.
  • ICD's strongest trending metric is Growth; it's been moving up over the last 177 days.
  • ICD ranks lowest in Stability; there it ranks in the 8th percentile.

ICD Stock Summary

  • With a price/sales ratio of 0.38, INDEPENDENCE CONTRACT DRILLING INC has a higher such ratio than only 10.59% of stocks in our set.
  • As for revenue growth, note that ICD's revenue has grown 113.18% over the past 12 months; that beats the revenue growth of 92.81% of US companies in our set.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ICD comes in at -46.1% -- higher than that of merely 10.58% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to INDEPENDENCE CONTRACT DRILLING INC, a group of peers worth examining would be CYXT, LPG, DAC, CXW, and ASC.
  • ICD's SEC filings can be seen here. And to visit INDEPENDENCE CONTRACT DRILLING INC's official web site, go to www.icdrilling.com.

ICD Valuation Summary

  • ICD's price/earnings ratio is -0.6; this is 106.38% lower than that of the median Energy stock.
  • Over the past 103 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 2023-01-13 0.4 0.3 -0.6 -3.5
ICD 2023-01-12 0.3 0.3 -0.5 -3.3
ICD 2023-01-11 0.3 0.2 -0.5 -3.2
ICD 2023-01-10 0.3 0.2 -0.5 -3.2
ICD 2023-01-09 0.3 0.2 -0.5 -3.2
ICD 2023-01-06 0.3 0.2 -0.4 -3.1

ICD Growth Metrics

    The 5 year revenue growth rate now stands at 167.88%.
  • Its 2 year cash and equivalents growth rate is now at -4.21%.
  • Its 4 year revenue growth rate is now at 167.88%.
Over the past 67 months, ICD's revenue has gone up $87,169,000.

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
2022-09-30 155.012 12.321 -100.265
2022-06-30 129.9 -2.247 -97.373
2022-03-31 107.404 -4.95 -109.483
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

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 $4.18 52-week high $7.40
Prev. close $4.33 52-week low $2.77
Day low $4.14 Volume 60,300
Day high $4.39 Avg. volume 177,761
50-day MA $3.76 Dividend yield N/A
200-day MA $3.56 Market Cap 56.92M

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.

Sidoti's January Micro-Cap Conference

Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Micro-Cap Conference taking place Wednesday and Thursday, January 18-19, 2023.

Yahoo | January 17, 2023

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on January 18th-19th, 2023

Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced that Anthony Gallegos, President and Chief Executive Officer, and Philip Choyce, Executive Vice President and Chief Financial Officer, will be virtually presenting and holding one-on-one meetings at the Sidoti Micro-Cap Conference on January 18th-19th, 2023.

Yahoo | January 12, 2023

Independence Contract Drilling, Inc. (NYSE:ICD) About To Shift From Loss To Profit

Independence Contract Drilling, Inc. ( NYSE:ICD ) is possibly approaching a major achievement in its business, so we...

Yahoo | January 12, 2023

Independence Contract Drilling to Participate in The Singular Research Best of the Uncovered Investor Conference on December 8, 2022

Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) announced today it will be presenting at the Singular Research Best of the Uncovered Investor Conference on Thursday, December 8, 2022, at 12:15 p.m. eastern standard time.

Yahoo | December 2, 2022

Presenting on the Emerging Growth Conference on November 30 Register Now

Niche Companies in, Energy, Therapeutics, Mining, AI, Fintech & more in attendanceMIAMI, Nov. 29, 2022 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth Companies and Markets announces the Schedule of the 45th Emerging Growth Conference on November 30, 2022. The Emerging Growth Conference identifies companies in a wide range of growth sectors, with strong management teams, innova

Yahoo | November 29, 2022

Read More 'ICD' Stories Here

ICD Price Returns

1-mo 32.70%
3-mo 3.47%
6-mo 23.67%
1-year 31.03%
3-year -68.69%
5-year -95.38%
YTD 27.83%
2022 9.00%
2021 2.04%
2020 -85.25%
2019 -68.05%
2018 -21.61%

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