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

Independence Contract Drilling, Inc. (ICD): $1.91

0.08 (-4.02%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

D

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Industry: Energy - Drilling

Industry

F

Ranked

#7 of 14

in industry

ICD Price/Volume Stats

Current price $1.91 52-week high $4.68
Prev. close $1.99 52-week low $1.85
Day low $1.90 Volume 45,600
Day high $1.99 Avg. volume 46,238
50-day MA $2.18 Dividend yield N/A
200-day MA $2.64 Market Cap 26.90M

ICD Stock Price Chart Interactive Chart >

ICD POWR Grades

  • ICD scores best on the Value dimension, with a Value rank ahead of 90.65% of US stocks.
  • ICD's strongest trending metric is Value; it's been moving up over the last 26 weeks.
  • ICD's current lowest rank is in the Growth metric (where it is better than 5.41% of US stocks).

ICD Stock Summary

  • The price/operating cash flow metric for INDEPENDENCE CONTRACT DRILLING INC is higher than only 1.83% of stocks in our set with a positive cash flow.
  • With a price/sales ratio of 0.15, INDEPENDENCE CONTRACT DRILLING INC has a higher such ratio than merely 3.84% of stocks in our set.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ICD comes in at 49.44% -- higher than that of 96.3% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to INDEPENDENCE CONTRACT DRILLING INC are LPG, JBGS, PANL, INSW, and DO.
  • 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 -4.1; this is 147.95% lower than that of the median Energy stock.
  • Over the past 114 months, ICD's price/sales ratio has gone down 5.7.

Below are key valuation metrics over time for ICD.

Stock Date P/S P/B P/E EV/EBIT
ICD 2023-12-28 0.2 0.2 -4.1 10.1
ICD 2023-12-27 0.2 0.2 -4.2 10.1
ICD 2023-12-26 0.2 0.2 -4.2 10.1
ICD 2023-12-22 0.2 0.2 -4.3 10.2
ICD 2023-12-21 0.2 0.2 -4.3 10.1
ICD 2023-12-20 0.2 0.2 -4.3 10.1

ICD Growth Metrics

    The 3 year revenue growth rate now stands at -39.44%.
  • Its 5 year net income to common stockholders growth rate is now at -209.06%.
  • The 5 year net cashflow from operations growth rate now stands at 180.93%.
Over the past 33 months, ICD's revenue has gone down $48,590,000.

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)

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 (NYSE:ICD) Is Doing The Right Things To Multiply Its Share Price

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Yahoo | December 7, 2023

11 Most Volatile Stocks Under $5 For Day Trading

In this piece, we will take a look at the 11 most volatile stocks under $5 for day trading. If you want to skip our introduction to stock indicators and the broader market environment, then take a look at 5 Most Volatile Stocks Under $5 For Day Trading. While all stocks can be bought on […]

Yahoo | December 3, 2023

Sidoti Events, LLC’s Virtual November Micro-Cap Conference

NEW YORK, NY / ACCESSWIRE / November 14, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day November Micro-Cap Conference taking place Wednesday and Thursday, November ...

Yahoo | November 14, 2023

Independence Contract Drilling to Present at Sidoti Micro-Cap Virtual Conference on November 15 and 16, 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 & Chief Financial Officer, will be virtually presenting and holding one-on-one meetings at the Sidoti Micro-Cap Conference on November 15 and 16, 2023.

Yahoo | November 10, 2023

Stonegate Capital Partners Updates Coverage on Independence Contract Drilling, Inc (ICD) Q3 2023

Dallas, Texas--(Newsfile Corp. - November 3, 2023) - Independence Contract Drilling, Inc (NYSE: ICD): Stonegate Capital Partners updates coverage on Independence Contract Drilling, Inc. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: ...

Yahoo | November 3, 2023

Read More 'ICD' Stories Here

ICD Price Returns

1-mo -7.28%
3-mo -20.42%
6-mo -33.68%
1-year -47.24%
3-year -70.97%
5-year -97.02%
YTD -22.04%
2023 -25.08%
2022 9.00%
2021 2.04%
2020 -85.25%
2019 -68.05%

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