Oct. 18, 2019 Price forecast | 2 weeks: 6.16% | 1 month: 6.95% | 3 months: 8.03%


ICD stock forecast

Our latest prediction for Independence Contract Drilling, Inc.'s stock price was made on the Oct. 18, 2019 when the stock price was at 0.83$.

In the short term (2weeks), ICD's stock price should outperform the market by 6.16%. During that period the price should oscillate between -5.39% and +17.12%.

In the medium term (3months), ICD's stock price should outperform the market by 8.03%. During that period the price should oscillate between -12.11% and +39.23%.


About Independence Contract Drilling, Inc.

Independence Contract Drilling, Inc. engages in the provision of land-based contract drilling services for oil and natural gas producers. It involves in owning an established rig manufacturing business and proprietary rig designs. The company was founded by Philip A. Choyce and Byron A. Dunn on November 4, 2011 and is headquartered in Houston, TX.

At the moment the company generates 204M USD in revenues.

On its last earning announcement, the company reported a loss of -0.42$ per share.

The book value per share is 5.98$

Independence Contract Drilling, Inc. website


Three months stock forecastOct. 18, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
204M 14.20% 12M 6.10% -28M -0.42 - - 66M 5.98 33M -48M -15M