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Stock impact report

Is It Too Late To Consider Subsea 7 After Its Strong Multi Year Share Price Rally [Yahoo! Finance]

SUBSEA 7 S.A. S/ADR (SUBCY) 
NASDAQ:AMEX Investor Relations: subsea7.com/en/investor-relations.html
Company Research Source: Yahoo! Finance
The stock has cooled slightly in the last week, down about 2.0%. That comes after a 4.4% gain over the last month, 18.6% over the past year, 114.3% over three years and 168.7% over five years, which naturally raises the question of how much upside is left from here. Recent moves have been driven largely by shifting sentiment toward offshore energy and subsea infrastructure, as investors have become more comfortable with longer term project backlogs and energy transition spending. Alongside that, contract awards and renewed focus on subsea installation capacity have helped frame Subsea 7 as a key beneficiary of any sustained upcycle in offshore development. On our metrics, Subsea 7 scores just 2/6 on the valuation checks, which suggests pockets of undervaluation but also some areas where the market may already be pricing in growth. Next we will break down those different valuation approaches before circling back to an even better way of thinking about what the stock is really wort Show less Read more
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