ENSCO stock: buy or sell?

ESV stock price: $10.23 -5.80% At close on May 20th, 2019

Updated on:
May 20th, 2019

2

ENSCO plummed a bloodcurdling -5.80% and closed at $10.23. With Monday it's been 4 sliding days in a row, loosing $-1.28 (-11.74%). On Tuesday ESV boosted a super good 5.30%.

Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. It operates through three segments: Floaters, Jackups, and Other.

Should I buy ENSCO stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Just 1 of our buy setups matches with ENSCO stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MAYes

Is ENSCO stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 10 ratings published for ESV stock in the last month.

The general sentiment of these ratings is bullish for ESV stock, with 5 positive ratings.
Is ESV a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-17Royal Bank of Canadan/aOutperform
2019-5-17Citigroupn/aHold
2019-4-23Piper Jaffray Companiesn/aHold
2019-4-16Morgan Stanleyn/aOverweight
2019-4-11Citigroupn/aNeutral
2019-3-8HSBCHoldBuy
2019-3-5B. RileyNeutralNeutral
2019-3-26Societe Generalen/aHold
2019-3-1Wells Fargo & Con/aBuy
2019-1-9DNB MarketsHoldBuy

ENSCO stock analysis

Daily outlook

Shares of ENSCO closed today at $10.23 and plummed a bloodcurdling -5.80%.

ENSCO plummed a bloodcurdling -5.80% and closed at $10.23. Since SMA100d and SMA200d crossed up today, ESV price slid a -5.80%. Since price and SMA200d lines crossed up on April 11th, ESV climbed $6.26 (157.68%). ESV marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $13.27 would break this short term down trend and open possibilities for reversing this situation.

ESV stock chart (daily)

Weekly outlook

ENSCO plummed a bloodcurdling -5.80% this week. Early April ESV skyrocketed an amazing 74.43% in just one week. For 4 weeks in a row, price slid and lost a -36.19%.

ENSCO stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, ESV might consolidate in a flat-base, waiting to break out over or down under . Since SMA20w and SMA40w crossed up early May, ESV price slid a -22.56%. Since early April when ESV stock price broke up the SMA40w line, it gained $6.20 (153.85%).

ESV stock chart (weekly)

ENSCO stock price history

ENSCO IPO was on March 17th, 1980 at $21.13 per share1. Since then, ESV stock declined a -51.60%, with a yearly average of -1.30%.

1: Adjusted price after possible price splits or reverse-splits.

ENSCO stock historical price chart

ESV stock reached 52-week highs on Apr/24 at $17.35, and all-time highs 2008-06-19 with a price of 65.41.

ENSCO stock price target is $10.80

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 5 price predictions for ENSCO stock posted in the last month:
ESV stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-17Royal Bank of CanadaInitiatesn/a$15.00-
2019-5-17CitigroupSet Price Targetn/a$13.00-
2019-4-23Piper Jaffray CompaniesSet Price Targetn/a$16.00-
2019-3-5B. RileyLowers Target$7.00$5.00-28.6%
2019-3-26Societe GeneraleSet Price Targetn/a$5.00-
(in average)$7.00$10.8054.0%
The price forecast for ENSCO stock is $10.80, moving in a range between $16.00 and $5.00. In average, analysts' outlook on ESV price forecast is positive, improving the prediction by a 54.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, ENSCO was in line with the forecasts of the analysts and reported an EPS of $-0.39 per share. As soon as we get its actual EPS from the earnings report, we will extend this report.
ESV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.15n/a
2017-Q32017-10-26-0.13-0.05n/a
2017-Q42018-02-26-0.26-0.23n/a
2018-Q12018-04-25-0.25-0.32n/a
2018-Q22018-07-25-0.33-0.3n/a
2018-Q32018-10-29-0.35-0.33n/a
2018-Q42019-02-27-0.38-0.39n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, ENSCO annual turnover fell an awful -7.47% to $1,705.40 M dollars from $1,843.00 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) plummed a -21.03% to -37.51%.

ESV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$4,920 M-$1,420 M28.9%-
2014$4,565 M-7.23%$-3,902.60 M-85.5%-374.83%
2015$4,063 M-10.98%$-1,594.80 M-39.2%-59.13%
2016$2,776 M-31.67%$890 M32.1%-155.82%
2017$1,843 M-33.62%$-303.70 M-16.5%-134.12%
2018$1,705 M-7.47%$-639.70 M-37.5%110.64%

Quarterly financial results

ENSCO posted $399.00 M in revenues for 2018-Q4, a -7.40% less compared to previous quarter. Reported quarter earnings marked $-203.60 M with a profit margin of -51.03%. Profit margin collapsed a -17.38% compared to previous quarter when profit margin was -33.65%. When comparing turnover to same quarter last year, ENSCO sales marked a dreadful correction and plunged a -12.15%. Looking back to recent quarterly results, ENSCO posted 2 negative quarters in a row.
ESV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$458 M-$-46.00 M-10.1%-
2017-Q3$460 M0.59%$-25.30 M-5.5%-45.00%
2017-Q4$454 M-1.30%$-207.10 M-45.6%718.58%
2018-Q1$417 M-8.19%$-140.10 M-33.6%-32.35%
2018-Q2$459 M9.95%$-151.00 M-32.9%7.78%
2018-Q3$431 M-6.02%$-145.00 M-33.7%-3.97%
2018-Q4$399 M-7.40%$-203.60 M-51.0%40.41%
2019-Q1$406 M1.73%$-190.40 M-46.9%-6.48%

ENSCO ownership

When you are planning to invest in a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For ENSCO, 0.69% of all outstanding shares are owned by its staff.

Bearish positions for ESV stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

ESV
Market cap$2.0 B
Total shares197.5 M
Float shares196.4 M
  - Institutional holdings (%)107.0%
  - Insider holdings (%)0.7%
Shares in short selling0.0%

ENSCO summary

Monday, May 20th, 2019
Open$10.76
Close$10.23
Day range$10.03 - $10.77
Previous close$10.86
Session gain-5.80%
Average true range$0.78
50d mov avg$9.29
100d mov avg$6.81
200d mov avg$6.81
Daily patternlb06a
Weekly pattern lt06a

ENSCO performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared ENSCO against in the following table:
Stock3m6m12m
ESVENSCO132.50%64.21%61.61%

ENSCO competitors

Unfortunately, we could not find any public company that could be defined as ENSCO competitor. This doesn't mean ENSCO does not have any competitor in the market, it's just we could not detected it.