ENSCO stock: buy or sell?
May 20th, 2019
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:
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||Yes|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-17||Royal Bank of Canada||n/a||Outperform|
|2019-4-23||Piper Jaffray Companies||n/a||Hold|
|2019-3-1||Wells Fargo & Co||n/a||Buy|
ENSCO stock analysis
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.
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%).
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 $10.80How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-17||Royal Bank of Canada||Initiates||n/a||$15.00||-|
|2019-5-17||Citigroup||Set Price Target||n/a||$13.00||-|
|2019-4-23||Piper Jaffray Companies||Set Price Target||n/a||$16.00||-|
|2019-3-5||B. Riley||Lowers Target||$7.00||$5.00||-28.6%|
|2019-3-26||Societe Generale||Set Price Target||n/a||$5.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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 resultsENSCO 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.
|2017-Q2||$458 M||-||$-46.00 M-10.1%||-|
|2017-Q3||$460 M||0.59%||$-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||$459 M||9.95%||$-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||$406 M||1.73%||$-190.40 M-46.9%||-6.48%|
ENSCO ownershipWhen 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:
|Market cap||$2.0 B|
|Total shares||197.5 M|
|Float shares||196.4 M|
|- Institutional holdings (%)||107.0%|
|- Insider holdings (%)||0.7%|
|Shares in short selling||0.0%|
|Monday, May 20th, 2019|
|Day range||$10.03 - $10.77|
|Average true range||$0.78|
|50d mov avg||$9.29|
|100d mov avg||$6.81|
|200d mov avg||$6.81|
ENSCO performancePerformance 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: