ENSCO stock: buy or sell?
August 2nd, 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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with ENSCO stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is ENSCO stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 11 ratings published for ESV stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-10||Bank of America||n/a||Underperform|
|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
ENSCO shares collapsed -25.85% to $5.02 on August.
ENSCO ended on August at $5.02 and collapsed a bloodcurdling -25.85%.
Shares of ENSCO ended this week at $5.02 and plummed a spooky -30.95%. With this, it's been 4 sliding weeks in a row, loosing $-3.89 (-45.60%). Late June ESV skyrocketed an astounding 8.68% in just one week.
Since mid November 2018, when ESV stock price broke down the 40-weeks moving avarage line, it slid $-22.79 per share (-81.95%). Stocks under the 200 days moving average line are usually not recommended for average traders.
ENSCO stock price history
ENSCO stock went public on February 28th, 1980 with a price of $108.781. Since then, ESV stock declined a -95.40%, with a yearly average of -2.40%.
1: Adjusted price after possible price splits or reverse-splits.
ENSCO stock historical price chart
ESV stock reached 52-week highs on October at $37.89, and all-time highs 2008-06-19 with a price of 261.65.
ENSCO stock price target is $10.80How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 5 price predictions for ESV stock:
|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 presented its financial report, in line with analysts' consensus and published a $-0.39 Earnings per Share. As soon as we get its actual EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a tragic slide of -7.47% to $1,705.40 M USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) collapsed 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 reported $399.00 million in revenues for 2018-Q4, a -7.40% decline compared to previous quarter. Reported quarter income marked $-203.60 M with a profit margin of -51.03%. Profit margin plummed a -17.38% compared to previous quarter when profit margin was -33.65%. When comparing revenues to same quarter last year, ENSCO sales marked a scary drop down and plunged a -12.15%. Looking back to recent quarterly results, ENSCO posted 2 positive 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 buy shares of a company, it's worth to overview its ownership structure.
ENSCO shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to ENSCO:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, August 2nd, 2019|
|Day range||$5.00 - $6.79|
|Average true range||$0.77|
|50d mov avg||$8.10|
|100d mov avg||$11.50|
|200d mov avg||$16.24|
ENSCO performanceTo better understand ENSCO performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare ENSCO to :