They set an “outperform” rating and a $10.00 target price for the company. Taking a look at the long term growth prospects of the stock, sell-side analysts have a consensus mean earnings per share estimate for the current year of $0.31. Scotia Howard Weill started coverage on shares of Ensco PLC in a research report on Wednesday.
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A current consensus EPS estimate for next quarter is at $0.07 and 3 month ago EPS forecast was $0.30. Ensco PLC has a 12 month low of $6.67 and a 12 month high of $18.93. 22 advised the “Hold” rating about this stock. The variance in the lower and upper price target of the stock is from $7.5 to $12 respectively with the standard deviation of all price targets being $1.304.
Ensco PLC (NYSE:ESV) opened at 6.767 on Thursday. 24 advised “Hold Rating” regarding the stock.
According to TIPRANKS, Based on 10 analysts offering recommendations for ESV in the last 3 months, the overall consensus is Hold (by analysts ranked 0 to 5 stars). The company has a market capitalization of $58.96B and a PE ratio of 11.29.
The Relative Volume of the company is 1.84 and Average Volume (3 months) is 7.84 million. “The stock has been suggested as “Buy” from “2” Analysts”. ESV’s 50-day average is $8.26 and its 200-day average is $9.86. Ensco PLC’s quarterly revenue was down 14.1% compared to the same quarter previous year. Ensco PLC had a negative net margin of 39.67% and a positive return on equity of 10.06%.
EPS growth in past 5 year was -29.50% along with sales growth of 19.40% in the last five years. The business’s revenue for the quarter was down 14.1% on a year-over-year basis.
For current fiscal year, most recent EPS estimate is set at $1.42 based on Analyst consensus and three month ago consensus EPS opinions was at $1.88.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be given a dividend of $0.01 per share. WA bought a new stake in Ensco PLC during the first quarter valued at approximately $1,371,000. The ex-dividend date is Wednesday, August 31st. ENSCO PLC’s total market value is presently $0.0. This represents a $0.04 annualized dividend and a dividend yield of 0.58%.
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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new stake in Ensco PLC during the fourth quarter valued at approximately $44,067,000. 2 presented the recommendations about the stock as a “Buy” signal and “Overweight” signal was reported by 1. Brookstone Capital Management acquired a new position in Ensco PLC during the first quarter valued at approximately $2,752,000. Finally, First Allied Advisory Services Inc. bought a new stake in shares of Ensco PLC during the second quarter worth approximately $129,000. Finally, ICM Asset Management Inc. The company owns and operates an offshore drilling rig fleet of 68 rigs, including 4 rigs under construction located in the Middle East and Africa, the Asia Pacific, Europe, North and South America, Europe, and the Mediterranean. The Company’s segments include Floaters, Jackups and Other. The Company provides offshore contract drilling services to the worldwide oil and gas industry. Its Floaters segment includes the Company’s drillships and semisubmersible rigs, and provides contract drilling.
