The stock remained in the red for the whole trading day. The firm has a 50-day moving average price of $8.26 and a 200 day moving average price of $9.86. $2 billion in notes are due in June 2017. The stock volatility for week was 6.34% while for month was 5.67%.The stock, as of last close, traded 3.00% to its 52 week low and was changed -63.25% from its 52 week high.
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25 number of analysts have estimated the sales of the company for the quarter ending Oct 26, 2016- Oct 31, 2016, analysts estimated mean sale target of 515.23 million while high and low sale targets are estimated at 602 million and 437 million respectively. Ensco PLC had a positive return on equity of 10.06% and a negative net margin of 39.67%. Average recommendation stands as “OVERWEIGHT” with consensus analysis of “28” Analysts (FactSet data). During the same quarter in the previous year, the company posted $1.11 earnings per share. In contrast to the year ago quarter EPS was at 0.44. The offshore drilling services provider reported $2.04 EPS for the quarter, topping the Zacks’ consensus estimate of $0.53 by $1.51.
The business also recently declared a quarterly dividend, which was paid on Friday, September 16th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Wednesday, August 31st. Ensco PLC’s dividend payout ratio is now -0.60%.
Several large investors have recently added to or reduced their stakes in ESV. Shoker Investment Counsel Inc. now owns 10,496 shares of the offshore drilling services provider’s stock worth $101,000 after buying an additional 111 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in Ensco PLC during the first quarter valued at approximately $593,000. Some “buy” ratings have been given to offshore drillers (IYE) Transocean (RIG), Diamond Offshore (DO), and Atwood Oceanics (ATW). Selway Asset Management now owns 93,663 shares of the offshore drilling services provider’s stock valued at $909,000 after buying an additional 600 shares during the period. Finally, DNB Markets downgraded shares of Ensco PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 19th. However, in the past 1 week, the selling of the stock is down by -6% relative to the S&P 500. Institutional investors own 85.81% of the company’s stock. Howard Weil reaffirmed a “sector outperform” rating on shares of Ensco PLC in a research report on Thursday. There are now 13 brokerage firms covering ENSCO plc, offering earnings per share estimates as well as future price target projections.
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04/07/2016 – Nomura began new coverage on ENSCO plc giving the company a “reduce” rating. They now have a Dollars 9 price target on the stock. Breaking those down we see that the ratings are as follows: 1 Strong Buy, 0 Rated Buy, 11 Rated Hold and 2 Rated Sell. They issued an “underperform” rating and a $9.00 price target for the company. The figure is the consensus from all of the firms that have issued estimates on the company. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments.
