A Fresh Look At Ensco plc (NYSE:ESV)

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Ensco plc (NYSE:ESV) closed its last session at $7.36. The stock traded within a range of $7.04 and $7.50. The company operates in the Energy sector with a market capitalization of 3.26 Million. Trading volume for Ensco plc was 17.83 Million in its previous trading session. Currently, Ensco plc (NYSE:ESV) has an average volume of 13.83 Million.

Company Profile

Ensco International plc, formerly ENSCO International Incorporated, is a provider of offshore contract drilling services to the international oil and gas industry. The Company owns and operates drilling rigs including jackup, ultra-deepwater semisubmersible and barge rigs. Its drilling rigs are located throughout the world and concentrated in the major geographic regions of Asia Pacific (which includes Asia, the Middle East, Australia and New Zealand), Europe/Africa and North and South America. The Company provides drilling services on a day rate contract basis. Under day rate contracts, it provides the drilling rig and rig crews, and receives a fixed amount per day for drilling the well. Its customers bear substantially all of the ancillary costs of constructing the well and supporting drilling operations. The Company does not provide turnkey or other risk-based drilling services.

Analyst Views

Ensco plc (NYSE:ESV) received a Buy rating from 3 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Ensco plc (NYSE:ESV) touched its 1-Year High price of $12.04 on 01/26/17 and its 1-Year Low price of $ 4.10 on 08/21/17.

EPS & Financials

Ensco plc (NYSE:ESV) reported its EPS in the last quarter as $-0.05/Share beating the analyst estimate of $-0.13/Share by a difference of $0.08. This showed a surprise of 61.5% in the last quarter earnings.

For the current quarter, 29 analysts are projecting a mean EPS of $-0.28/share. According to their observations and findings, the stock could provide a high EPS of $-0.15/share and a low EPS of $-0.47/share.

Analysts believe that the company has the potential to earn average revenue of $453.81 Million for the current quarter. According to their predictions high & low revenue estimates are 473 Million and 431.4 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Ensco plc (NYSE:ESV) has a 20-Day average volume of 12.83 Million. According to today’s trading volume Ensco plc is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.5 Percent and Institutional ownership of 89.8 Percent. The return on assets stands at -0.4%, Return on Equity currently is -0.7% and the Return on Investment value is 6.1%.

Ensco plc (NYSE:ESV) gross margin percentage stands at 39.6% while its operating margin for the past trailing twelve month is 10.7 percent and its overall profit margin (ttm) is -3.1 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 22.91% with a 50-Day Simple Moving Average of 27.93 percent. As of today, the company has a SMA200 (200-day simple moving average) of 22.83 Percent. The Stock has YTD (year to date) performance of 24.53 percent.

The TTM operating margin for the company stands at 10.7%. The return on invested capital is at 6.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 22.83%, and has a solid year to date (YTD) performance of 24.53% which means that the stock is constantly adding to its value from the previous fiscal year end price.