Analyst Research

ENSCO PLC (NYSE:ESV): Analysts Revised Target Price

ENSCO PLC (NYSE:ESV) shares traded -0.88% during the most recent session the stock exchanged hands 9.89M shares versus average trading capacity of 8.81M shares, yielding a market cap of $2.37B. Wall Street analysts covering the stock are projecting that the stock will reach $10.09 within the next 52-weeks. The mean target projections are based on 29 opinions, the mean target was last revised on 04/28/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have ENSCO PLC (NYSE:ESV) high price target of $15.00 and with a conservative view have low price target of $6.00 with a standard deviation of $1.72. If seeing target price from optimistic overview then it has a 90 percent upside potential from the latest closing price of $7.89.

ENSCO PLC (NYSE:ESV) received “Upgrade” rating by Credit Suisse in a research note issued to investors on Feb-03-17 from Neutral  to Outperform.

Additionally on DATE ENSCO PLC (NYSE:ESV) was “Upgraded” by Citigroup from Neutral to Buy and on Jan-09-17 the stock was “Upgraded” by BofA/Merrill from Neutral to Buy. Furthermore on Dec-16-16 the stock was “Downgraded” by Goldman from Buy to Neutral.

On the other hand the company has Relative Strength Index (RSI 14) of 31.12 along with Average True Range (ATR 14) of 0.36, Consequently ENSCO PLC (NYSE:ESV) weekly and monthly volatility is 4.32%, 4.11% respectively. The company’s beta value is at 1.74.

In terms of Buy, Sell or Hold recommendations, ENSCO PLC (NYSE:ESV) has an analysts’ mean recommendation of 2.80. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that ENSCO PLC (NYSE:ESV) will report earnings of -$0.06 for the current quarter, however the company’s high EPS estimates are $0.06 and low estimates are -$0.21. However the company reported $0.51 earnings per share for the same quarter during last year.

Previously ENSCO PLC (NYSE:ESV) reported -$0.04 earnings per share (EPS) for the quarter on 4/26/2017 After Market Close, beating the consensus estimate of -$0.12 by $0.08. The company posted an earnings surprise of 66.67%.

While considering growth estimates of the company, it has next quarter growth estimates of -119.00% whereas during current quarter it has -111.80% estimations over growth, comparing to the estimations of -113.50% during current year and -152.40% for next year. Past 5 years growth of ENSCO PLC (NYSE:ESV) observed at 14.07%, looking forward for the next 5 years it has a strong prediction of -47.10% over growth.

ENSCO PLC (NYSE:ESV) revenue estimates for the current quarter are $460.32M according to 21 number of analysts, for the current quarter the company has high revenue estimates of $490.7M in contradiction of low revenue estimates of $445M. For the current year the company’s revenue estimates are $1.86B compared to low analyst estimates of $1.72B and high estimates of $2.34B according 29 number of analysts.

Currently ENSCO PLC (NYSE:ESV) shares owned by insiders are 0.50%, whereas shares owned by institutional owners are 89.80%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded 3.04%.

ENSCO PLC (NYSE:ESV) trading -35.89% away from its 52 week high of $12.31 and +21.63% far from the stock’s low point over the past 52 weeks, which was $6.49. The stock hit its 52-week high on 04/29/16, and 52-week low on 09/20/16. The company’s trailing twelve month income is 866.50M dollars and is paying 0.51% dividend yield annually.

ENSCO PLC (NYSE:ESV) trailing twelve month revenues are $2.78B, whereas its price to sales ratio for the same period is 0.85. Its book value per share for the most recent quarter is $27.47 while its price to book ratio for the same period is 0.29, as for as the company’s cash per share for the most recent quarter is $8.68, however its price to cash per share ratio for the same period is 0.91. Its trailing twelve month P/E ratio is 2.52.

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