Ensco Plc (NYSE:ESV) – Seaport Global Securities issued their FY2017 earnings per share (EPS) estimates for Ensco in a report issued on Wednesday. Seaport Global Securities analyst M. Urban expects that the offshore drilling services provider will post earnings of ($0.50) per share for the year. Seaport Global Securities also issued estimates for Ensco’s Q4 2017 earnings at ($0.26) EPS, Q1 2018 earnings at ($0.25) EPS, Q2 2018 earnings at ($0.20) EPS, Q3 2018 earnings at ($0.20) EPS, Q4 2018 earnings at ($0.11) EPS, FY2018 earnings at ($0.77) EPS, Q1 2019 earnings at ($0.10) EPS, Q2 2019 earnings at ($0.10) EPS, Q3 2019 earnings at ($0.13) EPS and FY2019 earnings at ($0.45) EPS.
Ensco (NYSE:ESV) last posted its quarterly earnings results on Thursday, October 26th. The offshore drilling services provider reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.11. The business had revenue of $460.00 million during the quarter, compared to analysts’ expectations of $457.79 million. Ensco had a negative net margin of 3.04% and a negative return on equity of 0.37%. The business’s quarterly revenue was down 16.1% on a year-over-year basis. During the same period last year, the company posted $0.28 earnings per share.
Shares of Ensco (NYSE:ESV) opened at $5.68 on Monday. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.58. The company has a market cap of $2,480.00, a price-to-earnings ratio of -24.70 and a beta of 1.82. Ensco has a twelve month low of $4.10 and a twelve month high of $12.04.
Several institutional investors and hedge funds have recently added to or reduced their stakes in ESV. Private Advisor Group LLC bought a new position in shares of Ensco during the third quarter valued at about $100,000. GWM Advisors LLC bought a new stake in Ensco in the second quarter worth about $107,000. Raymond James Financial Services Advisors Inc. bought a new stake in Ensco in the second quarter worth about $116,000. Harvest Management LLC bought a new stake in Ensco in the third quarter worth about $119,000. Finally, Crossmark Global Holdings Inc. bought a new stake in Ensco in the third quarter worth about $121,000. 76.80% of the stock is currently owned by institutional investors.
The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Monday, December 4th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date of this dividend was Friday, December 1st. Ensco’s payout ratio is currently -17.39%.
Ensco plc is an offshore contract drilling company. The Company provides offshore contract drilling services to the international oil and gas industry. Its segments include Floaters, Jackups and Other. The Floaters segment includes its drillships and semisubmersible rigs, and provides contract drilling.
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