Home Sectors Energy Stock Watch: Ensco Rowan (NYSE: ESV)

Stock Watch: Ensco Rowan (NYSE: ESV)


Ensco Rowan trades as part of the oil and gas drilling industry and is part of the energy sector. The company CEO is Thomas Peter Burke. Ensco provides offshore contract drilling services to national and international oil companies as well as independent operators. It operates its business in U.S. Gulf of Mexico, Mexico, Brazil, the Mediterranean, and the North Sea.

Previous Intraday Trading Performance:

The ESV stock showed a previous change of -0.34% with an open at 8.88 and a close of 8.74. It reached an intraday high of 9.16 and a low of 8.70.

Business Wire:  EnscoRowan Announces Consent Solicitation with Respect to Rowan Companies Notes


The stock has a market cap of $1.7b with 197.5m shares outstanding, of which the float is 191.8m shares. Trading volume reached 7,522,152 shares compared to its average volume of 7,352,332 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Ensco Rowan shares returned -3.85% and in the past 30 trading days it returned -49.25%. Over three months, it changed -49.42%. In one year it has changed -66.09% and within that year its 52-week high was 38.04 and its 52-week low was 8.29. ESV stock is 5.43% above its 52 Week Low.

Our calculations show a 200 day moving average of 20.81 and a 50 day moving average of 13.38. Currently ESV stock is trading -58.00% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Seadrill Partners Announces Reverse Split


The last annual fiscal EPS for the company was reported at -5.85 that ended on 31st of December 2018. Based on 7 analyst estimates, the consensus EPS for the next quarter is -0.42. The TTM EPS is -1.34.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): -1.75
4thQtr of 2018 (Reported on 02/27/2019): -1.88
3rdQtr of 2018 (Reported on 10/29/2018): -1.32
2ndQtr of 2018 (Reported on 07/25/2018): -1.40
1stQtr of 2018 (Reported on 04/25/2018): -1.29

The dividend per share is currently 0.16, which is a dividend yield of 1.83%.

Base on our calculations, the intrinsic value per share is 2.24, which means it may be overvalued by -290.99%.

Indicators to Watch:

Based on the latest filings, there is 91.80% of institutional ownership. Short-interest was 22,472,806, which was 11.38% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.54. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 2.33.

SeekingAlpha:  Seadrill Partners Announces Reverse Split

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is -8.77%, return on assets is -5.09%, profit margin is -40.75%, price-to-sales is 1.02 and price-to-book is 0.22.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.