Ensign Energy Services (TSE:ESI - Free Report) had its price target lifted by CIBC from C$3.25 to C$3.75 in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has a neutral rating on the stock.
ESI has been the topic of several other research reports. Stifel Nicolaus upped their price target on shares of Ensign Energy Services from C$2.50 to C$2.75 and gave the company a hold rating in a report on Monday, March 4th. Royal Bank of Canada upped their price target on shares of Ensign Energy Services from C$3.75 to C$4.00 and gave the company an outperform rating in a report on Monday, March 4th. Finally, BMO Capital Markets upped their price target on shares of Ensign Energy Services from C$3.00 to C$3.50 and gave the company an outperform rating in a report on Monday, March 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Ensign Energy Services currently has an average rating of Moderate Buy and an average price target of C$4.18.
Check Out Our Latest Report on ESI
Ensign Energy Services Price Performance
ESI traded up C$0.05 on Monday, hitting C$2.37. 98,780 shares of the company were exchanged, compared to its average volume of 241,608. Ensign Energy Services has a fifty-two week low of C$1.77 and a fifty-two week high of C$3.78. The firm has a market capitalization of C$433.43 million, a P/E ratio of 10.77, a price-to-earnings-growth ratio of 202.94 and a beta of 3.10. The company has a debt-to-equity ratio of 94.00, a quick ratio of 1.30 and a current ratio of 1.04. The business's fifty day moving average is C$2.45 and its 200 day moving average is C$2.35.
Ensign Energy Services (TSE:ESI - Get Free Report) last announced its quarterly earnings results on Friday, March 1st. The company reported C$0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.03 by C$0.14. Ensign Energy Services had a net margin of 2.30% and a return on equity of 3.21%. The company had revenue of C$430.54 million for the quarter, compared to the consensus estimate of C$444.50 million. As a group, sell-side analysts anticipate that Ensign Energy Services will post 0.1956027 EPS for the current year.
About Ensign Energy Services
(
Get Free Report)
Ensign Energy Services Inc, together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company offers shallow, intermediate, and deep well drilling, as well as specialized drilling services, including horizontal, underbalanced, horizontal re-entry, and slant drilling for steam assisted gravity drainage applications; and equipment and services.
Featured Stories
Before you consider Ensign Energy Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ensign Energy Services wasn't on the list.
While Ensign Energy Services currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
