ENGlobal (ENG) Stock Forecast, Price & News

0 brokers have issued 12 month target prices for ENGlobal's shares. Their ENG share price forecasts range from $5.50 to $5.50. On average, they expect the company's stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 918.5% from the stock's current price.
View analysts price targets for ENG or view top-rated stocks among Wall Street analysts.

ENGlobal's stock was trading at $0.7765 at the beginning of 2023. Since then, ENG stock has decreased by 30.5% and is now trading at $0.54.
View the best growth stocks for 2023 here.

ENGlobal saw a increase in short interest in May. As of May 15th, there was short interest totaling 130,800 shares, an increase of 36.7% from the April 30th total of 95,700 shares. Based on an average daily volume of 285,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the company's stock are sold short.
View ENGlobal's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ENG earnings forecast.

ENGlobal Co. (NASDAQ:ENG) posted its quarterly earnings results on Friday, March, 31st. The construction company reported ($0.31) earnings per share (EPS) for the quarter. The construction company had revenue of $8.41 million for the quarter. ENGlobal had a negative trailing twelve-month return on equity of 134.26% and a negative net margin of 45.41%.

0 employees have rated ENGlobal Chief Executive Officer Mark Hess on Glassdoor.com. Mark Hess has an approval rating of 67% among the company's employees. 36.0% of employees surveyed would recommend working at ENGlobal to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other ENGlobal investors own include Inpixon (INPX), Biocept (BIOC), Bridgeline Digital (BLIN), LightPath Technologies (LPTH), Palatin Technologies (PTN), Dynatronics (DYNT), Arbutus Biopharma (ABUS), Allena Pharmaceuticals (ALNA) and Advanced Micro Devices (AMD).

ENGlobal trades on the NASDAQ under the ticker symbol "ENG."

ENGlobal's stock is owned by a variety of institutional and retail investors. Top institutional investors include Armistice Capital LLC (5.58%), Renaissance Technologies LLC (0.63%), Group One Trading L.P. (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include David W Gent, Kevin M Palma and Robert Bruce Williams.
View institutional ownership trends.

Shares of ENG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENG stock can currently be purchased for approximately $0.54.

ENGlobal (NASDAQ:ENG) has a market capitalization of $21.47 million and generates $40.19 million in revenue each year. The construction company earns $-18,510,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis.

The company employs 198 workers across the globe.

ENGlobal's mailing address is 654 N. SAM HOUSTON PKWY E SUITE 400, HOUSTON TX, 77060. The official website for the company is www.englobal.com. The construction company can be reached via phone at (281) 878-1000, via email at ir@englobal.com, or via fax at 281-878-1010.