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Ensign Resource Service Group (ESI-T)
TSE:ESI
3.43
0.05
(1.44%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$2.880
No
He first bought it at 50 cents and it has had a bumpy ride through the years. It is now trading at an attractive yield with a $400 million value and $200 million in free cash flow this year. This gives it a very good 2 X free cash flow multiple. It will likely be using this cash to pay down debt.
It recently reported its best best first quarter since 2014 and is on track for its first positive year since then, even though it acquired a lot more debt. At $2 per share the market is valuing it at 400 million. It expects to have 200 million in free cash flow this year so it would be trading at 2X free cash flow. With this money it could buy back half its shares in one year or pay a very large dividend of perhaps $0.50 per share. However the company is planning to pay back debt which is good since it will increase the equity value. Buy 5 Hold 4 Sell 0
(Analysts’ price target is $4.81)
Ensign Resource Service Group(ESI-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Ensign Resource Service Group(ESI-T) Frequently Asked Questions
What is Ensign Resource Service Group stock symbol?
Ensign Resource Service Group is a Canadian stock, trading under the symbol ESI-T on the Toronto Stock Exchange (ESI-CT). It is usually referred to as TSX:ESI or ESI-T
Is Ensign Resource Service Group a buy or a sell?
In the last year, 2 stock analysts published opinions about ESI-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ensign Resource Service Group.
Is Ensign Resource Service Group a good investment or a top pick?
Ensign Resource Service Group was recommended as a Top Pick by on . Read the latest stock experts ratings for Ensign Resource Service Group.
Why is Ensign Resource Service Group stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Ensign Resource Service Group worth watching?
2 stock analysts on Stockchase covered Ensign Resource Service Group In the last year. It is a trending stock that is worth watching.
What is Ensign Resource Service Group stock price?
On 2023-09-22, Ensign Resource Service Group (ESI-T) stock closed at a price of $3.43.
Service names have been strong, but this one has lagged. Debt issue. Leading edge rates are falling in US and Canada. Better opportunities in oil names.