Analyst Recommendations for Noble, Transocean, and Ensco
Approximately 29% of the analysts tracking Noble Corporation (NE) stock have recommended a “buy” or some equivalent as of December 13, 2017.
The consensus analyst rating for Diamond Offshore Drilling (DO) is 3.34, which means a “hold.” About 9% of the analysts have recommended a “buy” or some equivalent as of December 13, 2017.
Among offshore drilling stocks, Ensco (ESV) is the fifth-best-performing stock in 2017. It had a YTD (year-to-date) return of -42.5% as of December 12, 2017.
Among offshore drilling stocks, Transocean (RIG) is the fourth-best-performing stock in 2017.
Noble Corporation (NE) is the third-best-performing stock among its peers, behind Diamond Offshore Drilling (DO) and Rowan Companies (RDC).
Rowan Companies’ (RDC) year-to-date return was -22.6% as of December 12, 2017. The stock has underperformed its peer Diamond Offshore Drilling (DO).
Diamond Offshore Drilling’s (DO) YTD (year-to-date) returns were -3.5% as of December 12, 2017.
Even though all offshore drillers traded in the red this year, we’re still going to analyze the top five YTD returns of companies in the industry.
According to Wall Street analysts’ consensus, FirstEnergy (FE) stock has a mean target price of $35.5—compared to its current market price of $32.1.
On December 14, 2017, FirstEnergy’s (FE) implied volatility was ~18%—fairly close to its 15-day average implied volatility.
Currently, FirstEnergy (FE) is one of the top-yielding utilities among XLU. FirstEnergy’s yield at 4.5% is way higher than its peers’ average of 3.5%.
On December 14, 2017, FirstEnergy (FE) stock was trading at an EV-to-EBITDA multiple of 8.5x. Its five-year historical valuation is ~9.5x.
On December 14, 2017, FirstEnergy stock was trading 3% below its 50-day moving average and 3% above its 200-day moving average level.
Analysts’ mean price target for AES (AES) is $12.50, which implies a gain of ~18%. It is currently trading at $10.70. As of December 14, 2017, of the nine analysts covering AES, one has…
On December 14, 2017, AES (AES) stock’s implied volatility was 22%, marginally higher than its 15-day average implied volatility. Implied volatility represents investor unease. Higher implied volatility is generally associated…
AES (AES) declared a dividend per share of $0.13 on December 8, 2017, an increase of more than 8% from the prior quarter. The ex-dividend date is January 31, and the…
On December 14, 2017, AES (AES) stock was trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of 8.6x. Its five-year historical EV-to-EBITDA multiple is…
AES (AES), the most geographically diversified utility stock in the Utilities Select Sector SPDR ETF (XLU), has been one of the biggest losers among peers this year.
On December 14, 2017, the implied volatility of natural gas futures was 40.4%. It was ~5.9% below its 15-day average.
On December 14, 2017, the implied volatility of US crude oil futures was 18.1%. It was 14.8% below its 15-day average.