Ensco PLC Stock Buy Recommendation Reiterated (ESV)
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- ESV's very impressive revenue growth greatly exceeded the industry average of 11.6%. Since the same quarter one year prior, revenues leaped by 90.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
- Powered by its strong earnings growth of 149.15% and other important driving factors, this stock has surged by 25.48% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, ESV should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- The gross profit margin for ENSCO PLC is rather high; currently it is at 54.30%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 31.80% significantly outperformed against the industry average.
- Net operating cash flow has significantly increased by 815.61% to $463.30 million when compared to the same quarter last year. In addition, ENSCO PLC has also vastly surpassed the industry average cash flow growth rate of -49.70%.
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Energy Equipment & Services industry. The net income increased by 234.9% when compared to the same quarter one year prior, rising from $101.90 million to $341.30 million.
--Written by a member of TheStreet Ratings Staff. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free Download Now
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