Enservco Corporation (AMEX: ENSV) is -19.25% lower on its value in year-to-date trading and has touched a low of $1.15 and a high of $4.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ENSV stock was last observed hovering at around $1.45 in the last trading session, with the day’s gains setting it 0.06% off its average median price target of $5.13 for the next 12 months. It is also 79.17% off the consensus price target high of $7.25 offered by 2 analysts, but current levels are 49.67% higher than the price target low of $3.00 for the same period.
Currently trading at $1.51, the stock is -2.04% and -18.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.51 million and changing 4.14% at the moment leaves the stock -29.45% off its SMA200. ENSV registered -46.43% loss for a year compared to 6-month loss of -28.76%. The firm has a 50-day simple moving average (SMA 50) of $2.0424 and a 200-day simple moving average (SMA200) of $2.1179.
The stock witnessed a -13.71% gain in the last 1 month and extending the period to 3 months gives it a -22.56%, and is 13.53% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.78% over the week and 8.69% over the month.
Enservco Corporation (ENSV) has around 88 employees, a market worth around $16.32M and $15.70M in sales. Profit margin for the company is -16.00%. Distance from 52-week low is 31.29% and -66.44% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.30%).
Enservco Corporation (ENSV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Enservco Corporation (ENSV) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Enservco Corporation is expected to release its quarterly report on 08/18/2021 and quarterly earnings per share for the current quarter are estimated at -$0.1 with sales reaching $6.69M over the same period.The EPS is expected to grow by 60.30% this year, but quarterly earnings will post 47.50% year-over-year. Quarterly sales are estimated to shrink -28.70% in year-over-year returns.
Enservco Corporation (ENSV) Top Institutional Holders
12 institutions hold shares in Enservco Corporation (ENSV), with 790k shares held by insiders accounting for 7.01% while institutional investors hold 25.35% of the company’s shares. The shares outstanding are 11.27M, and float is at 8.16M with Short Float at 8.01%. Institutions hold 23.58% of the Float.
The top institutional shareholder in the company is Hunter Associates Investment Management LLC with over 66279.0 shares valued at $0.12 million. The investor’s holdings represent 0.59% of the ENSV Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 65745.0 shares valued at $0.12 million to account for 0.58% of the shares outstanding. The other top investors are United Asset Strategies, Inc. which holds 47455.0 shares representing 0.42% and valued at over $82097.0, while Virtu Financial LLC holds 0.39% of the shares totaling 43521.0 with a market value of $81384.0.
Enservco Corporation (ENSV) Insider Activity
A total of 0 insider transactions have happened at Enservco Corporation (ENSV) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Enservco Corporation (ENSV): Who are the competitors?
The company’s main competitors (and peers) include PEDEVCO Corp. (PED) that is 63.54% higher over the past 12 months. Cypress Environmental Partners L.P. (CELP) is -57.01% down on the 1-year trading charts. Short interest in the company’s stock has fallen -26.92% from the last report on Apr 14, 2021 to stand at a total of 0.65 million short shares sold with a short interest ratio of 1.69.