Englobal Stock Today

ENG Stock  USD 1.76  0.10  6.02%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Over 53

 
100  
 
Zero
Average
ENGlobal is trading at 1.76 as of the 28th of March 2024. This is a 6.02% increase since the beginning of the trading day. The stock's lowest day price was 1.62. ENGlobal has 53 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for ENGlobal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
16th of June 1998
Category
Industrials
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. ENGlobal Corporation company was founded in 1985 and is headquartered in Houston, Texas. Englobal Corp operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. The company has 5.12 M outstanding shares of which 36.88 K shares are currently shorted by investors with about 1.24 days to cover. More on ENGlobal

Moving against ENGlobal Stock

  0.45NVEE NV5 Global Financial Report 2nd of May 2024 PairCorr

ENGlobal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ENGlobal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ENGlobal or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanGrzegorz Ksepko
Old NameInternationella Engelska Skolan i Sverige Holdings II AB (publ)
Business ConcentrationOil & Gas Equipment & Services, Engineering & Construction, Industrials, IBEX 35 Index, NASDAQ Composite, NASDAQ Composite Total, Energy, Energy Equipment & Services, Engineering & Construction, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering ENGlobal report their recommendations after researching ENGlobal's financial statements, talking to executives and customers, or listening in on ENGlobal's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ENGlobal. The ENGlobal consensus assessment is calculated by taking the average forecast from all of the analysts covering ENGlobal.
Financial Strength
Based on the analysis of ENGlobal's profitability, liquidity, and operating efficiency, ENGlobal is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of ENGlobal is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.531.54
Way Up
Pretty Stable
Total Current Liabilities22 M13.9 M
Way Up
Slightly volatile
Non Current Liabilities Total6.3 M6.9 M
Significantly Down
Very volatile
Total Assets60.9 M34.5 M
Way Up
Pretty Stable
Total Current Assets42.5 M22 M
Way Up
Slightly volatile
ENGlobal's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ENGlobal's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ENGlobal's financial leverage. It provides some insight into what part of ENGlobal's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ENGlobal's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ENGlobal deploys its capital and how much of that capital is borrowed.
Liquidity
ENGlobal cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 10.73 M in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. ENGlobal has a current ratio of 2.41, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist ENGlobal until it has trouble settling it off, either with new capital or with free cash flow. So, ENGlobal's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ENGlobal sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ENGlobal to invest in growth at high rates of return. When we think about ENGlobal's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

(9.95 Million)
ENGlobal (ENG) is traded on NASDAQ Exchange in USA. It is located in 11740 Katy Fwy ? Energy Tower III, Houston, TX, United States, 77079 and employs 302 people. ENGlobal is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 8.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ENGlobal's market, we take the total number of its shares issued and multiply it by ENGlobal's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ENGlobal runs under Energy Equipment & Services sector within Energy industry. The entity has 5.12 M outstanding shares of which 36.88 K shares are currently shorted by investors with about 1.24 days to cover. ENGlobal has about 9.66 M in cash with (9.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
Check ENGlobal Probability Of Bankruptcy
Ownership Allocation
ENGlobal retains a total of 5.12 Million outstanding shares. ENGlobal retains substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ENGlobal Ownership Details

ENGlobal Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of ENGlobal jumping above the current price in 90 days from now is about 27.14%. The ENGlobal probability density function shows the probability of ENGlobal stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ENGlobal has a beta of -2.0023 suggesting as returns on its benchmark rise, returns on holding ENGlobal are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, ENGlobal is expected to outperform its benchmark. Additionally, eNGlobal has an alpha of 0.4784, implying that it can generate a 0.48 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1.76HorizonTargetOdds Above 1.76
72.76%90 days
 1.76 
27.14%
Based on a normal probability distribution, the odds of ENGlobal to move above the current price in 90 days from now is about 27.14 (This ENGlobal probability density function shows the probability of ENGlobal Stock to fall within a particular range of prices over 90 days) .

ENGlobal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in ENGlobal that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ENGlobal's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ENGlobal's value.
InstituionRecorded OnShares
Patron Partners Advisors, Llc2023-12-31
0.0
State Street Corporation2023-12-31
0.0
Jane Street Group, Llc2023-09-30
0.0
Northern Trust Corp2023-12-31
0.0
Steward Partners Investment Advisory, Llc2023-09-30
0.0
First National Trust Co2023-09-30
0.0
Virtu Financial Llc2023-09-30
0.0
Advisor Group Holdings, Inc.2023-12-31
0.0
Earnest Partners Llc2023-12-31
0.0
Citadel Advisors Llc2023-09-30
152.8 K
Blackrock Inc2023-12-31
99.7 K
View ENGlobal Diagnostics

ENGlobal Historical Income Statement

ENGlobal Income Statement is one of the three primary financial statements used for reporting ENGlobal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ENGlobal revenue and expense. ENGlobal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ENGlobal's Total Operating Expenses is most likely to increase significantly in the upcoming years. The ENGlobal's current Total Other Income Expense Net is estimated to increase to about 95.5 K, while Total Revenue is projected to decrease to roughly 38.8 M. View More Fundamentals

ENGlobal Stock Against Markets

Picking the right benchmark for ENGlobal stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ENGlobal stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ENGlobal is critical whether you are bullish or bearish towards ENGlobal at a given time. Please also check how ENGlobal's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ENGlobal without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ENGlobal Corporate Directors

ENGlobal corporate directors refer to members of an ENGlobal board of directors. The board of directors generally takes responsibility for the ENGlobal's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ENGlobal's board members must vote for the resolution. The ENGlobal board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Aleksander KorsakDirector of the Investor Relations OfficeProfile
Randall HaleIndependent DirectorProfile
David GentLead Independent DirectorProfile
David RousselIndependent DirectorProfile

How to buy ENGlobal Stock?

Before investing in ENGlobal, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ENGlobal. To buy ENGlobal stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ENGlobal. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ENGlobal stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ENGlobal stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ENGlobal stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ENGlobal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ENGlobal Stock please use our How to Invest in ENGlobal guide.

Already Invested in ENGlobal?

The danger of trading ENGlobal is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ENGlobal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ENGlobal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ENGlobal is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ENGlobal is a strong investment it is important to analyze ENGlobal's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ENGlobal's future performance. For an informed investment choice regarding ENGlobal Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ENGlobal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in ENGlobal Stock please use our How to Invest in ENGlobal guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running ENGlobal's price analysis, check to measure ENGlobal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ENGlobal is operating at the current time. Most of ENGlobal's value examination focuses on studying past and present price action to predict the probability of ENGlobal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENGlobal's price. Additionally, you may evaluate how the addition of ENGlobal to your portfolios can decrease your overall portfolio volatility.
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Is ENGlobal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ENGlobal. If investors know ENGlobal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ENGlobal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
(4.80)
Revenue Per Share
8.444
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.40)
The market value of ENGlobal is measured differently than its book value, which is the value of ENGlobal that is recorded on the company's balance sheet. Investors also form their own opinion of ENGlobal's value that differs from its market value or its book value, called intrinsic value, which is ENGlobal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ENGlobal's market value can be influenced by many factors that don't directly affect ENGlobal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ENGlobal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENGlobal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENGlobal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.