Is ENGlobal Stock a Good Investment?

ENGlobal Investment Advice

ENG

To provide specific investment advice or recommendations on ENGlobal stock, we recommend investors consider the following general factors when evaluating ENGlobal. This will help you to make an informed decision on whether to include ENGlobal in one of your diversified portfolios:

Examine ENGlobal's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research ENGlobal's leadership team and their track record. Good management can help ENGlobal navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact ENGlobal's business and its evolving consumer preferences.
Compare ENGlobal's performance and market position to its competitors. Analyze how ENGlobal is positioned in terms of product offerings, innovation, and market share.
Check if ENGlobal pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about ENGlobal's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in ENGlobal stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if ENGlobal is a good investment.

Sell

Buy

Strong Buy

We provide trade advice to complement the prevailing expert consensus on ENGlobal. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available today. To make sure ENGlobal is not overpriced, please confirm all ENGlobal fundamentals, including its ebitda, cash flow from operations, and the relationship between the price to book and total debt . Given that ENGlobal is a hitting penny stock territory we advise to closely look at its number of shares shorted.

Market Performance	Very Weak	Details
Volatility	Dangerous	Details
Hype Condition	Stale	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Below Average	Details
Economic Sensitivity	Slowly supersedes the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine ENGlobal Stock

Researching ENGlobal's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.33. Some equities with similar Price to Book (P/B) outperform the market in the long run. ENGlobal has Price/Earnings (P/E) ratio of 152.41. The entity recorded a loss per share of 1.33. The firm had not issued any dividends in recent years. ENGlobal had 1:8 split on the 1st of December 2023.

To determine if ENGlobal is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ENGlobal's research are outlined below:

	ENGlobal generated a negative expected return over the last 90 days
	ENGlobal has high historical volatility and very poor performance
	ENGlobal may become a speculative penny stock
	The company reported the last year's revenue of 39.04 M. Reported Net Loss for the year was (15.15 M) with loss before taxes, overhead, and interest of (643 K).
	ENGlobal has about 9.66 M in cash with (4.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27.
	ENGlobal has a strong financial position based on the latest SEC filings
	Roughly 26.0% of the company shares are held by company insiders
	Latest headline from gurufocus.com: ENGlobal Stock Surges Amid Market Volatility

ENGlobal uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ENGlobal. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ENGlobal's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	29th of March 2024 Upcoming Quarterly Report	View
	31st of December 2023 Next Fiscal Quarter End	View

Earnings surprises can significantly impact ENGlobal's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ENGlobal's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2004-03-31	2003-12-31	0.02	0.03	0.01	50
2003-11-12	2003-09-30	0.03	0.02	-0.01	33
2003-05-13	2003-03-31	0.03	0.02	-0.01	33
2003-03-26	2002-12-31	0.03	0.02	-0.01	33
2024-08-08	2024-06-30	-0.05	-0.07	-0.02	40
2022-11-08	2022-09-30	-0.05	-0.07	-0.02	40
2022-08-04	2022-06-30	-0.06	-0.04	0.02	33
2021-11-04	2021-09-30	0.05	0.07	0.02	40

Know ENGlobal's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ENGlobal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ENGlobal backward and forwards among themselves. ENGlobal's institutional investor refers to the entity that pools money to purchase ENGlobal's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Fmr Inc	2024-09-30	0.0
Jpmorgan Chase & Co	2024-06-30	0.0
Blackrock Inc	2024-06-30	99.6 K
Vanguard Group Inc	2024-09-30	62.1 K
Oppenheimer & Close Inc	2024-09-30	59.7 K
Geode Capital Management, Llc	2024-09-30	27.5 K
Citadel Advisors Llc	2024-09-30	15 K
Tower Research Capital Llc	2024-06-30	4.7 K
Ubs Group Ag	2024-06-30	4.4 K
Cwm, Llc Duplicate	2024-06-30	88.0
Bank Of America Corp	2024-06-30	30.0

Note, although ENGlobal's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ENGlobal's market capitalization trends

The company currently falls under 'Nano-Cap' category with a total capitalization of 6.55 M.

Market Cap

1.97 Billion

ENGlobal's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	(0.73)	(0.69)
Return On Capital Employed	(1.17)	(1.11)
Return On Assets	(0.71)	(0.67)
Return On Equity	(1.61)	(1.53)

The company has Net Profit Margin of (0.25) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.18) %, which entails that for every $100 of revenue, it lost $0.18.

Determining ENGlobal's profitability involves analyzing its financial statements and using various financial metrics to determine if ENGlobal is a good buy. For example, gross profit margin measures ENGlobal's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ENGlobal's profitability and make more informed investment decisions.

Evaluate ENGlobal's management efficiency

ENGlobal has Return on Asset of (0.1678) % which means that on every $100 spent on assets, it lost $0.1678. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (4.897) %, meaning that it generated no profit with money invested by stockholders. ENGlobal's management efficiency ratios could be used to measure how well ENGlobal manages its routine affairs as well as how well it operates its assets and liabilities. The ENGlobal's current Return On Tangible Assets is estimated to increase to -0.69. The ENGlobal's current Return On Capital Employed is estimated to increase to -1.11. At this time, ENGlobal's Asset Turnover is most likely to increase slightly in the upcoming years.

	Last Reported	Projected for Next Year
Book Value Per Share	2.09	1.30
Tangible Book Value Per Share	1.94	0.98
Enterprise Value Over EBITDA	(1.81)	(1.90)
Price Book Value Ratio	3.08	2.92
Enterprise Value Multiple	(1.81)	(1.90)
Price Fair Value	3.08	2.92
Enterprise Value	1.9 B	2 B

Leadership effectiveness at ENGlobal is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.

Beta

1.461

Basic technical analysis of ENGlobal Stock

As of the 29th of November, ENGlobal shows the mean deviation of 3.94, and Standard Deviation of 5.47. ENGlobal technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm ENGlobal mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if ENGlobal is priced adequately, providing market reflects its regular price of 1.34 per share. Given that ENGlobal is a hitting penny stock territory we advise to closely look at its jensen alpha.

ENGlobal's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ENGlobal insiders, such as employees or executives, is commonly permitted as long as it does not rely on ENGlobal's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ENGlobal insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Sorrells Christopher D. over three months ago Acquisition by Sorrells Christopher D. of 38168 shares of ENGlobal subject to Rule 16b-3
		Coskey William A over three months ago Acquisition by Coskey William A of 15000 shares of ENGlobal at 0.8042 subject to Rule 16b-3
		Rennie Timothy Patrick over six months ago Discretionary transaction by Rennie Timothy Patrick of tradable shares of ENGlobal subject to Rule 16b-3
		Pagano Edward L over six months ago Purchase by Pagano Edward L of 5000 shares of ENGlobal
		Kirchner Lloyd G over a year ago Acquisition by Kirchner Lloyd G of 228571 shares of ENGlobal subject to Rule 16b-3

ENGlobal's Outstanding Corporate Bonds

ENGlobal issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ENGlobal uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ENGlobal bonds can be classified according to their maturity, which is the date when ENGlobal has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Dana 575 percent Corp Bond US235822AB96	View
	Volcan Compania Minera Corp Bond USP98047AC08	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View
	EnLink Midstream Partners Corp Bond US29336UAD90	View
	EnLink Midstream Partners Corp Bond US29336UAC18	View
	EnLink Midstream Partners Corp Bond US29336UAF49	View
	EnLink Midstream Partners Corp Bond US29336UAE73	View

View All ENGlobal Corporate Bonds

Understand ENGlobal's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing ENGlobal's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.0058
	Market Risk Adjusted Performance	(0.07)
	Mean Deviation	3.94
	Coefficient Of Variation	(27,583)
	Standard Deviation	5.47
	Variance	29.95
	Information Ratio	(0.03)
	Jensen Alpha	(0.07)
	Total Risk Alpha	(0.85)
	Treynor Ratio	(0.08)
	Maximum Drawdown	28.92
	Value At Risk	(7.09)
	Potential Upside	9.16
	Skewness	(0.42)
	Kurtosis	2.73

	Risk Adjusted Performance	0.0058
	Market Risk Adjusted Performance	(0.07)
	Mean Deviation	3.94
	Coefficient Of Variation	(27,583)
	Standard Deviation	5.47
	Variance	29.95
	Information Ratio	(0.03)
	Jensen Alpha	(0.07)
	Total Risk Alpha	(0.85)
	Treynor Ratio	(0.08)
	Maximum Drawdown	28.92
	Value At Risk	(7.09)
	Potential Upside	9.16
	Skewness	(0.42)
	Kurtosis	2.73

Consider ENGlobal's intraday indicators

ENGlobal intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ENGlobal stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	567.65
	Daily Balance Of Power	0.5714
	Rate Of Daily Change	1.03
	Day Median Price	1.36
	Day Typical Price	1.35
	Price Action Indicator	0.005
	Period Momentum Indicator	0.04

ENGlobal time-series forecasting models is one of many ENGlobal's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ENGlobal's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

ENGlobal Stock media impact

Far too much social signal, news, headlines, and media speculation about ENGlobal that are available to investors today. That information is available publicly through ENGlobal media outlets and privately through word of mouth or via ENGlobal internal channels. However, regardless of the origin, that massive amount of ENGlobal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of ENGlobal news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ENGlobal relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ENGlobal's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ENGlobal alpha.

ENGlobal Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards ENGlobal can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

ENGlobal Corporate Management

Michael Patton	VP	Profile
Darren Spriggs	Treasurer CFO	Profile
Kevin Holfeld	Process, Services	Profile
Doug Fieldgate	Senior Gas	Profile
CFA CFA	CEO Director	Profile
Scott Curd	Vice Resources	Profile
Roger Westerlind	President	Profile

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: