14 May, 2017
Encana Corporation's (ECA) witnessed a gain of 3.47% in recent trading period with closing price of $ 11.34. The stock had a trading volume of 4,186,134 shares.
Several analysts have recently commented on the stock.
The stock's price switched up 2.73% 20-Days Simple Moving Average, added 2.29% from 50-Days Simple Moving Average and rose 2.88% from 200 Days Simple Moving Average. Comparatively, Encana Corporation posted earnings of $0.02 per share in the same quarter previous year. Zacks Investment Research cut shares of Encana Corp from a "buy" rating to a "hold" rating in a research report on Thursday, February 16th. KLR Group raised Encana Corp from an accumulate rating to a buy rating and set a $16.00 price objective for the company in a research note on Friday, January 20th. GMP Securities reissued a "hold" rating and issued a $13.25 target price on shares of Encana Corp in a research report on Friday, March 31st. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold.
Another critical number in evaluating a stock is P/E or the price to earnings ratio.
Encana Corporation (ECA) has been given an average price target of $14.5 from analysts, according to data collected by Finviz. Earnings per share serves as an indicator of a company's profitability.
US Foods Holding Corp (NYSE:USFD) was trading -2.97% below its 52-week high and +27.94% above its 52-week low. The firm's market capitalization is $11.04 billion.
Encana Corp (NYSE:ECA) last posted its quarterly earnings results on Tuesday, May 2nd.
The company is expected to report earnings of $0.04 a share for the next quarter. Encana Corp had a negative net margin of 40.77% and a positive return on equity of 1.79%.
In case of Revenue Estimates, 792270 analysts have provided their consensus Average Revenue Estimates for Encana Corporation as 8000. ECA generated revenue of $819.54 Million in the same quarter, one year ago.
Encana Corporation had its "overweight" rating reiterated by analysts at Barclays.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 15th will be given a $0.015 dividend. The Earnings Yield for Encana Corporation (TSX:ECA) is 0.011936.
Encana Corp has decreased its dividend payment by an average of 55.3% per year over the last three years. The stock of Encana Corp (USA) (NYSE:ECA) earned "Neutral" rating by Citigroup on Monday, September 14. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of USA & global copyright legislation. The correct version of this story can be viewed at https://www.themarketsdaily.com/2017/05/13/encana-corp-eca-given-a-13-00-price-target-at-bmo-capital-markets-updated.html.
In other news, Director Clayton Harvey Woitas bought 14,400 shares of the firm's stock in a transaction that occurred on Friday, March 10th. The stock exchanged hands with 9.00 million shares contrast to its average daily volume of 10.72 million shares. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Use them and also your own personal calculations before you invest in a company. Canaccord Genuity maintained the shares of ECA in report on Wednesday, April 12 with "Buy" rating. Finally, First Republic Investment Management Inc. acquired a new position in shares of Encana Corp during the fourth quarter worth $140,000. Radnor Capital Management LLC acquired a new stake in Encana Corp during the fourth quarter worth $131,000. FCG Advisors LLC acquired a new stake in Encana Corp during the third quarter worth $105,000. The stock dropped -2.87% beyond one week and climbed 1.75% during previous one month session. Equity Investment Corp Acquisition Inc acquired a new stake in shares of Encana Corp during the fourth quarter worth $131,000.
All things being equal, stocks with higher earnings-per-share growth rates are generally more desirable than those with slower earnings-per-share growth rates.
