Enerplus Corporation (ERF) concluded trading on Thursady at a closing price of $17.91, with 31.41 million shares of worth about $562.54 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.67% during that period and on Thursady the price saw a gain of about 9.07%. Currently the company’s common shares owned by public are about 217.28M shares, out of which, 195.11M shares are available for trading.
However, the stock later moved at a day high price of 19.01, or with a gain of 9.07%. Stock saw a price change of 14.59% in past 5 days and over the past one month there was a price change of 26.93%. Year-to-date (YTD), ERF shares are showing a performance of 16.75% which increased to 14.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.84 but also hit the highest price of $18.09 during that period. The average intraday trading volume for Enerplus Corporation shares is 1.81 million. The stock is currently trading 19.14% above its 20-day simple moving average (SMA20), while that difference is up 20.11% for SMA50 and it goes to 13.89% higher than SMA200.
Enerplus Corporation (NYSE: ERF) currently have 217.28M outstanding shares and institutions hold larger chunk of about 59.86% of that.
The stock has a current market capitalization of $3.68B and its 3Y-monthly beta is at 1.96. PE ratio of stock for trailing 12 months is 5.84, while it has posted earnings per share of $3.07 in the same period. Its PEG reads 0.14 and has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ERF, volatility over the week remained 3.71% while standing at 3.20% over the month.
Analysts are in expectations that Enerplus Corporation (ERF) stock would likely to be making an EPS of $0.35 in the current quarter, while forecast for next quarter EPS is $0.39 and it is $2.32 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.31 which is $0.37 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.62 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -4.57% while it is estimated to increase by 16.89% in next year. EPS is likely to grow at an annualized rate of 42.26% for next 5-years, compared to annual growth of 37.92% made by the stock over the past 5-years.
Stock get a Sector perform rating from Scotiabank on June 09, 2021.
