Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $24.16 in the prior trading day, Ero Copper Corp (NYSE: ERO) closed at $22.77, down -5.75%. In other words, the price has decreased by -$5.75 from its previous closing price. On the day, 1.45 million shares were traded. ERO stock price reached its highest trading level at $24.4353 during the session, while it also had its lowest trading level at $22.54.
Ratios:
Our goal is to gain a better understanding of ERO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.70.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERO now has a Market Capitalization of 2360059136 and an Enterprise Value of 2949573632. As of this moment, Ero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.60, and their Forward P/E ratio for the next fiscal year is 7.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.40 while its Price-to-Book (P/B) ratio in mrq is 2.87. Its current Enterprise Value per Revenue stands at 5.503 whereas that against EBITDA is 12.44.
Stock Price History:
The Beta on a monthly basis for ERO is 1.34, which has changed by 0.15818918 over the last 52 weeks, in comparison to a change of 0.13033986 over the same period for the S&P500. Over the past 52 weeks, ERO has reached a high of $24.18, while it has fallen to a 52-week low of $9.30. The 50-Day Moving Average of the stock is 32.30%, while the 200-Day Moving Average is calculated to be 56.70%.
Shares Statistics:
The stock has traded on average 851.74K shares per day over the past 3-months and 1402070 shares per day over the last 10 days, according to various share statistics. A total of 103.60M shares are outstanding, with a floating share count of 94.61M. Insiders hold about 8.68% of the company’s shares, while institutions hold 78.74% stake in the company. Shares short for ERO as of 1759190400 were 4132865 with a Short Ratio of 4.85, compared to 1756425600 on 4331405.
Earnings Estimates
The firm’s stock currently is rated by 10.0 analysts. The consensus estimate for the next quarter is $0.74, with high estimates of $1.0 and low estimates of $0.54.
Analysts are recommending an EPS of between $2.46 and $1.7 for the fiscal current year, implying an average EPS of $2.03. EPS for the following year is $3.2, with 12.0 analysts recommending between $4.4 and $2.38.
Revenue Estimates
3 analysts predict $309.3M in revenue for. The current quarter. It ranges from a high estimate of $329.39M to a low estimate of $290.79M. As of. The current estimate, Ero Copper Corp’s year-ago sales were $172.91MFor the next quarter, 3 analysts are estimating revenue of $361.59M. There is a high estimate of $385.97M for the next quarter, whereas the lowest estimate is $331.18M.
A total of 8 analysts have provided revenue estimates for ERO’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $670.19MBased on 9 analysts’ estimates, the company’s revenue will be $1.48B in the next fiscal year. The high estimate is $1.71B and the low estimate is $1.24B.
