Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Ero Copper Corp’s stock clocked out at $24.34, down -2.64% from its previous closing price of $25.0. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 1.23 million shares were traded. ERO stock price reached its highest trading level at $24.99 during the session, while it also had its lowest trading level at $23.99.
Ratios:
To gain a deeper understanding of ERO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 38.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 98.85. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.72 whereas as Long-Term Debt/Eq ratio is at 0.64.
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 2535112448 and an Enterprise Value of 3175740416. As of this moment, Ero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.38, and their Forward P/E ratio for the next fiscal year is 6.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.30 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 5.399 whereas that against EBITDA is 12.381.
Stock Price History:
The Beta on a monthly basis for ERO is 1.23, which has changed by 0.7705382 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, ERO has reached a high of $26.77, while it has fallen to a 52-week low of $9.30. The 50-Day Moving Average of the stock is 9.75%, while the 200-Day Moving Average is calculated to be 51.58%.
Shares Statistics:
It appears that ERO traded 1.04M shares on average per day over the past three months and 1217030 shares per day over the past ten days. A total of 103.79M shares are outstanding, with a floating share count of 96.46M. Insiders hold about 7.15% of the company’s shares, while institutions hold 73.64% stake in the company. Shares short for ERO as of 1763078400 were 3035830 with a Short Ratio of 2.93, compared to 1760486400 on 5490837.
Earnings Estimates
The company has 8.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.88, with high estimates of $1.44 and low estimates of $0.63.
Analysts are recommending an EPS of between $2.6 and $1.54 for the fiscal current year, implying an average EPS of $2.14. EPS for the following year is $3.76, with 11.0 analysts recommending between $5.24 and $1.85.
Revenue Estimates
In. The current quarter, 3 analysts expect revenue to total $425.67M. It ranges from a high estimate of $472.28M to a low estimate of $390.21M. As of. The current estimate, Ero Copper Corp’s year-ago sales were $174.57MFor the next quarter, 3 analysts are estimating revenue of $376.03M. There is a high estimate of $424.47M for the next quarter, whereas the lowest estimate is $327.59M.
A total of 15 analysts have provided revenue estimates for ERO’s current fiscal year. The highest revenue estimate was $1.22B, while the lowest revenue estimate was $1.05B, resulting in an average revenue estimate of $1.11B. In the same quarter a year ago, actual revenue was $670.19MBased on 16 analysts’ estimates, the company’s revenue will be $1.63B in the next fiscal year. The high estimate is $2.05B and the low estimate is $1.34B.
