For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of enCore Energy Corp (NASDAQ: EU) was $2.57 for the day, up 3.63% from the previous closing price of $2.48. In other words, the price has increased by $3.63 from its previous closing price. On the day, 1.58 million shares were traded.
Ratios:
Our analysis of EU’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 3.85. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on May 06, 2024, initiated with a Buy rating and assigned the stock a target price of $7.50.
On February 02, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $6.B. Riley Securities initiated its Buy rating on February 02, 2024, with a $6 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 03 ’25 when SHERIFF WILLIAM M sold 24,000 shares for $3.20 per share. The transaction valued at 76,848 led to the insider holds 2,120,055 shares of the business.
SHERIFF WILLIAM M sold 24,000 shares of EU for $85,094 on Jan 02 ’25. The Director now owns 2,144,055 shares after completing the transaction at $3.55 per share.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.59 while its Price-to-Book (P/B) ratio in mrq is 1.39.
Stock Price History:
Over the past 52 weeks, EU has reached a high of $5.05, while it has fallen to a 52-week low of $2.46. The 50-Day Moving Average of the stock is -19.96%, while the 200-Day Moving Average is calculated to be -31.32%.
Shares Statistics:
A total of 185.35M shares are outstanding, with a floating share count of 179.57M. Insiders hold about 3.11% of the company’s shares, while institutions hold 48.07% stake in the company.
Earnings Estimates
enCore Energy Corp (EU) is presently subject to a detailed evaluation by 1 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.23 and -$0.36 for the fiscal current year, implying an average EPS of -$0.29. EPS for the following year is $0.19, with 3.0 analysts recommending between $0.27 and $0.08.
Revenue Estimates
Based on 4 analysts’ estimates, the company’s revenue will be $135.18M in the next fiscal year. The high estimate is $188.64M and the low estimate is $96.31M.
