Market Momentum: Ero Copper Corp (ERO) Registers a -1.39 Decrease, Closing at 14.21

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

Ero Copper Corp (NYSE: ERO) closed the day trading at $14.21 down -1.39% from the previous closing price of $14.41. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 0.65 million shares were traded. ERO stock price reached its highest trading level at $14.555 during the session, while it also had its lowest trading level at $14.18.

Ratios:

For a better understanding of ERO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.84.

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 1471758080 and an Enterprise Value of 2334134272. As of this moment, Ero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 80.78, and their Forward P/E ratio for the next fiscal year is 4.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 4.768 whereas that against EBITDA is 10.778.

Stock Price History:

The Beta on a monthly basis for ERO is 1.39, which has changed by -0.26449275 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, ERO has reached a high of $23.40, while it has fallen to a 52-week low of $9.30. The 50-Day Moving Average of the stock is -4.99%, while the 200-Day Moving Average is calculated to be -3.46%.

Shares Statistics:

Over the past 3-months, ERO traded about 581.91K shares per day on average, while over the past 10 days, ERO traded about 1045920 shares per day. A total of 103.57M shares are outstanding, with a floating share count of 94.48M. Insiders hold about 8.78% of the company’s shares, while institutions hold 69.68% stake in the company. Shares short for ERO as of 1749772800 were 4033345 with a Short Ratio of 6.93, compared to 1747267200 on 4019829.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

Investors are keenly observing as 7.0 analysts analyze and rate the current performance of Ero Copper Corp (ERO) in the stock market.The consensus estimate for the next quarter is $0.62, with high estimates of $0.77 and low estimates of $0.45.

Analysts are recommending an EPS of between $2.95 and $1.71 for the fiscal current year, implying an average EPS of $2.18. EPS for the following year is $3.01, with 11.0 analysts recommending between $4.33 and $2.08.

Revenue Estimates

4 analysts predict $261.94M in revenue for the current quarter. It ranges from a high estimate of $279.1M to a low estimate of $239.37M. As of the current estimate, Ero Copper Corp’s year-ago sales were $162.13MFor the next quarter, 4 analysts are estimating revenue of $318.59M. There is a high estimate of $324.9M for the next quarter, whereas the lowest estimate is $313.51M.

A total of 12 analysts have provided revenue estimates for ERO’s current fiscal year. The highest revenue estimate was $1.25B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.13B. In the same quarter a year ago, actual revenue was $670.19MBased on 10 analysts’ estimates, the company’s revenue will be $1.37B in the next fiscal year. The high estimate is $1.53B and the low estimate is $1.27B.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.