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.
The price of Enerplus Corporation (NYSE: ERF) closed at $19.33 in the last session, down -1.28% from day before closing price of $19.58. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 2.21 million shares were traded. ERF stock price reached its highest trading level at $19.6 during the session, while it also had its lowest trading level at $19.02.
Ratios:
We take a closer look at ERF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 58.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 the company, RBC Capital Mkts on April 29, 2024, Downgraded its rating to Sector Perform and sets its target price to $22 from $21 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ERF now has a Market Capitalization of 3948075264 and an Enterprise Value of 4063540992. As of this moment, Enerplus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.22, and their Forward P/E ratio for the next fiscal year is 9.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 2.66 whereas that against EBITDA is 4.24.
Stock Price History:
Over the past 52 weeks, ERF has reached a high of $20.97, while it has fallen to a 52-week low of $13.46. The 50-Day Moving Average of the stock is 1.50%, while the 200-Day Moving Average is calculated to be 14.73%.
Shares Statistics:
According to the various share statistics, ERF traded on average about 3.50M shares per day over the past 3-months and 2055930 shares per day over the past 10 days. A total of 202.20M shares are outstanding, with a floating share count of 192.78M. Insiders hold about 5.15% of the company’s shares, while institutions hold 60.10% stake in the company. Shares short for ERF as of 1713139200 were 2218070 with a Short Ratio of 0.63, compared to 1710460800 on 2867989. Therefore, it implies a Short% of Shares Outstanding of 2218070 and a Short% of Float of 1.0999999999999999.
Dividends & Splits
The forward annual dividend rate for ERF is 0.24, which was 0.23 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01174668The stock’s 5-year Average Dividend Yield is 1.78.
