Zacks' sales calculations are an average based on a survey of research firms that cover Encana Corp. The original version of this news story can be viewed at https://weekherald.com/2017/10/13/q3-2017-eps-estimates-for-encana-corp-eca-decreased-by-jefferies-group.html. After having $0.18 EPS previously, Encana Corp (USA)'s analysts see -61.11 % EPS growth. The business is scheduled to report its next earnings report on Thursday, July 20th. Encana Corporation had a return on equity of 6.25% and a net margin of 19.09%. The Higher end of the revenue forecast is $1.03 Billion, while the Lower end of the forecast is $881.28 Million. Next quarter's EPS is expected be $0.12 with next year's EPS projected to be $0.66. Raymond James initiated the shares of ECA in report on Wednesday, May 31 with "Outperform" rating.
Investors may be closely monitoring historical stock price performance in order to examine what has been happening with company shares. JPMorgan Chase & Co. reiterated a "strong-buy" rating on shares of Encana Corp in a report on Thursday, February 16th.
16 analysts on average are expecting Encana Corporation to report earnings of $0.12 per share for the current quarter. The firm has "Buy" rating given on Wednesday, November 2 by Deutsche Bank.
Encana (NYSE:ECA) had its target price raised to $12.00 by Barclays in a report released 10/11/2017. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have given a buy rating and four have assigned a strong buy rating to the company's stock. The stock presently has a consensus rating of "Buy" and an average price target of $13.84. BlueCrest Capital Management Ltd now owns 1,100,373 shares of the oil and gas company's stock valued at $12,885,000 after buying an additional 943,183 shares during the period.
The EPS of company is strolling at 0.86. "It is also useful for mutual fund investors, as many funds will list the "average" or 'median" market capitalization of its holdings. Timber Hill LLC now owns 209,632 shares of the oil and gas company's stock worth $2,195,000 after buying an additional 74,099 shares during the period. Vanguard Group Inc. boosted its position in Encana Corporation by 4.6% in the 1st quarter. The value of the total investment in Encana Corporation increased from $35,304,000 to $54,297,000 a change of $18,993,000 quarter to quarter. Finally, AMP Capital Investors Ltd boosted its stake in shares of Encana Corp by 49.1% in the third quarter.
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Shares of Encana Corp (NYSE ECA) traded down 3.28% during trading on Friday, hitting $9.72. Checking in on current price action, company shares had recently touched 11.53.
BorgWarner Inc., (NYSE: BWA), showed a change of -2.1% and closed at $50.92 in the last trading session. The company has a market cap of $11.12 billion, a P/E ratio of 13.62 and a beta of 2.12.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. The ex-dividend date is Tuesday, June 13th. The dividend yield was $0.53. Encana Corporation's dividend payout ratio (DPR) is 6.98%.
Encana Corporation, launched on January 1, 2006, is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays. The Company's operations also include the marketing of natural gas, oil and NGLs.