Monday, 18 December, 2017

Encana Corporation (NASDAQ:ECA) To Release Earnings

Melinda Barton | 17 February, 2017, 00:44

The stock has more than tripled in the last 12 months. The stock is now moving above its 20-Day Simple Moving Average of 1.61% with the 50-Day Simple Moving Average of 1.61 percent. The stock touched its high share price of $13.85 on Jan 26, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on Feb 23, 2016 as $3.

Encana Corporation (NYSE:ECA) shows its Return on Assets (ROA) value of -8.5 percent, while the Return on Equity (ROE) value is -22.4 percent and Return on Investment (ROI) value stands at -30.1 percent. The Stock has YTD (year to date) performance of 9.54 percent. Full-year profit views are for Encana Corporation to earn $0.02 in current year and grow profits by almost -128.57% over last year's earnings of -$0.07. ECA said it had a profit of $0.09 Earnings per Share for the quarter.

Encana Corporation Gross Margin percentage stands at 63.6% while its Operating Margin for trailing twelve month is -78.9 percent and Profit margin (ttm) is -40.8 Percent.

In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for Encana Corporation as 781.56 Million.

In terms of earnings per share, 13 analysts have a 0.06 EPS mean target for the quarter ending Mar-17, for the quarter ending Jun-17, 13 analysts have a 0.06 EPS mean target and for the quarter ending Jun-17 there are 22 estimates of 0.36 EPS. On the other hand, in the June 2017 quarter the company recorded a net $364M revenue with earnings per share of $0.10. Korea Investment CORP now owns 594,108 shares of the company's stock valued at $6,198,000 after buying an additional 449,308 shares during the period.

In the a year ago Encana Corp's stock price has increased by 0% from 0.00 to 12.89.

Encana Corp (TSE:ECA) (NYSE:ECA) had its price objective upped by Scotiabank from C$11.00 to C$12.00 in a research report issued to clients and investors on Thursday.

CALGARY, Alberta (AP) _ Encana Corp. The Stock surged on the very next day of earnings and maintained its stock price at $9.83 by showing a % change of 5.81 percent from its previous closing price. But the year-to-year decline was smaller in the fourth quarter, when revenue was down 20 per cent to US$822 million. On the 7th day After Earnings Report, the stock hit its share price as $10.61 by showing 14.21% increase from the Stock price Before Earnings were reported. The High end of the forecast is $0.11/share, while the Low end is $0.01/share. Thus the company showed an Earnings Surprise of 200 Percent. These analysts and investment firms use various valuation methods to decide a price target for a stock.

"Encana Corporation (ECA) Now Covered by Analysts at J P Morgan Chase & Co" was published by BBNS and is the property of of BBNS.

May 03, 2016: Encana Corporation reported Q1 earnings loss of -$0.15, beating consensus estimates of -$0.16.

Price Target plays a critical role when it comes to the Analysis of a Stock.