Enerplus Corporation (NYSE: ERF) kicked off on January 24, 2023, at the price of $17.76, down -1.01% from the previous trading day. During the day, the shares moved up to $17.90 and dropped to $17.41 before settling in for the closing price of $17.75. Over the past 52 weeks, ERF has traded in a range of $10.21-$19.23.
During the last 5-year period, the sales growth of Energy Sector giant was 15.50%. While this was happening, its average annual earnings per share was recorded 129.90%. With a float of $220.84 million, this company’s outstanding shares have now reached $231.56 million.
Let’s determine the extent of company efficiency that accounts for 435 employees. In terms of profitability, gross margin is +46.44, operating margin of +42.41, and the pretax margin is +22.66.
Enerplus Corporation (ERF) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Enerplus Corporation is 1.30%, while institutional ownership is 28.30%.
Enerplus Corporation (ERF) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/29/2022, the organization reported $0.72 earnings per share (EPS), higher than consensus estimate (set at $0.6) by $0.12. This company achieved a net margin of +15.81 while generating a return on equity of 45.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 129.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.26% during the next five years compared to -11.50% drop over the previous five years of trading.
Enerplus Corporation (NYSE: ERF) Trading Performance Indicators
Take a look at Enerplus Corporation’s (ERF) current performance indicators. Last quarter, stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.13, a number that is poised to hit 1.17 in the next quarter and is forecasted to reach 3.82 in one year’s time.
Technical Analysis of Enerplus Corporation (ERF)
Looking closely at Enerplus Corporation (NYSE: ERF), its last 5-days average volume was 0.94 million, which is a drop from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 78.66%. Additionally, its Average True Range was 0.61.
During the past 100 days, Enerplus Corporation’s (ERF) raw stochastic average was set at 75.75%, which indicates a significant decrease from 80.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.64% in the past 14 days, which was lower than the 48.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.43, while its 200-day Moving Average is $15.18. However, in the short run, Enerplus Corporation’s stock first resistance to watch stands at $17.84. Second resistance stands at $18.12. The third major resistance level sits at $18.33. If the price goes on to break the first support level at $17.35, it is likely to go to the next support level at $17.14. Now, if the price goes above the second support level, the third support stands at $16.86.
Enerplus Corporation (NYSE: ERF) Key Stats
The company with the Market Capitalisation of 3.91 billion has total of 217,400K Shares Outstanding. Its annual sales at the moment are 1,208 M in contrast with the sum of 234,440 K annual income. Company’s last quarter sales were recorded 720,530 K and last quarter income was 305,950 K.