Economy

Anticipated $0.21 EPS for Encana Corporation (ECA) as of May, 1

Anticipated $0.21 EPS for Encana Corporation (ECA) as of May, 1

Brokerages expect Encana (NYSE:ECA) (TSE:ECA) to post earnings per share of $0.13 for the current quarter, Zacks Investment Research reports. For the next fiscal year, analysts anticipate that the firm will post sales of $5.40 billion per share, with estimates ranging from $4.76 billion to $6.21 billion. The company was maintained on Tuesday, October 3 by Canaccord Genuity. Analysts forecast 54.55 % diference or $0.17 from the $0.11 EPS from 2017. Since April 30, 2017 ECA has 0.00% and is. The stock of Encana Corporation (NYSE:ECA) earned "Outperform" rating by Wolfe Research on Friday, June 16. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.06 billion. Encana had a return on equity of 17.15% and a net margin of 34.15%.

Several analysts have released their opinion on Encana Corporation (NYSE:ECA), with 13 analysts believing it is a strong buy. GMP Securities restated a "buy" rating and set a $15.50 price objective on shares of Encana in a research report on Friday, February 23rd. The institutional investor held 15,629 shares of the business services company at the end of 2017Q4, valued at $2.70 million, up from 12,464 at the end of the previous reported quarter. Evercore upgraded the stock to "Outperform" rating in Wednesday, March 7 report. Deutsche Bank AG reiterated a "buy" rating and set a $13.00 price objective (down previously from $15.00) on shares of Encana Corp.in a research note on Thursday, September 29th. That is 54.55 % up compareed to $0.11 EPS for past year.

In related news, Director Howard John Mayson purchased 2,500 shares of Encana stock in a transaction that occurred on Thursday, March 1st. The shares were bought at an average cost of $10.62 per share, for a total transaction of $53,100.00. Raymond James & Assocs owns 36,055 shares. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Suzanne P. Nimocks purchased 5,000 shares of Encana stock in a transaction that occurred on Wednesday, February 21st. The stock has a 50 day moving average price of $10.36 and a 200-day moving average price of $8.82. Security holds 2,000 shares. The disclosure for this purchase can be found here. Thomson Horstmann & Bryant Inc sold 11,791 shares as the company's stock declined 6.68% with the market. Stevens Capital Management LP acquired a new stake in Encana Corp. during the second quarter valued at approximately $165,000. KBC Group NV lifted its stake in Encana by 93.5% during the third quarter.

More news: Big Money in Netflix Inc (NASDAQ:NFLX), Sentiment at 1.31

Institutional investors now hold around $8.16 billion or 67.2% in ECA stock. Sanford C. Bernstein raised their price objective on shares of Encana from C$19.89 to C$19.98 in a research report on Friday, February 16th. Thomson Horstmann & Bryant Inc who had been investing in Foster Lb for a number of months, seems to be less bullish one the $254.07 million market cap company. Encana has a one year low of $8.01 and a one year high of $14.31. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.62. AGF Investments Inc. now owns 722,800 shares of the oil and gas company's stock worth $9,643,000 after purchasing an additional 305,000 shares during the last quarter. The third largest holder is Davis Selected Advisers, which now holds $757.94 million worth of this stock and that ownership represents almost 6.13% of its market capitalization.

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids in Canada and the United States.


  • Colleges Revoke Cosby Degrees After Conviction

    Colleges Revoke Cosby Degrees After Conviction

    Temple University, Cosby's alma mater, on Friday rescinded an honorary degree given to the actor almost three decades ago. The University has never revoked an honorary degree, and at this time there is not an established process for doing so.

    Brokerages Expect Alexion Pharmaceuticals (ALXN) Will Announce Quarterly Sales of $971.43 Million

    It increased, as 25 investors sold FISV shares while 292 reduced holdings. 109 funds opened positions while 493 raised stakes. Whitnell accumulated 51,857 shares. 204.38 million shares or 1.21% less from 206.89 million shares in 2017Q3 were reported.
    Penn a suspect in domestic incident?

    Penn a suspect in domestic incident?

    Police are investigating the Los Angeles-area incident, TMZ reported, after they arrived at Penn's home Sunday and he had left. Penn is one of the best linemen in the league and signed a 2-year $21 million extension in 2017 with Oakland.
  • Simon Property Group (SPG) Getting Somewhat Positive Media Coverage, Report Shows

    Simon Property Group (SPG) Getting Somewhat Positive Media Coverage, Report Shows

    Simon Property Group presently has a consensus rating of "Hold" and an average target price of $185.61. (NYSE:SPG). The average target $189.38 is 21.29% above the last ($156.14) price. (NYSE:SPG) earned "Buy" rating by Jefferies.
    Busch Gardens announces return of complimentary beers

    Busch Gardens announces return of complimentary beers

    According to the park's press release, the festival is inspired by Germany's Oktoberfest and Tampa's enthusiastic beer culture. Guests can experience craft beer, traditional German cuisine and music during the Bier Fest events.

    Kimberly-Clark (KMB) Price Target Cut to $108.00

    The Illinois-based New Vernon Investment Mgmt Limited Liability Com has invested 0.56% in Kimberly-Clark Corporation (NYSE:KMB). Barclays set a $119.00 price target on Kimberly-Clark and gave the stock a "hold" rating in a report on Thursday, March 15th.
  • What Are Analysts Opinions On Wells Fargo & Company

    What Are Analysts Opinions On Wells Fargo & Company

    Following the completion of the purchase, the director now owns 81 shares in the company, valued at approximately $4,534.38. Moreover, Lederer & Associates Inv Counsel Ca has 2.13% invested in Wells Fargo & Company (NYSE: WFC ) for 39,230 shares.
    Iran bans use of popular Telegram messaging app

    Iran bans use of popular Telegram messaging app

    The Supreme Council of Cyberspace has earlier set five conditions for foreign messengers to operate in Iran. In recent weeks, officials have been encouraging Iranians to use domestic alternatives to Telegram.

    Anticipated $0.05 EPS for Oasis Petroleum Inc

    It is positive, as 73 investors sold AMGN shares while 458 reduced holdings. 122 funds opened positions while 542 raised stakes. Moreover, Gsa Partners Llp has 0.08% invested in Oasis Petroleum Inc. 51 funds amassed positions and 74 increased positions.
  • Purrfect Ending: Pepper The Cat Rescued From JFK Airport

    Purrfect Ending: Pepper The Cat Rescued From JFK Airport

    The 4-year-old tabby had bolted from her owner at Terminal 4 on April 20 as they were preparing to board a flight to China. Within 15 minutes, Pepper recognized Tang's voice and scampered from her hiding place all the way to the cat carrier.

    BB&T Securities LLC Cuts Position in Toll Brothers (TOL)

    The active investment managers in our database now possess: 78.76 million shares, down from 81.19 million shares in 2017Q3. The shares were sold at an average price of $52.08, for a total transaction of $520,800.00. (NYSE:TOL) for 311,521 shares.

    Analysts Expect Sabra Health Care REIT (SBRA) to Announce $0.61 EPS

    Bb Biotech Ag who had been investing in Tesaro Inc. for a number of months, seems to be bullish on the $2.88B market cap company. Paragon Associates & Paragon Associates Ii Joint Venture holds 5.79% of its portfolio in CareDx, Inc for 948,000 shares.