Revenue Forecast of Encana Corporation (ECA)

According to analysts Encana Corp (NYSE:ECA)'s minimum EPS for the current quarter is at $-0.03 and can go high up to $0.23. The oil and gas company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.15. For the current year the company's revenue estimates are $4.21 Billion compared to low analyst estimates of $3.99 Billion and high estimates of $4.39 Billion according to 9 number of analysts. Future earnings predictions are perhaps the most essential input when trying to value a company. If you are accessing this piece of content on another publication, it was copied illegally and republished in violation of United States and global trademark and copyright laws.

Encana Corporation (NYSE:ECA) shares have moved -1.18% on the week.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Encana Corporation (NYSE:ECA) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Zacks Investment Research's EPS averages are an average based on a survey of sell-side research analysts that follow Encana Corporation. Macquarie lowered shares of Encana Corporation from an "outperform" rating to a "neutral" rating in a research note on Wednesday, June 21st. The company rocked its 52-Week High of $13.85 and touched its 52-Week Low of $8.01. BidaskClub cut Encana Corporation from a "hold" rating to a "sell" rating in a report on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, sixteen have given a buy rating and four have issued a strong buy rating to the company. Encana Corporation has a consensus rating of "Buy" and an average price target of $13.23.

Encana Corp (NYSE:ECA) shares traded on 0.84% above secure line and closed at $9.59. The Higher end of the revenue forecast is $937.2 Million, while the Lower end of the forecast is $798.16 Million.

Another critical number in evaluating a stock is P/E or the price to earnings ratio. The company has a 50-day moving average price of $9.50 and a 200 day moving average price of $10.41. From the opening price, the stock has seen a change of 1.80% recently clocking in with a price of $26.59. BMO Capital Markets upgraded Encana Corp (USA) (NYSE:ECA) on Monday, April 11 to "Outperform" rating.


The company reported an impressive total revenue of 2.92 Billion in the last fiscal year. Capstone Asset Management Co. now owns 81,900 shares of the oil and gas company's stock worth $959,000 after buying an additional 670 shares during the last quarter. These ratios are important while doing valuation of the company or the shares of the company. FMR LLC increased its position in Encana Corporation by 6.3% in the first quarter. The company has Beta Value of 2.08 and ATR value of 0.33. Sei Investments Co. boosted its position in shares of Encana Corporation by 84.8% in the first quarter. The stock declined 3.02% or $0.29 reaching $9.3 per share. Russell Investments Group Ltd. boosted its position in shares of Encana Corporation by 103.9% in the first quarter. Analysts giving shares a rating of 1 or 2 would be indicating a Buy.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors with a record date on early Fri, Sep 15th will get a dividend of $0.015 for a share. Encana Corporation's payout ratio is now 6.98%.

Its Canadian Operations segment includes the exploration for, development of, and production of natural gas oil and NGLs and other related activities within Canada.

The company has been one of the biggest innovators in "Major Integrated Oil & Gas" employing approximately 2200 full time employees.

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