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Main » Q3 2017 EPS Estimates for Encana Corp (ECA) Decreased by Jefferies Group

Q3 2017 EPS Estimates for Encana Corp (ECA) Decreased by Jefferies Group

13 October 2017

On average, analysts expect that Encana Corp will report full year sales of $798.21 million for the current year, with estimates ranging from $3.00 billion to $4.10 billion. Next quarter's EPS is forecasted to be $0.12 with next year's EPS anticipated to be $0.66. Encana Corp (TSE:ECA) has 0.00% since October 12, 2016 and is. Four analysts have issued estimates for Encana Corp's earnings, with estimates ranging from $705.99 million to $932.84 million. The company's 3-months average volume stands at 12.28 million. The business is scheduled to report its next earnings report on Thursday, July 20th.

Let's take a look at some of the numbers for Encana Corporation (NYSE:ECA).

The company is up by 0.96%% since yesterday's close of 11.43. As of the last earnings report the EPS was $0.84 and is expected to be $0.50 for the current year with 973,095,000 shares outstanding. This nets out to a decrease of 39.71 million shares and is another bearish sign for ECA. The rating was maintained by UBS with "Neutral" on Thursday, October 6. The firm earned "Buy" rating on Wednesday, April 12 by Canaccord Genuity. Zacks upgraded the shares of WU in report on Monday, September 21 to "Buy" rating. Beta is a measurement of the stock price fluctuation, and may be used to gauge how fast the price may rise or fall. The firm has "Hold" rating by TD Securities given on Friday, January 27. $12.27's average target is 7.35% above currents $11.43 stock price. Zooming out to the 50-day, we can see that shares are now trading 4.41% off of that mark. The stock now has Monthly Volatility of 2.70% and Weekly Volatility of 2.15%. As the name suggests, this gives the middle ground of the fund's equity investments, letting investors know if the fund mainly invests in large-, mid- or small-cap stocks. "It is also useful for mutual fund investors, as many funds will list the "average" or 'median" market capitalization of its holdings. Among active positions in the latest quarter, 154 holders increased their positions by a total of 79.46 million shares, 151 holders decreased the positions by a total of 97.8 million shares, and 57 holders held their positions. The company has market cap of $11.13 billion. Finally, D.A. Davidson & CO. grew its holdings in Encana Corporation by 2.1% in the second quarter. Wetherby Asset Management Inc. grew its holdings in Encana Corporation by 2.1% in the second quarter. Finally, AMP Capital Investors Ltd boosted its stake in shares of Encana Corp by 49.1% in the third quarter. 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 stock exchanged hands with2558394 numbers of shares contrast to its average daily volume of 1.42 shares. The lowest price the stock reached in the last trading day was $8.29 and compares with the $7.44 52-week low. The Stock now has a Weekly Volatility of 2.15% and Monthly Volatility of 2.70%.

Financial Watchlist of First Horizon National Corporation (NYSE:FHN)
KEY has a 1-week performance of -0.7%. 197.17 million shares or 0.78% more from 195.63 million shares in 2017Q1 were reported. Greenwood Capital Associates LLC increased its position in First Horizon National Corporation by 7.3% during the 2nd quarter.

Company shares last traded at $11.54 which is marginally higher than the 50 day moving average of $10.53 and which is quite a bit above the 200 day moving average of $10.20. The firm has "Underperform" rating given on Thursday, February 25 by IBC.

We are also noting that Encana Corporation (NYSE:ECA) was recently seen trading -4.08% away from the 50-day high and 31.17% separated from the 50-day low. Shareholders of record on Friday, September 15th were given a $0.015 dividend. The ex-dividend date is Tuesday, June 13th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.42%. Encana Corporation's payout ratio is 6.98%.

Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids producing plays. The Company's activities also include the marketing of natural gas, oil and NGLs.