Stock In Spotlight: Encana Corporation (NYSE:ECA)


Encana Corporation (NYSE:ECA) closed its last session at $11.25. The stock traded within a range of $10.41 and $11.33. The company operates in the Energy sector with a market capitalization of 11.35 Million. Trading volume for Encana Corporation was 10.84 Million in its previous trading session. Currently, Encana Corporation (NYSE:ECA) has an average volume of 7.83 Million.

Company Profile

EnCana Corporation is one of the world’s largest independent natural gas producers and gas storage operators.

Analyst Views

Encana Corporation (NYSE:ECA) received a Buy rating from 10 analysts. 2 analysts gave its stock an Outperform rating. 4 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Encana Corporation (NYSE:ECA) touched its 1-Year High price of $14.31 on 01/11/18 and its 1-Year Low price of $ 8.01 on 06/20/17.

EPS & Financials

Encana Corporation (NYSE:ECA) reported its EPS in the last quarter as $0.02/Share lagging the analyst estimate of $0.06/Share by a difference of $-0.04. This showed a surprise of -66.7% in the last quarter earnings.

For the current quarter, 19 analysts are projecting a mean EPS of $0.1/share. According to their observations and findings, the stock could provide a high EPS of $0.14/share and a low EPS of $0.04/share.

Analysts believe that the company has the potential to earn average revenue of $1.07 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.09 Billion and 1.05 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Encana Corporation (NYSE:ECA) has a 20-Day average volume of 7.94 Million. According to today’s trading volume Encana Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.08 Percent and Institutional ownership of 67.2 Percent. The return on assets stands at 5.2%, Return on Equity currently is 11.7% and the Return on Investment value is -9.6%.

Encana Corporation (NYSE:ECA) gross margin percentage stands at 64.6% while its operating margin for the past trailing twelve month is 19.4 percent and its overall profit margin (ttm) is 19.1 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -8.45% with a 50-Day Simple Moving Average of -9.82 percent. As of today, the company has a SMA200 (200-day simple moving average) of 3.28 Percent. The Stock has YTD (year to date) performance of -15.6 percent.

The TTM operating margin for the company stands at 19.4%. The return on invested capital is at -9.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 0.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 3.28%, and has a solid year to date (YTD) performance of -15.6% which means that the stock is constantly adding to its value from the previous fiscal year end price.