Desjardins reiterated a "hold" rating and issued a $13.75 price target on shares of Encana Corp in a research report on Thursday, March 30th.
Technical traders may be looking at recent indicator levels on shares of Encana Corp (ECA). BMO Capital Markets has "Outperform" rating and $7.50 target. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and four have given a strong buy rating to the company. The stock presently has an average rating of "Buy" and a consensus price target of $14.43.
Encana Corporation (ECA) stock price moved -3.94% away from 20-Days Simple Moving Average, -1.78% from 50-Days Simple Moving Average and separated 8.66% from 200 Days Simple Moving Average. Insider data is useful because it can reveal what a company's executives and largest shareholders feel about a stock. This nets out to an increase of 16.5 million shares and is a bullish sign for ECA. The points are then added up to determine the best value stocks. Castleton Investment Management LLC's holdings in Encana were worth $707,000 as of its most recent filing with the Securities and Exchange Commission. Over the last ninety days, insiders acquired 29,700 shares of company stock valued at $312,119.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Stevens Capital Management LP purchased a new position in Encana in the 2nd quarter valued at approximately $102,000. Equity Investment Corp Acquisition Inc now owns 12,996 shares of the oil and gas company's stock valued at $114,000 after purchasing an additional 666 shares in the last quarter.
Average Revenue Estimate for the current quarter is $1.01 Billion, according to consensus forecast of 7 analysts. Finally, Shell Asset Management Co. raised its stake in Encana by 113.6% in the 3rd quarter. BB&T Securities LLC increased its position in shares of Encana Corp by 34.9% in the third quarter. The company's previous year sales total was 822000. BB&T Corp increased its holdings in shares of Encana by 26.1% during the second quarter.
Encana Corp (NYSE:ECA) traded down 1.22% during trading on Friday, reaching $9.70. Jvl Advisors Llc who had been investing in Encana Corp for a number of months, seems to be bullish on the $11.27 billion market cap company. BMO Capital Markets set a $14.00 price objective on shares of Encana and gave the stock a "buy" rating in a report on Thursday, October 19th.
The Boeing Company (NYSE:BA) belongs to Industrial Goods sector, shares of firm has 20 days moving average price of 2.43% from last close price of 271.38 and act as support or resistance of price limit. The company rocked its 52-Week High of $13.85 and touched its 52-Week Low of $8.01.
If there is a huge discrepancy between a company's profit margin (particularly its gross margin) and its operating margin, it suggests that the company is more efficient in creating and selling its products, but perhaps less efficient in managing training, administration, research or other day-to-day business costs. The High end of the Estimate is $1.09 Billion, while the Low end of the Estimate is $850.08 Million. On average, equities analysts expect that Encana Corp will post $0.39 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.52%. The ex-dividend date is Thursday, December 14th. Encana's dividend payout ratio (DPR) is 7.50%.
Encana Corporation is an energy producer that is focused on developing its multi-basin portfolio of natural gas, oil and natural gas liquids (NGLs) producing plays.