Encana Corporation (NYSE:ECA) registered a -3.20% decrease, still its new closing price is 336.52% up from the company’s 1 year high of 13.85.It posted -1.66% losses in previous 5 sessions and is now the subject of 9 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 25 stock analysts following this company have an average price target at $14.89, with individual PT in the $11.00-$22.00 range. The shares moved at $13.00, implying that brokerage firms see shares gaining about 198.98% in twelve months time.
Encana Corporation (ECA) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 10.73% rise year to date. A Director at Encana Corporation (ECA) acquired shares in a transaction closed on Wednesday July 02, 2014. Fowler, Fred John bought 1,000 shares in the company at $23.5 each and collected $23,001 in proceeds. Fowler, Fred John now owns 0 shares in the company after this transaction. A Director in the company, Waterman, Bruce G., disclosed a transaction on Friday January 17, 2014 that ended up paying $192,001 from the purchase of 10,000 shares at $19.28 per share.
Encana Corporation (NYSE:ECA) Upcoming Results on Tap
Encana Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.06 in that period. Sales during the quarter are predicted to arrive at $776.9 million.
Earnings surprise history: Last quarter, the company posted approximately $979 million in revenue and EPS of $0.04. The mean forecast was for $718.32 million and $-0.02 a share, respectively. One quarter earlier, revenue for the stock was at $364 million, with earnings at $0.10/share.
Encana Corporation (ECA) Brokerage Update
Encana Corporation (ECA) is in Macquarie’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Macquarie, according to news reported on Tuesday January 24, 2017.Another important research note was issued by Societe Generale on Wednesday January 11, 2017.The firm upgraded ECA to Hold from Sell. Over the last six months and over the last three months, the shares of Encana Corporation (ECA), have changed 67.97% and 26.36%, respectively.