| Enerplus Corp (ERF): Strong Industry, Solid Earnings Estimate Revisions - Tale of the Tape | |
| | |
|
One stock that might be an intriguing choice for investors right now is Enerplus Corporation (ERF). This is because this security in the Oil-Export & Production space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Oil-Export & Production space as it currently has a Zacks Industry Rank of 57 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. Meanwhile, Enerplus Corp is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term. In fact, over the past month, current quarter estimates have risen from 4 cents per share to 5 cents per share, while current year estimates have narrowed down from a loss of $1.11 per share to a loss of $1.05 per share. The company currently holds a Zacks Rank #3 (Hold), which is also a favorable signal. So, if you are looking for a decent pick in a strong industry, consider Enerplus Corp. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ENERPLUS CORP (ERF): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
|
|
|
Enerplus Resources Fund
|
|
|
CODE : ERF |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Enerplus Res. is based in Canada. Enerplus Res. is listed in Canada and in United States of America. Its market capitalisation is US$ 4.9 billions as of today (€ 4.5 billions). Its stock quote reached its lowest recent point on April 03, 2020 at US$ 1.16, and its highest recent level on May 29, 2024 at US$ 20.19. Enerplus Res. has 240 480 000 shares outstanding. |