Finance

Stocks Movement Analysis: Encana Corporation (NYSE:ECA), Applied Materials, Inc. (NASDAQ:AMAT)

Encana Corporation (NYSE:ECA)
EnCana Corporation is one of the world’s largest independent natural gas producers and gas storage operators.
Encana Corporation (NYSE:ECA)’s Financial Overview
Encana Corporation (NYSE:ECA) declined -2.66% yesterday to close its trading session at $12.43. The company has 1 year Price Target of $15.01. Encana Corporation has 52-Week high of $13.85 and 52-Week Low of $3. The stock touched its 52-Week High on Jan 26, 2017 and 52-Week Low on Feb 23, 2016. The stock traded with the volume of 23.37 Million shares yesterday. The firm shows the market capitalization of $11.89 Billion.
Encana Corporation (NYSE:ECA) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.04/share against the analyst consensus estimate of $-0.04/share. The difference between the actual and expected EPS is $0.08 a share with a surprise factor of 200%.
The firm is trading with SMA20 of -2.94 Percent, SMA50 of -1.82 Percent and SMA200 of 23.94 percent. Encana Corporation has P/S value of 3.8 while its P/B value stands at 1.71. Similarly, the company has Return on Assets of -8.5 percent, Return on Equity of -22.4 percent and Return on Investment of -30.1 Percent. The company shows Gross Margin and Operating Margin of 63.6 percent and -78.9 percent respectively.
Many brokerage firms are involved in issuing their ratings on Encana Corporation (NYSE:ECA). On 15-Feb-17 JP Morgan Initiated Encana Corporation Stock to Overweight. Another firm also rated the stock on 24-Jan-17 where Macquarie Upgrade the stock to Outperform.
The Stock currently has Analyst’ mean Recommendation of 2.4 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.
The 26 analysts offering 12-month price forecasts for Encana Corp have a median target of 15.00, with a high estimate of 22.00 and a low estimate of 8.00. The median estimate represents a +20.68% increase from the last price of 12.43.
Encana Corporation is expected* to report earnings on 02/16/2017 before market open. The report will be for the fiscal Quarter ending Dec 2016. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.03. The reported EPS for the same quarter last year was $0.13.
Applied Materials, Inc. (NASDAQ:AMAT)
Applied Materials develops, manufactures, markets and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. Customers for these products include semiconductor wafer manufacturers and semiconductor integrated circuit manufacturers, who either use the Ics they manufacture in their own products or sell them to other companies. These ICs are the key components in most advanced electronic products such as computers, telecommunications devices, automotive engine management systems and electronic games.
Applied Materials, Inc. (NASDAQ:AMAT)’s Financial Outlook
The 23 analysts offering 12-month price forecasts for Applied Materials Inc have a median target of 37.00, with a high estimate of 43.00 and a low estimate of 25.00. The median estimate represents a +5.17% increase from the last price of 35.18.
Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.
According to Zacks Investment Research, Applied Materials, Inc. has a Consensus Recommendation of 1.39. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).
The Stock fell -0.87% and closed its last trading session at $35.18. The company has the market capitalization of $38.11 Billion. The stock has 52-week high of $35.85 and 52-Week low of $18.09. The firm touched its 52-Week high on Feb 9, 2017 and 52-Week low on Feb 24, 2016. The company has volume of 21.67 Million shares. The company has a total of 1.08 Billion shares outstanding.
Applied Materials, Inc. (NASDAQ:AMAT) in the last quarter reported its actual EPS of $0.66/share where the analyst estimated EPS was $0.65/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 1.5 percent.
The company has YTD performance of 9.02 percent. Beta for Applied Materials, Inc. stands at 1.85 while its ATR (average true range) is 0.63. The company has Weekly Volatility of 1.71%% and Monthly Volatility of 1.63%%.
Applied Materials, Inc. has distance from 20-day Simple Moving Average (SMA20) of 1.11%, Distance from 50-Day Simple Moving Average of 5.02 percent and Distance from 200-Day Simple Moving Average of 23.69%.
The Company currently has ROA (Return on Assets) of 12.6 percent, Return on Equity (ROE) of 24.8 Percent and Return on Investment (ROI) of 17.6% with Gross margin of 41.7 percent and Operating & Profit margin of 19.9% and 15.9% respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *