Enerplus Stock Analysis

ERF Stock  USD 19.38  0.25  1.31%   
Enerplus is fairly valued with Real Value of 20.02 and Target Price of 18.88. The main objective of Enerplus stock analysis is to determine its intrinsic value, which is an estimate of what Enerplus is worth, separate from its market price. There are two main types of Enerplus' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Enerplus' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Enerplus' stock to identify patterns and trends that may indicate its future price movements.
The Enerplus stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Enerplus is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Enerplus Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Enerplus' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.

Enerplus Stock Analysis Notes

About 63.0% of the company shares are held by institutions such as insurance companies. The book value of Enerplus was currently reported as 6.07. The company has Price/Earnings To Growth (PEG) ratio of 0.1. Enerplus last dividend was issued on the 1st of March 2024. Enerplus Corporation, together with subsidiaries, engages in the exploration and development of crude oil and natural gas in the United States and Canada. Enerplus Corporation was founded in 1986 and is headquartered in Calgary, Canada. Enerplus Corp operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 435 people. To learn more about Enerplus call Ian Dundas at 403-298-2200 or check out https://www.enerplus.com.

Enerplus Quarterly Total Revenue

414.54 Million

Enerplus Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Enerplus' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Enerplus or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 212.45 M in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Enerplus has a current ratio of 0.64, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enerplus until it has trouble settling it off, either with new capital or with free cash flow. So, Enerplus' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enerplus sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enerplus to invest in growth at high rates of return. When we think about Enerplus' use of debt, we should always consider it together with cash and equity.
Enerplus has a strong financial position based on the latest SEC filings
About 63.0% of Enerplus shares are held by institutions such as insurance companies
On 15th of March 2024 Enerplus paid $ 0.065 per share dividend to its current shareholders
Latest headline from prnewswire.com: Thinking about buying stock in Equillium, Kuke Music, Altamira Therapeutics, MoneyHero, or Enerplus

Enerplus Upcoming and Recent Events

Earnings reports are used by Enerplus to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enerplus previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Enerplus Largest EPS Surprises

Earnings surprises can significantly impact Enerplus' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-05-08
2020-03-310.030.01-0.0266 
2017-11-09
2017-09-300.090.07-0.0222 
2013-11-08
2013-09-300.190.17-0.0210 
View All Earnings Estimates

Enerplus Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Enerplus is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enerplus backward and forwards among themselves. Enerplus' institutional investor refers to the entity that pools money to purchase Enerplus' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Alliancebernstein L.p.2023-12-31
2.2 M
Aventail Capital Group, Lp2023-12-31
2.1 M
Allspring Global Investments Holdings, Llc2023-12-31
1.9 M
American Century Companies Inc2023-12-31
1.9 M
Balyasny Asset Management Llc2023-12-31
1.7 M
Renaissance Technologies Corp2023-12-31
1.7 M
Dimensional Fund Advisors, Inc.2023-12-31
1.7 M
Amvescap Plc.2023-12-31
1.6 M
Riposte Capital Llc2023-09-30
1.6 M
Royal Bank Of Canada2023-12-31
9.6 M
Wellington Management Company Llp2023-12-31
8.5 M
Note, although Enerplus' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Enerplus Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enerplus's market, we take the total number of its shares issued and multiply it by Enerplus's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Enerplus Profitablity

Enerplus' profitability indicators refer to fundamental financial ratios that showcase Enerplus' ability to generate income relative to its revenue or operating costs. If, let's say, Enerplus is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Enerplus' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Enerplus' profitability requires more research than a typical breakdown of Enerplus' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.3 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.34 %, which entails that for every 100 dollars of revenue, it generated $0.34 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.37  0.39 
Return On Assets 0.22  0.23 
Return On Equity 0.37  0.39 

Management Efficiency

Enerplus has Return on Asset of 0.1812 % which means that on every $100 spent on assets, it made $0.1812 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3959 %, implying that it generated $0.3959 on every 100 dollars invested. Enerplus' management efficiency ratios could be used to measure how well Enerplus manages its routine affairs as well as how well it operates its assets and liabilities. The Enerplus' current Return On Capital Employed is estimated to increase to 0.39. The Enerplus' current Return On Assets is estimated to increase to 0.23. At this time, Enerplus' Other Assets are most likely to increase significantly in the upcoming years. The Enerplus' current Net Tangible Assets is estimated to increase to about 1.3 B, while Non Currrent Assets Other are projected to decrease to roughly 5.6 M.
Last ReportedProjected for 2024
Price Book Value Ratio 2.64  2.89 
Enterprise Value Multiple 3.52  3.34 
Price Fair Value 2.64  2.89 
The analysis of Enerplus' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Enerplus' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Enerplus Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0136
Forward Dividend Yield
0.0136
Forward Dividend Rate
0.26
Beta
2.652

Technical Drivers

As of the 28th of March, Enerplus shows the Downside Deviation of 1.61, mean deviation of 1.34, and Coefficient Of Variation of 551.09. Enerplus technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Enerplus, which can be compared to its rivals. Please confirm Enerplus treynor ratio, and the relationship between the standard deviation and downside variance to decide if Enerplus is priced favorably, providing market reflects its regular price of 19.38 per share. Given that Enerplus has jensen alpha of 0.2136, we urge you to verify Enerplus's prevailing market performance to make sure the company can sustain itself at a future point.

Enerplus Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Enerplus middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Enerplus. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Enerplus Predictive Daily Indicators

Enerplus intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enerplus stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Enerplus Corporate Filings

6K
14th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
29th of February 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
23rd of February 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
22nd of February 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
21st of February 2024
Other Reports
ViewVerify
6K
2nd of February 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
25th of January 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
2nd of November 2023
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify

Enerplus Forecast Models

Enerplus' time-series forecasting models are one of many Enerplus' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Enerplus' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Enerplus Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Enerplus prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Enerplus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Enerplus. By using and applying Enerplus Stock analysis, traders can create a robust methodology for identifying Enerplus entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.33  0.35 
Operating Profit Margin 0.35  0.33 
Net Profit Margin 0.27  0.28 
Gross Profit Margin 0.38  0.59 

Current Enerplus Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Enerplus analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Enerplus analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
18.88Buy6Odds
Enerplus current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Enerplus analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Enerplus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Enerplus, talking to its executives and customers, or listening to Enerplus conference calls.
Enerplus Analyst Advice Details

Enerplus Stock Analysis Indicators

Enerplus stock analysis indicators help investors evaluate how Enerplus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Enerplus shares will generate the highest return on investment. By understating and applying Enerplus stock analysis, traders can identify Enerplus position entry and exit signals to maximize returns.
Begin Period Cash Flow38 M
Long Term Debt105.4 M
Common Stock Shares Outstanding217.9 M
Total Stockholder Equity1.2 B
Tax Provision111.4 M
Quarterly Earnings Growth Y O Y-0.603
Property Plant And Equipment Net1.5 B
Cash And Short Term Investments66.7 M
Cash66.7 M
Accounts Payable294.1 M
Net Debt145.7 M
50 Day M A16.4024
Total Current Liabilities478.4 M
Other Operating Expenses1.1 B
Non Current Assets Total1.7 B
Forward Price Earnings9.058
Non Currrent Assets Other5.9 M
Stock Based Compensation17.3 M
When determining whether Enerplus is a strong investment it is important to analyze Enerplus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Enerplus' future performance. For an informed investment choice regarding Enerplus Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enerplus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Enerplus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enerplus. If investors know Enerplus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enerplus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Dividend Share
0.23
Earnings Share
2.09
Revenue Per Share
7.229
Quarterly Revenue Growth
(0.21)
The market value of Enerplus is measured differently than its book value, which is the value of Enerplus that is recorded on the company's balance sheet. Investors also form their own opinion of Enerplus' value that differs from its market value or its book value, called intrinsic value, which is Enerplus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enerplus' market value can be influenced by many factors that don't directly affect Enerplus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enerplus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enerplus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enerplus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.