Tracking EPS on Shares of Enerplus Corporation (NYSE:ERF)

As earnings season comes into focus, active investors may be wondering which companies will beat estimates and which ones will miss when the earnings numbers are posted. Looking at shares of Enerplus Corporation (NYSE:ERF), we note that the current quarter consensus EPS estimate is 0.28. This estimate is comprised of 3 sell-side analysts polled by Zacks Research. For the previous quarter, the company posted a quarterly EPS of 0.09. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a particular company. 

Investors are often faced with difficult decisions when trading the equity market. Sometimes, the decision to sell a certain stock may be just as important as the decision to buy the stock in the first place. Individual investors may have done the research, had some good fortune, and are now dealing with a big winner in the portfolio. Even though a stock has had a big run, it may be time to unload and take some profits. Holding on to a winner too long can eat into profits that may have been better spent getting into another promising name. On the flip side, investors may have trouble letting go of an underperforming portfolio loser. The emotional attachment to a stock can cause the investor to hold onto a stock for way too long. Maybe the stock was thoroughly researched, but it just keeps going lower. Being able to cut the ties instead of waiting for a bounce back may be beneficial for portfolio health in the long run.

Let’s shift the focus and look at some historical stock price action on shares of Enerplus Corporation (NYSE:ERF). After a recent market scan, we have seen that the stock has been trading near the $12.76 level. Investors may also be tracking the current stock price in relation to its 52-week high and low. The 52-week high is currently sitting at $13.6, and the 52-week low is $8.25. When the stock starts moving towards the 52-week high or 52-week low, investors may pay added attention to see if there will be a breakthrough that level. Over the last 12 weeks, the stock has moved -0.23%. Since the beginning of the calendar year, we can see that shares have changed 30.34%. Over the past 4 weeks, shares have moved -2.6%. Over the previous 5 sessions, the stock has moved -5.55%.

Sell-side Street analysts often offer stock ratings for companies that they cover. Based on analysts polled by Zacks Research, the present average broker rating on shares of Enerplus Corporation (NYSE:ERF) is presently 1.38. This average rating includes analysts who have given Sell, Buy and Hold ratings on the equity. This rating uses a numerical recommendation scale from 1 to 5. A score of 1 would represent a Buy recommendation, and a score of 5 would indicate a Sell recommendation. Out of all the analysts providing recommendations, 8 have rated the stock a Strong Buy or Buy, based on data provided by Zacks Research.

Taking a look at some target price information, we note that shares of Enerplus Corporation (NYSE:ERF) presently have an average target price of $16.03. This is the consensus target price using estimates offered by analysts polled by Zacks Research. Sell-side analysts can calculate price target projections using various methods. Many investors will track stock target prices, especially when analysts make changes to the target. A thorough research report will generally give detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the data to help with their own stock research.

Individual investors might be digging a little deeper into the playbook in order to create a winning plan for the new year. The diligent investor typically has a portfolio that is diversified and ready to encounter any unforeseen market action. Even after creating the well-planned portfolio with expected returns, nobody can be absolutely sure that those returns will be seen. Setting realistic expectations can help the investor from becoming discouraged if the original plan runs into a bit of a snag. Of course every investor would like to enter the stock market and see sizeable profits right off the bat. This may only be wishful thinking for investors who aren’t ready to put in the time and energy to make sure the overall strategy stays on track and the portfolio stays properly managed.