Enerplus Stock Buy Hold or Sell Recommendation
ERF Stock | USD 20.32 0.05 0.25% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Enerplus is 'Strong Buy'. Macroaxis provides Enerplus buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Enerplus positions. The advice algorithm takes into account all of Enerplus' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Enerplus' buy or sell advice are summarized below:
Real Value 20.51 | Target Price 18.88 | Hype Value 20.44 | Market Value 20.32 | Naive Value 19.28 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Enerplus given historical horizon and risk tolerance towards Enerplus. When Macroaxis issues a 'buy' or 'sell' recommendation for Enerplus, the advice is generated through an automated system that utilizes algorithms and statistical models.
Enerplus |
Execute Enerplus Buy or Sell Advice
The Enerplus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Enerplus. Macroaxis does not own or have any residual interests in Enerplus or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Enerplus' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Enerplus Trading Alerts and Improvement Suggestions
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 62.0% 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 streetinsider.com: Enerplus Corp. PT Raised to Cdn32 at Stifel Canada |
Enerplus Returns Distribution Density
The distribution of Enerplus' historical returns is an attempt to chart the uncertainty of Enerplus' future price movements. The chart of the probability distribution of Enerplus daily returns describes the distribution of returns around its average expected value. We use Enerplus price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Enerplus returns is essential to provide solid investment advice for Enerplus.
Mean Return | 0.60 | Value At Risk | -1.52 | Potential Upside | 2.32 | Standard Deviation | 1.89 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Enerplus historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
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 originates 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, Lp | 2023-12-31 | 2.1 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 1.9 M | American Century Companies Inc | 2023-12-31 | 1.9 M | Balyasny Asset Management Llc | 2023-12-31 | 1.7 M | Renaissance Technologies Corp | 2023-12-31 | 1.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | Amvescap Plc. | 2023-12-31 | 1.6 M | Riposte Capital Llc | 2023-09-30 | 1.6 M | Royal Bank Of Canada | 2023-12-31 | 9.6 M | Wellington Management Company Llp | 2023-12-31 | 8.5 M |
Enerplus Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (162.0M) | (29.2M) | (28.6M) | (23.3M) | 28.7M | 30.2M | |
Free Cash Flow | 48.2M | 80.7M | 323.9M | 721.0M | 386.1M | 405.4M | |
Depreciation | 661.7M | 1.2B | 373.9M | 309.4M | 403.5M | 413.7M | |
Other Non Cash Items | (12.8M) | (13.9M) | (21.0M) | (298.5M) | (14.8M) | (14.1M) | |
Dividends Paid | 21.3M | 20.9M | 32.3M | 41.6M | 48.6M | 46.2M | |
Capital Expenditures | 483.3M | 269.3M | 281.0M | 452.4M | 552.1M | 473.4M | |
Net Income | (198.8M) | (724.1M) | 234.4M | 914.3M | 456.1M | 478.9M | |
End Period Cash Flow | 116.1M | 89.8M | 61.3M | 38M | 66.7M | 50.8M | |
Investments | (621.8M) | (337.3M) | (893.5M) | (289.7M) | (378.4M) | (359.5M) | |
Net Borrowings | (59.4M) | (114.0M) | 318.4M | (441.3M) | (397.1M) | (377.3M) | |
Change To Netincome | 595.2M | 970.7M | 192.6M | (12.3M) | (14.1M) | (13.4M) |
Enerplus Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Enerplus or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Enerplus' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Enerplus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.51 | |
β | Beta against NYSE Composite | 0.92 | |
σ | Overall volatility | 1.95 | |
Ir | Information ratio | 0.27 |
Enerplus Volatility Alert
Enerplus has relatively low volatility with skewness of 2.16 and kurtosis of 8.77. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Enerplus' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Enerplus' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Enerplus Fundamentals Vs Peers
Comparing Enerplus' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enerplus' direct or indirect competition across all of the common fundamentals between Enerplus and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enerplus or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enerplus' fundamental indicators could also be used in its relative valuation, which is a method of valuing Enerplus by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Enerplus to competition |
Fundamentals | Enerplus | Peer Average |
Return On Equity | 0.4 | -0.31 |
Return On Asset | 0.18 | -0.14 |
Profit Margin | 0.30 % | (1.27) % |
Operating Margin | 0.34 % | (5.51) % |
Current Valuation | 4.26 B | 16.62 B |
Shares Outstanding | 203.26 M | 571.82 M |
Shares Owned By Insiders | 0.29 % | 10.09 % |
Shares Owned By Institutions | 62.31 % | 39.21 % |
Number Of Shares Shorted | 2.22 M | 4.71 M |
Price To Earning | 5.92 X | 28.72 X |
Price To Book | 3.42 X | 9.51 X |
Price To Sales | 2.77 X | 11.42 X |
Revenue | 1.69 B | 9.43 B |
Gross Profit | 1.67 B | 27.38 B |
EBITDA | 962.58 M | 3.9 B |
Net Income | 456.08 M | 570.98 M |
Cash And Equivalents | 38 M | 2.7 B |
Cash Per Share | 0.19 X | 5.01 X |
Total Debt | 212.45 M | 5.32 B |
Debt To Equity | 0.49 % | 48.70 % |
Current Ratio | 0.65 X | 2.16 X |
Book Value Per Share | 6.07 X | 1.93 K |
Cash Flow From Operations | 938.19 M | 971.22 M |
Short Ratio | 0.89 X | 4.00 X |
Earnings Per Share | 2.09 X | 3.12 X |
Price To Earnings To Growth | 0.10 X | 4.89 X |
Target Price | 21.17 | |
Number Of Employees | 404 | 18.84 K |
Beta | 2.65 | -0.15 |
Market Capitalization | 4.14 B | 19.03 B |
Total Asset | 2.07 B | 29.47 B |
Retained Earnings | (1.21 B) | 9.33 B |
Working Capital | (95.07 M) | 1.48 B |
Enerplus Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Enerplus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Enerplus Buy or Sell Advice
When is the right time to buy or sell Enerplus? Buying financial instruments such as Enerplus Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 730.7M | 282.4M | 212.4M | 201.8M | Total Assets | 2.0B | 1.9B | 2.1B | 2.8B |
Use Investing Ideas to Build Portfolios
In addition to having Enerplus in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recreation Theme or any other thematic opportunities.
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Check out Enerplus Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Enerplus Stock please use our How to Invest in Enerplus guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Enerplus Stock analysis
When running Enerplus' price analysis, check to measure Enerplus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enerplus is operating at the current time. Most of Enerplus' value examination focuses on studying past and present price action to predict the probability of Enerplus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enerplus' price. Additionally, you may evaluate how the addition of Enerplus to your portfolios can decrease your overall portfolio volatility.
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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.