With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. During the session, the Utilities – Regulated Electric company that operates in wider Utilities sector, reached to the highest price of $2.855 whereas the lowest price it dropped to was $2.8. The 52-week range on ENIC shows that it touched its highest point at $3.53 and its lowest point at $2.51 during that stretch. It currently has a 1-year price target of $3.81. Beta for the stock currently stands at 1.17.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ENIC was up-trending over the past week, with a rise of 3.65%, but this was up by 4.41% over a month. Three-month performance surged to 4.03% while six-month performance fell -8.09%. The stock lost -7.79% in the past year, while it has lost -12.35% so far this year. A look at the trailing 12-month EPS for ENIC yields 0.61 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.30. This implies an EPS growth rate of 9.87% for this year and -24.50% for next year.
Float and Shares Shorts:
At present, 1.38 billion ENIC shares are outstanding with a float of 1.38 billion shares on hand for trading. On 2024-10-15, short shares totaled 0.93 million, which was 6.999999999999999 higher than short shares on 1726185600. In addition to Mr. Giuseppe Turchiarelli as the firm’s Chief Executive Officer, Mr. Simone Conticelli serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.03682 of ENIC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ENIC reported revenue of $1255254000000.0 and operating income of $302523000000.0. The EBITDA in the recently reported quarter was $395247000000.0 and diluted EPS was $121.0.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With ENIC analysts setting a high price target of 4145.06 and a low target of 3173.71, the average target price over the next 12 months is 3694.97. Based on these targets, ENIC could surge 145852.82% to reach the target high and rise by 111650.35% to reach the target low. Reaching the average price target will result in a growth of 130004.58% from current levels.
Analysts have provided yearly estimates in a range of $509.61537 being high and $425.83233 being low. For ENIC, this leads to a yearly average estimate of $467.72385. The surprise factor in the prior quarter was $28.37. Based on analyst estimates, the high estimate for the next quarter is $56.81 and the low estimate is $56.81. The average estimate for the next quarter is thus $56.81.
