ERock, Inc. (NYSE:EROC – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $22.50.
Several equities analysts have recently commented on the stock. Wolfe Research initiated coverage on shares of ERock in a report on Monday, July 6th. They set an “outperform” rating and a $24.00 price target on the stock. Barclays began coverage on shares of ERock in a research note on Monday, July 6th. They issued an “overweight” rating and a $23.00 price target on the stock. Morgan Stanley increased their price objective on ERock from $21.00 to $23.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. JPMorgan Chase & Co. assumed coverage on ERock in a research report on Monday, July 6th. They set an “overweight” rating and a $24.00 price objective for the company. Finally, BNP Paribas Exane set a $22.00 price objective on ERock and gave the company an “outperform” rating in a research report on Monday, July 6th.
Get Our Latest Stock Analysis on ERock
Institutional Investors Weigh In On ERock
ERock Price Performance
Shares of EROC opened at $11.59 on Wednesday. The stock has a market capitalization of $558.29 million and a P/E ratio of -193.17. The company’s 50 day moving average is $12.62. ERock has a 52 week low of $8.88 and a 52 week high of $20.70.
ERock (NYSE:EROC – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.25. The company had revenue of $39.88 million during the quarter, compared to analysts’ expectations of $26.45 million. As a group, equities analysts predict that ERock will post -0.32 earnings per share for the current year.
About ERock
ERock Inc provide onsite power solutions. ERock Inc is based in HOUSTON.
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