EPS for Farmer Brothers Co. (FARM) Expected At $0.15; Enerplus Resources Fund New (ERF) Shorts Up By 2.17%

August 31, 2017 - By marketbeat

Enerplus Resources Fund New (NYSE:ERF) had an increase of 2.17% in short interest. ERF’s SI was 3.84M shares in August as released by FINRA. Its up 2.17% from 3.75 million shares previously. With 1.10 million avg volume, 4 days are for Enerplus Resources Fund New (NYSE:ERF)’s short sellers to cover ERF’s short positions. The SI to Enerplus Resources Fund New’s float is 1.67%. The stock decreased 1.96% or $0.17 during the last trading session, reaching $8.52. About shares traded. Enerplus Corp (USA) (NYSE:ERF) has risen 69.92% since August 31, 2016 and is uptrending. It has outperformed by 53.22% the S&P500.

Analysts expect Farmer Brothers Co. (NASDAQ:FARM) to report $0.15 EPS on September, 11.They anticipate $0.08 EPS change or 34.78% from last quarter’s $0.23 EPS. FARM’s profit would be $2.53M giving it 52.58 P/E if the $0.15 EPS is correct. After having $0.17 EPS previously, Farmer Brothers Co.’s analysts see -11.76% EPS growth. The stock increased 0.96% or $0.3 during the last trading session, reaching $31.55. About shares traded. Farmer Brothers Co. (NASDAQ:FARM) has risen 11.98% since August 31, 2016 and is uptrending. It has underperformed by 4.72% the S&P500.

Among 6 analysts covering Enerplus Corp (NYSE:ERF), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enerplus Corp had 14 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, December 18 by Raymond James. The stock of Enerplus Corp (USA) (NYSE:ERF) earned “Outperform” rating by Raymond James on Monday, June 6. Canaccord Genuity initiated the stock with “Buy” rating in Wednesday, August 17 report. The stock of Enerplus Corp (USA) (NYSE:ERF) earned “Neutral” rating by Macquarie Research on Friday, January 8. The rating was maintained by RBC Capital Markets on Monday, November 9 with “Outperform”. The firm earned “Market Perform” rating on Monday, August 10 by FirstEnergy Capital. The rating was upgraded by UBS on Monday, November 9 to “Buy”. On Friday, February 10 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The rating was upgraded by Macquarie Research to “Outperform” on Monday, June 6.

Enerplus Corporation is an oil and natural gas company. The company has market cap of $2.07 billion. The Company’s oil and natural gas property interests are located in the United States, primarily in North Dakota, Montana, and Pennsylvania, as well as in western Canada in the provinces of Alberta, British Columbia and Saskatchewan. It has a 2.92 P/E ratio. The Company’s oil and natural gas property interests contains proved plus probable gross reserves of approximately 14.3 million barrels of light and medium crude oil, 39.0 MMbbls of heavy crude oil, 123 MMbbls of tight oil, 18.1 MMbbls of natural gas liquids (NGLs), 126.3 billion cubic feet (Bcf) of conventional natural gas and 1,002.8 Bcf of shale gas, for a total of approximately 382.5 million barrels of oil equivalent (MMBOE).

Farmer Bros. Co. is a national coffee roaster, wholesaler and distributor of coffee, tea and culinary products. The company has market cap of $531.45 million. The Firm offers private brand and consumer-branded coffee products to small independent restaurants and foodservice operators, and institutional buyers. It has a 4.9 P/E ratio. The Company’s product line includes organic, Direct Trade, Direct Trade Verified Sustainable coffees and other coffees, iced and hot teas, cappuccino, spices, and baking/biscuit mixes.