Enel Chile S.A. (NYSE:ENIC - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $4.52 and last traded at $4.5450, with a volume of 19282 shares changing hands. The stock had previously closed at $4.45.
Wall Street Analyst Weigh In
ENIC has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Enel Chile in a report on Wednesday, January 21st. Zacks Research raised Enel Chile to a "hold" rating in a report on Monday, December 15th. Wall Street Zen raised Enel Chile from a "hold" rating to a "buy" rating in a report on Sunday, March 15th. Finally, Santander lowered Enel Chile to a "neutral" rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Enel Chile currently has an average rating of "Hold" and an average target price of $4.30.
View Our Latest Stock Report on ENIC
Enel Chile Trading Up 2.4%
The company has a 50 day moving average price of $4.11 and a 200 day moving average price of $4.02. The firm has a market cap of $6.30 billion, a PE ratio of 11.41 and a beta of 0.97.
Enel Chile (NYSE:ENIC - Get Free Report) last announced its quarterly earnings results on Saturday, February 14th. The utilities provider reported $0.14 EPS for the quarter. The business had revenue of $1.18 billion for the quarter. Enel Chile had a return on equity of 9.81% and a net margin of 11.53%. As a group, equities research analysts anticipate that Enel Chile S.A. will post 0.45 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Enel Chile
Several institutional investors have recently modified their holdings of ENIC. Royal Bank of Canada boosted its stake in shares of Enel Chile by 4.6% during the 1st quarter. Royal Bank of Canada now owns 438,287 shares of the utilities provider's stock worth $1,433,000 after acquiring an additional 19,092 shares in the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of Enel Chile by 97.9% during the 1st quarter. Cubist Systematic Strategies LLC now owns 61,591 shares of the utilities provider's stock worth $201,000 after acquiring an additional 30,465 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in Enel Chile in the 1st quarter valued at approximately $289,000. Jane Street Group LLC purchased a new stake in Enel Chile in the 1st quarter valued at approximately $131,000. Finally, Focus Partners Wealth lifted its stake in Enel Chile by 154.2% in the 1st quarter. Focus Partners Wealth now owns 36,979 shares of the utilities provider's stock valued at $121,000 after buying an additional 22,434 shares in the last quarter. Hedge funds and other institutional investors own 3.20% of the company's stock.
Enel Chile Company Profile
(
Get Free Report)
Enel Chile SA, traded as ENIC on the NYSE, is one of Chile's leading integrated electric utilities, with core businesses spanning electricity generation, transmission and distribution. The company serves a diverse customer base that includes residential, commercial and industrial users, striving to deliver reliable power across both urban and rural regions.
In its generation segment, Enel Chile operates a balanced portfolio of assets, including hydroelectric plants, thermal power stations and an expanding suite of renewable energy facilities such as wind and solar farms.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Enel Chile, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enel Chile wasn't on the list.
While Enel Chile currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply click the link below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
