Enduro Royalty Trust (NDRO) Announces Quarterly Results
Enduro Royalty Trust (NASDAQ:NDRO) posted its quarterly earnings results on Monday. The company reported $0.19 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.03, Stock Ratings Network.com reports.
Shares of Enduro Royalty Trust (NASDAQ:NDRO) opened at 13.71 on Monday. Enduro Royalty Trust has a 52 week low of $11.34 and a 52 week high of $15.92. The stock’s 50-day moving average is $13.80 and its 200-day moving average is $13.05. The company has a market cap of $452.4 million and a P/E ratio of 9.81.
On a related note, analysts at Zacks upgraded shares of Enduro Royalty Trust from an “underperform” rating to a “neutral” rating in a research note on Monday, August 4th. They now have a $13.70 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Enduro Royalty Trust has a consensus rating of “Buy” and an average price target of $16.68.
Enduro Royalty Trust (NASDAQ:NDRO) is a statutory trust.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.