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NYSE: ESTE

How to Buy Earthstone Energy Stock

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Earthstone Energy Inc

Earthstone Energy is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker ESTE on the NYSE exchange.

Earthstone Energy stock last closed at $13.57, down 6.35% from the previous day, and has increased 32% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.25 percentage points. Earthstone Energy stock is currently +44.21% from its 52-week low of $9.41, and -39.01% from its 52-week high of $22.25.

There are currently 139.68M shares of ESTE outstanding. The market cap of ESTE is $1.90B. In the last 24 hours, 1.56M ESTE shares were traded.

How to Buy Earthstone Energy Stock

Not sure how to invest in Earthstone Energy stock? Here's how.
  1. Decide where to buy Earthstone Energy stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Earthstone Energy stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected. It's the best place to buy ESTE stock.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your information.
  4. Analyze Earthstone Energy stock: The Earthstone Energy ticker symbol is ESTE. Is Earthstone Energy stock a good investment? Should you buy shares of ESTE? How do ESTE's underlying business fundamentals look? Do top analysts think Earthstone Energy is a good buy? Why has ESTE's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if ESTE is a good stock to buy).
  5. Make your ESTE buy order: Decide if you will purchase ESTE shares at the current market price or use a limit order to purchase ESTE shares at a particular price.
  6. Get notifications regarding your ESTE position: Create a watchlist to important updates regarding your position in Earthstone Energy shares.

Step 1: Decide where to buy Earthstone Energy stock

You will need an online brokerage account to access the NYSE market and buy ESTE stock.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal information so you can invest in ESTE today.

How to Set Up a New Account on eToro

  1. Click here to get started.
  2. Provide your personal data to start your new brokerage account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Check out this video walkthrough to see the process of depositing money into your investment account.

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Step 4: Analyze Earthstone Energy stock

It's absolutely critical to evaluate stocks prior to buying, so you actually wrap your head around the risk as well as the upside.

Earthstone Energy Metrics

ESTE Price
$13.57
1w %
-12.73%
1y %
32%
5y %
48.96%
P/E
3.25x
P/B
1.23x
P/S
1.06x
PEG
0.18x
Revenue
$1.34B
Earnings
$362.63M
Fore. Rev. Growth
7.14%
Fore. Earn. Growth
22.54%
Market Cap
$1.90B
Next Earnings
N/A
Next Dividend
N/A

ESTE Fundamentals

WallStreetZen was built to help everyday investors do more accurate fundamental analysis.

You can see all of the due diligence checks on ESTE's stock page.

Is ESTE stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge ESTE's fair value.

Using relative valuations ratios:

  • ESTE may be undervalued based on its P/E ratio of 3.25x, relative to Oil & Gas E&P industry P/E ratio of 7.92x
  • ESTE could be undervalued based on its P/B ratio of 1.23x, relative to Oil & Gas E&P industry P/B ratio of 2.34x
  • ESTE could be undervalued based on its PEG ratio of 0.18x

You can do more valuation research on ESTE's stock here.

ESTE Financial Health Overview

Pros:

  • ESTE profit margin has gone up from -4.1% to 27% in the past year.

Cons:

  • Total ESTE debt is higher than 5 years ago, relative to shareholder equity.
  • ESTE has $14.95M in cash and short term investments. This is not enough to cover its annual cash burn of $1.15B.
  • There are more long-term liabilities than short-term assets on the ESTE balance sheet.
  • ESTE has a relatively high debt to equity ratio of 1.11.
  • There are more short-term liabilities than short-term assets on the ESTE balance sheet.
  • ESTE has cash burn of 1152993000. It does not have sufficient cash and short-term investments to cover this.

Is it a good time to buy Earthstone Energy stock?

Out of 4 Wall Street analysts who track ESTE, the consensus analyst rating on Earthstone Energy is a Hold

Should I buy or sell ESTE stock?

Based on 4 analysts offering ratings for Earthstone Energy Inc.
Hold
Strong Buy
1 analysts 25%
Buy
0 analysts 0%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

Most Recent ESTE Analyst Forecasts

Joseph McKay, a top 13% analyst from Wells Fargo maintains ESTE with a strong sell rating and raises their ESTE price target from $17.00 to $19.00, on Jul 11, 2022.

Scott Hanold, a top 3% analyst from RBC Capital downgrades ESTE to a hold rating, on Jul 6, 2022.

Neal Dingmann, a top 1% analyst from Truist Securities maintains ESTE with a strong buy rating and raises their ESTE price target from $30.00 to $35.00, on Jun 29, 2022.

Cameron Lochridge, a top 48% analyst from Stephens & Co. initiates coverage on ESTE with a hold rating and announces their ESTE price target of $15.00, on Apr 14, 2022.

You can dive deeper into what analysts are saying on the Earthstone Energy stock forecast page.

ESTE Technical Indicators

SMA10
15.32
SMA20
15.83
SMA50
15.08
SMA100
14.57
SMA200
14.58
MACD
-0.22
MACD Signal
0.08
MACD Histogram
-0.3
RSI
35.58
Stochastic %K
12.1
Stochastic %D
23.11
StochRSI %K
2.84
StochRSI %D
7.78

How are ESTE Revenues/Earnings doing?

Last year, ESTE earnings were $362.63M. In the last four year, ESTE's earnings have grown by 85.79% per year. This was slower than the Oil & Gas E&P industry average of 111.39%.

Last year, ESTE revenue was $1.34B. During the last 5 year, ESTE's revenue has gone up by 72.68% per year. This was faster than the Oil & Gas E&P industry average of 27.2%.

Find out more about ESTE's earnings and revenue performance here.

Are ESTE insiders buying or selling the stock?

Over the past year, insiders at ESTE have sold more shares than they have bought.

Tony Oviedo, EVP PAO of ESTE, was the latest ESTE insider to sell. They sold $820,500.00 worth of ESTE stock on Nov 11, 2022.

Research more about who owns ESTE stock here.

Does ESTE provide a stable income stream?

No, Earthstone Energy doesn't provide an income stream by paying out dividends.

What others are saying about ESTE

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your ESTE buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.

Press the Open button and eToro will execute your order.

If you require additional assistance investing in stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your ESTE position

Now that you own some ESTE stock, you'll want to stay up-to-date on your investment.

Create a watchlist to keep tabs on your ESTE stock.

ESTE Feed

How to Buy Stock in Earthstone Energy

To summarize, here are the 6 steps for buying Earthstone Energy stock:

  1. Decide where to buy Earthstone Energy stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Earthstone Energy stock
  5. Make your ESTE buy order
  6. Get notifications regarding your ESTE position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today

If you would like to keep track of your new investment in Earthstone Energy, click below.

NYSE: ESTE
$13.57-0.92 (-6.35%)
Updated Dec 6, 2022
Open eToro Account
NYSE: ESTE
$13.57-0.92 (-6.35%)
Updated Dec 6, 2022
Open eToro Account

FAQ

How much does it cost to buy one Earthstone Energy share?

As of Dec 6, 2022, it costs $13.57 to buy one share of Earthstone Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.442 shares of ESTE.

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Is now a good time to buy Earthstone Energy stock?

According to 4 Wall Street analysts who monitor Earthstone Energy, their consensus recommendation is to hold Earthstone Energy stock.

What is the best way to buy Earthstone Energy stock?

The best way to buy Earthstone Energy stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.