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NASDAQ: ERES
East Resources Acquisition Co Stock

$10.28+0.02 (+0.19%)
Updated Mar 29, 2023
ERES Price
$10.28
Fair Value Price
$10.38
Market Cap
$188.58M
52 Week Low
$9.90
52 Week High
$10.65
P/E
-342.67x
P/B
-6.86x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$3.36M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.08
Operating Cash Flow
-$2M
Beta
0.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ERES Overview

East Resources Acquisition Company is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations. It targets opportunities in the North American energy sector. East Resources Acquisition was incorporated in 2020 and is headquartered in Boca Raton, FL.

Zen Score

Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ERES scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ERES ($10.28) is undervalued by 1% relative to our estimate of its Fair Value price of $10.38 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
ERES ($10.28) is not significantly undervalued (1%) relative to our estimate of its Fair Value price of $10.38 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ERES is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ERES News

Valuation

ERES fair value

Fair Value of ERES stock based on Discounted Cash Flow (DCF)
Price
$10.28
Fair Value
$10.38
Undervalued by
1.00%
ERES ($10.28) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ERES ($10.28) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ERES is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ERES price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-342.67x
Industry
22.38x
Market
21.81x

ERES price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-6.86x
Industry
-37.22x

ERES's financial health

Profit margin

Revenue
$0.0
Net Income
-$6.3M
Profit Margin
0%
ERES's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$100.2M
Liabilities
$29.7M
Debt to equity
-1.08
ERES's short-term liabilities ($12.93M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ERES's long-term liabilities ($16.74M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ERES's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ERES's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.3M
Investing
$247.1M
Financing
$0.0
ERES's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ERES vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
ERES$188.58M+0.19%-342.67x-6.86x
APMI$189.56M+0.10%24.07x-28.19x
LFAC$186.58M0.00%175.00x-21.65x
GLTA$186.52M0.00%-64.88x-42.36x
JWAC$190.65M-0.32%210.02x-34.01x

East Resources Acquisition Co Stock FAQ

What is East Resources Acquisition Co's quote symbol?

NASDAQ: ERES) East Resources Acquisition Co trades on the NASDAQ under the ticker symbol ERES. East Resources Acquisition Co stock quotes can also be displayed as NASDAQ: ERES.

If you're new to stock investing, here's how to buy East Resources Acquisition Co stock.

What is the 52 week high and low for East Resources Acquisition Co (NASDAQ: ERES)?

(NASDAQ: ERES) East Resources Acquisition Co's 52-week high was $10.65, and its 52-week low was $9.90. It is currently -3.47% from its 52-week high and 3.84% from its 52-week low.

How much is East Resources Acquisition Co stock worth today?

(NASDAQ: ERES) East Resources Acquisition Co currently has 18,343,972 outstanding shares. With East Resources Acquisition Co stock trading at $10.28 per share, the total value of East Resources Acquisition Co stock (market capitalization) is $188.58M.

East Resources Acquisition Co stock was originally listed at a price of $10.18 in Jul 27, 2020. If you had invested in East Resources Acquisition Co stock at $10.18, your return over the last 2 years would have been 0.98%, for an annualized return of 0.49% (not including any dividends or dividend reinvestments).

How much is East Resources Acquisition Co's stock price per share?

(NASDAQ: ERES) East Resources Acquisition Co stock price per share is $10.28 today (as of Mar 29, 2023).

What is East Resources Acquisition Co's Market Cap?

(NASDAQ: ERES) East Resources Acquisition Co's market cap is $188.58M, as of Mar 31, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

East Resources Acquisition Co's market cap is calculated by multiplying ERES's current stock price of $10.28 by ERES's total outstanding shares of 18,343,972.
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