CNX Resources Corporation [NYSE: CNX] shares went higher by 1.08% from its previous closing of $8.35, now trading at the price of $8.44, also adding 0.09 points. Is CNX stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 639701 contracts. Compared to the average trading volume of CNX shares, the company saw a far better performance. Moreover, the stock has a 183.28M float and a -5.93% run over in the last seven days. CNX share price has been hovering between $15.64 and $6.14 lately, and is definitely worthy of attention.
CNX Resources Corporation [NYSE:CNX]: Analyst Rating and Earnings
Its stock price has been found in the range of 6.14 to 15.64. This is compared to its latest closing price of $8.35.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Thu 30 Jan (In 77 Days).
Fundamental Analysis of CNX Resources Corporation [CNX]
Now let’s turn to look at profitability: with a current Operating Margin for CNX Resources Corporation [CNX] sitting at +31.42 and its Gross Margin at +42.95, this company’s Net Margin is now 17.20%. These measurements indicate that CNX Resources Corporation [CNX] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 8.11, and its Return on Invested Capital has reached 13.40%. Its Return on Equity is 19.36, and its Return on Assets is 9.80. These metrics suggest that this CNX Resources Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, CNX Resources Corporation [CNX] has generated a Total Debt to Total Equity ratio of 55.39. Similarly, its Total Debt to Total Capital is 35.65, while its Total Debt to Total Assets stands at 26.77. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 3.51, and its Long-Term Debt to Total Capital is 55.23.
What about valuation? This company’s Enterprise Value to EBITDA is 5.34 and its Total Debt to EBITDA Value is 2.30. The Enterprise Value to Sales for this firm is now 3.18, and its Total Debt to Enterprise Value stands at 0.43. CNX Resources Corporation [CNX] has a Price to Book Ratio of 0.52, a Price to Cash Flow Ratio of 2.74 and P/E Ratio of 5.58. These metrics all suggest that CNX Resources Corporation is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, CNX Resources Corporation [CNX] earns $3,111,177 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.40 and its Total Asset Turnover is 0.22. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.94 and its Current Ratio is 0.96. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
CNX Resources Corporation [CNX] has 187.45M shares outstanding, amounting to a total market cap of $1.57B. Its stock price has been found in the range of 6.14 to 15.64. At its current price, it has moved down by -46.04% from its 52-week high, and it has moved up 37.46% from its 52-week low.
This stock’s Beta value is currently 0.66, which indicates that it is 5.17% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 51.94. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is CNX Resources Corporation [CNX] a Reliable Buy?
Shares of CNX Resources Corporation [CNX], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.