Canadian Natural Resources Limited [NYSE: CNQ] gained by 2.10% on the last trading session, reaching $28.62 price per share at the time. Canadian Natural Resources Limited represents 1.20B in outstanding shares, while the company has a total market value of $33.62B with the latest information.
The Canadian Natural Resources Limited traded at the price of $28.62 with 1.41 million shares were bought and sold during the latest trading session. Over the period of the last 3 months, the average trading volume of CNQ shares recorded 2.48M.
Canadian Natural Resources Limited [NYSE:CNQ]: Analyst Rating and Earnings
Its stock price has been found in the range of 21.85 to 31.77. This is compared to its latest closing price of $28.03.
Keep your eyes peeled for this company’s upcoming financial results publication, which is slated for Thu 5 Mar (In 90 Days).
Fundamental Analysis of Canadian Natural Resources Limited [CNQ]
Now let’s turn to look at profitability: with a current Operating Margin for Canadian Natural Resources Limited [CNQ] sitting at +23.06 and its Gross Margin at +23.91, this company’s Net Margin is now 19.60%. These measurements indicate that Canadian Natural Resources Limited [CNQ] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 9.09, and its Return on Invested Capital has reached 7.40%. Its Return on Equity is 8.14, and its Return on Assets is 3.47. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates CNQ financial performance.
Turning to investigate this organization’s capital structure, Canadian Natural Resources Limited [CNQ] has generated a Total Debt to Total Equity ratio of 64.50. Similarly, its Total Debt to Total Capital is 39.21, while its Total Debt to Total Assets stands at 28.00. Looking toward the
What about valuation? This company’s Enterprise Value to EBITDA is 6.27 and its Total Debt to EBITDA Value is 2.02. The Enterprise Value to Sales for this firm is now 3.09, and its Total Debt to Enterprise Value stands at 0.34. Canadian Natural Resources Limited [CNQ] has a Price to Book Ratio of 1.24, a Price to Cash Flow Ratio of 3.98 and P/E Ratio of 11.27. These metrics all suggest that Canadian Natural Resources Limited is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Canadian Natural Resources Limited [CNQ] earns $2,165,723 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 10.88 and its Total Asset Turnover is 0.28. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.43 and its Current Ratio is 0.63. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Canadian Natural Resources Limited [CNQ] has 1.20B shares outstanding, amounting to a total market cap of $33.62B. Its stock price has been found in the range of 21.85 to 31.77. At its current price, it has moved down by -9.92% from its 52-week high, and it has moved up 30.98% from its 52-week low.
This stock’s Beta value is currently 1.24, which indicates that it is 2.37% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 62.25. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Canadian Natural Resources Limited [CNQ] a Reliable Buy?
Shares of Canadian Natural Resources Limited [CNQ], 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.