In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Canadian Natural Resources Ltd (NYSE: CNQ) closed at $31.52 down -1.87% from its previous closing price of $32.12. In other words, the price has decreased by -$1.87% from its previous closing price. On the day, 6.32 million shares were traded. CNQ stock price reached its highest trading level at $32.175 during the session, while it also had its lowest trading level at $31.48.
Ratios:
For a deeper understanding of Canadian Natural Resources Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1021.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.42.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNQ now has a Market Capitalization of 65980186624 and an Enterprise Value of 84721057792. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.32, and their Forward P/E ratio for the next fiscal year is 12.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 2.209 whereas that against EBITDA is 4.67.
Stock Price History:
The Beta on a monthly basis for CNQ is 1.06, which has changed by -0.106575966 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, CNQ has reached a high of $37.91, while it has fallen to a 52-week low of $24.65. The 50-Day Moving Average of the stock is 3.24%, while the 200-Day Moving Average is calculated to be -0.31%.
Shares Statistics:
For the past three months, CNQ has traded an average of 6.76M shares per day and 9537750 over the past ten days. A total of 2.10B shares are outstanding, with a floating share count of 2.05B. Insiders hold about 2.28% of the company’s shares, while institutions hold 79.09% stake in the company. Shares short for CNQ as of 1748563200 were 79040558 with a Short Ratio of 11.70, compared to 1745971200 on 25059272.
Dividends & Splits
According to the company, the forward annual dividend rate for CNQ is 1.62, from 2.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06849316The stock’s 5-year Average Dividend Yield is 4.41. The current Payout Ratio is 74.42% for CNQ, which recently paid a dividend on 2024-12-13 with an ex-dividend date of 1749772800. Stock splits for the company last occurred on 2024-06-11 when the company split stock in a 2:1 ratio.
