Analytical Overview: Canadian Natural Resources Ltd. (CNQ)’s Ratios Tell a Financial Story

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As of close of business last night, Canadian Natural Resources Ltd.’s stock clocked out at $76.52, down -1.30% from its previous closing price of $77.53. In other words, the price has decreased by -$1.30 from its previous closing price. On the day, 1.75 million shares were traded. CNQ stock price reached its highest trading level at $78.4 during the session, while it also had its lowest trading level at $76.48.

Ratios:

To gain a deeper understanding of CNQ’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 81.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.27.

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 81731002368 and an Enterprise Value of 92881928192. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.24, and their Forward P/E ratio for the next fiscal year is 11.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11 while its Price-to-Book (P/B) ratio in mrq is 2.80. Its current Enterprise Value per Revenue stands at 2.61 whereas that against EBITDA is 5.852.

Stock Price History:

The Beta on a monthly basis for CNQ is 1.53, which has changed by 0.3521824 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, CNQ has reached a high of $82.58, while it has fallen to a 52-week low of $52.66. The 50-Day Moving Average of the stock is 0.84%, while the 200-Day Moving Average is calculated to be 14.59%.

Shares Statistics:

It appears that CNQ traded 3.22M shares on average per day over the past three months and 2282030 shares per day over the past ten days. A total of 1.07B shares are outstanding, with a floating share count of 1.05B. Insiders hold about 2.26% of the company’s shares, while institutions hold 76.69% stake in the company. Shares short for CNQ as of 1714435200 were 23626273 with a Short Ratio of 7.33, compared to 1711584000 on 47202483.

Dividends & Splits

With its trailing 12-month dividend rate of 3.85, CNQ has a forward annual dividend rate of 2.86. Against a Trailing Annual Dividend Yield of 0.049658198The stock’s 5-year Average Dividend Yield is 4.43. The current Payout Ratio is 49.05% for CNQ, which recently paid a dividend on 2024-03-14 with an ex-dividend date of 1718582400. Stock splits for the company last occurred on 2022-08-22 when the company split stock in a 1021:1000 ratio.

Earnings Estimates

The current rating of Canadian Natural Resources Ltd. (CNQ) reflects the combined expertise of 4.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $1.22 for the current quarter, with a high estimate of $1.26 and a low estimate of $1.13, while EPS last year was $0.84. The consensus estimate for the next quarter is $1.66, with high estimates of $1.7 and low estimates of $1.61.

Analysts are recommending an EPS of between $5.8 and $4.96 for the fiscal current year, implying an average EPS of $5.54. EPS for the following year is $6.82, with 6.0 analysts recommending between $8.24 and $6.0.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $6.18B. It ranges from a high estimate of $6.18B to a low estimate of $6.18B. As of the current estimate, Canadian Natural Resources Ltd.’s year-ago sales were $5.37BFor the next quarter, 1 analysts are estimating revenue of $6.77B. There is a high estimate of $6.77B for the next quarter, whereas the lowest estimate is $6.77B.

A total of 4 analysts have provided revenue estimates for CNQ’s current fiscal year. The highest revenue estimate was $32.35B, while the lowest revenue estimate was $22.69B, resulting in an average revenue estimate of $26.68B. In the same quarter a year ago, actual revenue was $26.29BBased on 4 analysts’ estimates, the company’s revenue will be $29.35B in the next fiscal year. The high estimate is $35.84B and the low estimate is $22.81B.

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