Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Cenovus Energy Inc (NYSE: CVE) closed at $12.24 down -3.70% from its previous closing price of $12.71. In other words, the price has decreased by -$3.70 from its previous closing price. On the day, 19.46 million shares were traded.
Ratios:
For a deeper understanding of Cenovus Energy Inc’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 10.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.33.
Valuation Measures:
As of this moment, Cenovus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.16, and their Forward P/E ratio for the next fiscal year is 6.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.09.
Stock Price History:
Over the past 52 weeks, CVE has reached a high of $21.79, while it has fallen to a 52-week low of $12.57. The 50-Day Moving Average of the stock is -17.21%, while the 200-Day Moving Average is calculated to be -28.62%.
Shares Statistics:
A total of 1.82B shares are outstanding, with a floating share count of 1.27B. Insiders hold about 30.27% of the company’s shares, while institutions hold 50.89% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from 1.0 analysts. The consensus estimate for the next quarter is $0.26, with high estimates of $0.26 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.06 and $0.82 for the fiscal current year, implying an average EPS of $0.94. EPS for the following year is $1.89, with 4.0 analysts recommending between $2.63 and $1.39.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $11.75B this quarter.It ranges from a high estimate of $11.75B to a low estimate of $11.75B. As of the current estimate, Cenovus Energy Inc’s year-ago sales were $16.43BFor the next quarter, 1 analysts are estimating revenue of $11.23B. There is a high estimate of $11.23B for the next quarter, whereas the lowest estimate is $11.23B.
A total of 2 analysts have provided revenue estimates for CVE’s current fiscal year. The highest revenue estimate was $48.49B, while the lowest revenue estimate was $47.54B, resulting in an average revenue estimate of $48.02B. In the same quarter a year ago, actual revenue was $54.28BBased on 4 analysts’ estimates, the company’s revenue will be $53.59B in the next fiscal year. The high estimate is $57.15B and the low estimate is $48.82B.
