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CNX Resources Corp (NYSE: CNX) closed the day trading at $27.79 down -1.77% from the previous closing price of $28.29. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 2.88 million shares were traded. CNX stock price reached its highest trading level at $28.48 during the session, while it also had its lowest trading level at $27.61.
Ratios:
For a better understanding of CNX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3166.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.36 and its Current Ratio is at 0.37. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 15, 2025, initiated with a Hold rating and assigned the stock a target price of $27.
On January 10, 2025, Morgan Stanley started tracking the stock assigning a Underweight rating and target price of $29.
Mizuho Downgraded its Neutral to Underperform on December 16, 2024, whereas the target price for the stock was revised from $33 to $38.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 06 ’25 when MFN Partners, LP sold 1,075,000 shares for $31.09 per share. The transaction valued at 33,421,750 led to the insider holds 13,925,000 shares of the business.
LANIGAN BERNARD JR bought 75,000 shares of CNX for $2,010,750 on Sep 09 ’24. The Director now owns 401,820 shares after completing the transaction at $26.81 per share. On Aug 20 ’24, another insider, LANIGAN BERNARD JR, who serves as the Director of the company, bought 75,000 shares for $26.74 each. As a result, the insider paid 2,005,500 and bolstered with 326,820 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNX now has a Market Capitalization of 4148241408 and an Enterprise Value of 6551200768. As of this moment, CNX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.74, and their Forward P/E ratio for the next fiscal year is 12.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 4.785 whereas that against EBITDA is 4.934.
Stock Price History:
The Beta on a monthly basis for CNX is 1.39, which has changed by 0.37574255 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, CNX has reached a high of $41.93, while it has fallen to a 52-week low of $19.07. The 50-Day Moving Average of the stock is -21.75%, while the 200-Day Moving Average is calculated to be -6.47%.
Shares Statistics:
Over the past 3-months, CNX traded about 2.77M shares per day on average, while over the past 10 days, CNX traded about 3186870 shares per day. A total of 149.26M shares are outstanding, with a floating share count of 141.68M. Insiders hold about 5.09% of the company’s shares, while institutions hold 106.86% stake in the company. Shares short for CNX as of 1736899200 were 27211881 with a Short Ratio of 9.83, compared to 1734048000 on 28128821. Therefore, it implies a Short% of Shares Outstanding of 27211881 and a Short% of Float of 25.059998.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12. The current Payout Ratio is 0.00% for CNX, which recently paid a dividend on 2016-02-11 with an ex-dividend date of 1485993600. Stock splits for the company last occurred on 2017-11-29 when the company split stock in a 6:5 ratio.
