Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Canadian Natural Resources Ltd (NYSE: CNQ) closed the day trading at $30.68 up 0.39% from the previous closing price of $30.56. In other words, the price has increased by $0.39 from its previous closing price. On the day, 7.54 million shares were traded. CNQ stock price reached its highest trading level at $30.93 during the session, while it also had its lowest trading level at $30.57.
Ratios:
For a better understanding of CNQ, 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 996.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.88. 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 64221831168 and an Enterprise Value of 82962710528. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.99, and their Forward P/E ratio for the next fiscal year is 12.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 2.163 whereas that against EBITDA is 4.573.
Stock Price History:
The Beta on a monthly basis for CNQ is 1.05, which has changed by -0.1864227 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, CNQ has reached a high of $38.86, while it has fallen to a 52-week low of $24.65. The 50-Day Moving Average of the stock is 4.14%, while the 200-Day Moving Average is calculated to be -4.23%.
Shares Statistics:
Over the past 3-months, CNQ traded about 7.41M shares per day on average, while over the past 10 days, CNQ traded about 6172160 shares per day. 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 74.05% stake in the company. Shares short for CNQ as of 1745971200 were 62101537 with a Short Ratio of 8.38, compared to 1743379200 on 85650674.
Dividends & Splits
CNQ’s forward annual dividend rate is 1.57, up from 2.2 a year ago. Against a Trailing Annual Dividend Yield of 0.07198953The stock’s 5-year Average Dividend Yield is 4.43. 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.
Earnings Estimates
Canadian Natural Resources Ltd (CNQ) is currently under the scrutiny of 6.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.8, with high estimates of $1.01 and low estimates of $0.55.
Analysts are recommending an EPS of between $4.6 and $2.51 for the fiscal current year, implying an average EPS of $3.54. EPS for the following year is $3.69, with 10.0 analysts recommending between $5.66 and $2.2.
Revenue Estimates
2 analysts predict $9.19B in revenue for the current quarter. It ranges from a high estimate of $9.45B to a low estimate of $8.93B. As of the current estimate, Canadian Natural Resources Ltd’s year-ago sales were $9.05BFor the next quarter, 2 analysts are estimating revenue of $9.46B. There is a high estimate of $9.48B for the next quarter, whereas the lowest estimate is $9.44B.
A total of 4 analysts have provided revenue estimates for CNQ’s current fiscal year. The highest revenue estimate was $39.42B, while the lowest revenue estimate was $35.93B, resulting in an average revenue estimate of $38.22B. In the same quarter a year ago, actual revenue was $35.66BBased on 5 analysts’ estimates, the company’s revenue will be $35.38B in the next fiscal year. The high estimate is $40.13B and the low estimate is $32.24B.
