The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Coterra Energy Inc’s stock clocked out at $26.91, down -1.64% from its previous closing price of $27.36. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 5.86 million shares were traded. CTRA stock price reached its highest trading level at $27.29 during the session, while it also had its lowest trading level at $26.655.
Ratios:
To gain a deeper understanding of CTRA’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 20.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.14.
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, Barclays on April 10, 2024, initiated with a Overweight rating and assigned the stock a target price of $36.
On January 05, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $31.
Wells Fargo Upgraded its Equal Weight to Overweight on December 14, 2023, whereas the target price for the stock was revised from $59 to $30.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 20 ’24 when Roemer Todd M sold 55,000 shares for $27.06 per share. The transaction valued at 1,488,300 led to the insider holds 176,758 shares of the business.
DeShazer Michael D. sold 14,000 shares of CTRA for $364,840 on Mar 01 ’24. The VP – Business Units now owns 93,988 shares after completing the transaction at $26.06 per share. On Sep 27 ’23, another insider, DINGES DAN O, who serves as the Director of the company, sold 68,275 shares for $27.22 each. As a result, the insider received 1,858,446 and left with 3,152,392 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, CTRA now has a Market Capitalization of 20217212928 and an Enterprise Value of 21810214912. As of this moment, Coterra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.65, and their Forward P/E ratio for the next fiscal year is 9.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.60 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 3.837 whereas that against EBITDA is 5.747.
Stock Price History:
Over the past 52 weeks, CTRA has reached a high of $29.89, while it has fallen to a 52-week low of $22.91. The 50-Day Moving Average of the stock is -0.92%, while the 200-Day Moving Average is calculated to be 0.55%.
Shares Statistics:
It appears that CTRA traded 6.74M shares on average per day over the past three months and 5238340 shares per day over the past ten days. A total of 751.00M shares are outstanding, with a floating share count of 737.92M. Insiders hold about 1.78% of the company’s shares, while institutions hold 89.22% stake in the company. Shares short for CTRA as of 1713139200 were 17966963 with a Short Ratio of 2.66, compared to 1710460800 on 16054063. Therefore, it implies a Short% of Shares Outstanding of 17966963 and a Short% of Float of 2.75.
Dividends & Splits
With its trailing 12-month dividend rate of 1.17, CTRA has a forward annual dividend rate of 0.81. Against a Trailing Annual Dividend Yield of 0.042763155The stock’s 5-year Average Dividend Yield is 4.11.
Earnings Estimates
As of right now, 24.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.48 and a low estimate of $0.29, while EPS last year was $0.87. The consensus estimate for the next quarter is $0.37, with high estimates of $0.45 and low estimates of $0.23.
Analysts are recommending an EPS of between $2.2 and $1.38 for the fiscal current year, implying an average EPS of $1.84. EPS for the following year is $2.87, with 24.0 analysts recommending between $3.76 and $2.36.
Revenue Estimates
In the current quarter, 17 analysts expect revenue to total $1.39B. It ranges from a high estimate of $1.47B to a low estimate of $1.3B. As of the current estimate, Coterra Energy Inc’s year-ago sales were $1.78BFor the next quarter, 17 analysts are estimating revenue of $1.34B. There is a high estimate of $1.43B for the next quarter, whereas the lowest estimate is $1.26B.
A total of 19 analysts have provided revenue estimates for CTRA’s current fiscal year. The highest revenue estimate was $5.93B, while the lowest revenue estimate was $5.47B, resulting in an average revenue estimate of $5.68B. In the same quarter a year ago, actual revenue was $5.91BBased on 18 analysts’ estimates, the company’s revenue will be $6.76B in the next fiscal year. The high estimate is $7.67B and the low estimate is $6.23B.
