Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, CNX Resources Corp (NYSE: CNX) closed at $30.00 down -3.97% from its previous closing price of $31.24. In other words, the price has decreased by -$3.97 from its previous closing price. On the day, 6.26 million shares were traded. CNX stock price reached its highest trading level at $30.9088 during the session, while it also had its lowest trading level at $29.49.
Ratios:
For a deeper understanding of CNX Resources Corp’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 3418.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.05. 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, Morgan Stanley on January 10, 2025, initiated with a Underweight rating and assigned the stock a target price of $29.
On December 16, 2024, Mizuho Downgraded its rating to Underperform which previously was Neutral and also upped its target price recommendation from $33 to $38.
JP Morgan Downgraded its Neutral to Underweight on December 05, 2024, whereas the target price for the stock was revised from $31 to $37.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 4478130176 and an Enterprise Value of 6881090048. As of this moment, CNX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.44, and their Forward P/E ratio for the next fiscal year is 15.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.17 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 5.025 whereas that against EBITDA is 5.183.
Stock Price History:
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 -18.96%, while the 200-Day Moving Average is calculated to be 2.01%.
Shares Statistics:
For the past three months, CNX has traded an average of 2.64M shares per day and 4535610 over the past ten days. A total of 149.26M shares are outstanding, with a floating share count of 141.68M. Insiders hold about 4.76% of the company’s shares, while institutions hold 107.44% stake in the company. Shares short for CNX as of 1734048000 were 28128821 with a Short Ratio of 10.27, compared to 1731628800 on 28551015. Therefore, it implies a Short% of Shares Outstanding of 28128821 and a Short% of Float of 25.900000000000002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.12.
