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Coterra Energy Inc (NYSE: CTRA) closed the day trading at $23.93 down -0.54% from the previous closing price of $24.06. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 3.81 million shares were traded. CTRA stock price reached its highest trading level at $24.29 during the session, while it also had its lowest trading level at $23.77.
Ratios:
For a better understanding of CTRA, 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 13.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.17.
Truist Upgraded its Hold to Buy on May 16, 2024, whereas the target price for the stock was revised from $27 to $35.
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 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 25 ’23, another insider, DINGES DAN O, who serves as the Director of the company, sold 400,000 shares for $26.60 each. As a result, the insider received 10,640,000 and left with 3,302,392 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 17690826752 and an Enterprise Value of 19343837184. As of this moment, Coterra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.80, and their Forward P/E ratio for the next fiscal year is 8.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 3.476 whereas that against EBITDA is 5.547.
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 $23.18. The 50-Day Moving Average of the stock is -8.02%, while the 200-Day Moving Average is calculated to be -9.27%.
Shares Statistics:
Over the past 3-months, CTRA traded about 6.09M shares per day on average, while over the past 10 days, CTRA traded about 5230550 shares per day. A total of 751.00M shares are outstanding, with a floating share count of 725.49M. Insiders hold about 1.87% of the company’s shares, while institutions hold 90.34% stake in the company. Shares short for CTRA as of 1722384000 were 12944878 with a Short Ratio of 2.13, compared to 1719532800 on 13631783. Therefore, it implies a Short% of Shares Outstanding of 12944878 and a Short% of Float of 2.02.
Dividends & Splits
CTRA’s forward annual dividend rate is 0.83, up from 0.82 a year ago. Against a Trailing Annual Dividend Yield of 0.034081463The stock’s 5-year Average Dividend Yield is 4.2.
