A share price of Coterra Energy Inc [CTRA] is currently trading at $25.79, down -1.30%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CTRA shares have lost -4.52% over the last week, with a monthly amount drifted -6.73%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On May 16, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $35 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $36 on April 10, 2024. BofA Securities upgraded its rating to a Buy but $31 remained the price target by the analyst firm on January 05, 2024. Wells Fargo upgraded its rating to Overweight for this stock on December 14, 2023, and downed its price target to $30. In a note dated December 14, 2023, UBS upgraded an Buy rating on this stock and revised its target price from $33 to $31.
Coterra Energy Inc experienced fluctuations in its stock price throughout the past year between $23.73 and $29.89. Currently, Wall Street analysts expect the stock to reach $29.56 within the next 12 months. Coterra Energy Inc [NYSE: CTRA] shares were valued at $25.79 at the most recent close of the market. An investor can expect a potential return of 14.62% based on the average CTRA price forecast.
Analyzing the CTRA fundamentals
Trailing Twelve Months sales for Coterra Energy Inc [NYSE:CTRA] were 5.34B which represents -16.72% decline. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 25.57 points at the first support level, and at 25.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.23, and for the 2nd resistance point, it is at 26.66.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Coterra Energy Inc [NYSE:CTRA] is 1.49. As well, the Quick Ratio is 1.46, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 3.59, the price to book ratio is 1.47 and price to earnings (TTM) ratio is 15.04.
Transactions by insiders
Recent insider trading involved Roemer Todd M, Vice Pres & CAO, that happened on Mar 20 ’24 when 55000.0 shares were sold. VP – Business Units, DeShazer Michael D. completed a deal on Mar 01 ’24 to sell 14000.0 shares. Meanwhile, Director DINGES DAN O sold 68275.0 shares on Sep 27 ’23.
