A share price of CNX Resources Corp [CNX] is currently trading at $27.00, up 0.93%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNX shares have gain 1.39% over the last week, with a monthly amount glided 8.48%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CNX Resources Corp [NYSE: CNX] stock has seen the most recent analyst activity on August 15, 2024, when Piper Sandler downgraded its rating to a Underweight and also revised its price target to $20 from $22. Previously, BofA Securities upgraded its rating to Neutral on January 05, 2024, and kept the price target unchanged to $23. On January 03, 2024, upgrade upgraded it’s rating to Neutral. Truist upgraded its rating to a Buy and increased its price target to $27 on December 04, 2023. Scotiabank downgraded its rating to a Sector Underperform. Stephens started tracking with a Equal-Weight rating for this stock on April 25, 2023, and assigned it a price target of $17. In a note dated January 10, 2023, Mizuho initiated an Underperform rating and provided a target price of $19 on this stock.
CNX Resources Corp experienced fluctuations in its stock price throughout the past year between $19.07 and $27.43. Currently, Wall Street analysts expect the stock to reach $26.75 within the next 12 months. CNX Resources Corp [NYSE: CNX] shares were valued at $27.00 at the most recent close of the market. An investor can expect a potential drop of -0.93% based on the average CNX price forecast.
Analyzing the CNX fundamentals
Trailing Twelve Months sales for CNX Resources Corp [NYSE:CNX] were 1.38B which represents 3.75% growth. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.49%, and Net Profit Margin reading is 0.38%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.55.
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 26.69 points at the first support level, and at 26.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.21, and for the 2nd resistance point, it is at 27.41.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CNX Resources Corp [NYSE:CNX] is 0.41. In addition, the Quick Ratio stands at 0.40 and the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 2.96, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 9.26.
Transactions by insiders
Recent insider trading involved LANIGAN BERNARD JR, Director, that happened on Aug 20 ’24 when 75000.0 shares were purchased. EVP and General Counsel, Bedard Timothy Scott completed a deal on Feb 23 ’24 to buy 1226.0 shares. Meanwhile, EVP and General Counsel Bedard Timothy Scott sold 1226.0 shares on Feb 26 ’24.
