Currently, Suncor Energy, Inc. [SU] is trading at $38.67, up 0.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SU shares have gain 3.34% over the last week, with a monthly amount drifted -2.64%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Suncor Energy, Inc. [NYSE: SU] stock has seen the most recent analyst activity on August 07, 2024, when TD Securities upgraded its rating to a Buy. Previously, BMO Capital Markets upgraded its rating to Outperform on August 07, 2024. TD Securities downgraded its rating to a Hold. Desjardins downgraded its rating to a Hold. Wells Fargo upgraded its rating to Overweight for this stock on August 23, 2023. In a note dated July 13, 2023, BMO Capital Markets downgraded an Market Perform rating on this stock.
This stock has fluctuated between a low of $29.45 and a high of $41.94 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $40.78 within the next 12 months. Suncor Energy, Inc. [NYSE: SU] shares were valued at $38.67 at the most recent close of the market. An investor can expect a potential return of 5.46% based on the average SU price forecast.
Analyzing the SU fundamentals
Trailing Twelve Months sales for Suncor Energy, Inc. [NYSE:SU] were 37.44B which represents 7.96% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.17 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.
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 38.18 points at the first support level, and at 37.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.20, and for the 2nd resistance point, it is at 39.74.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Suncor Energy, Inc. [NYSE:SU] is 1.46. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.31, the price to book ratio is 1.52 and price to earnings (TTM) ratio is 9.00.
