Analysis of CNX Resources Corp (CNX)’s performance, earnings and valuation

CNX Resources Corp [CNX] stock prices are up 4.48% to $39.87 at the moment. 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 14.90% over the last week, with a monthly amount glided 9.86%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Truist downgraded its rating to Hold on October 28, 2024, and dropped its price target to $34. On October 14, 2024, downgrade downgraded it’s rating to Equal Weight but maintained its price target of $25 on the stock. Tudor Pickering Holt & Co. downgraded its rating to a Sell. Piper Sandler downgraded its rating to a Underweight and reduced its price target to $20 on August 15, 2024. BofA Securities upgraded its rating to Neutral for this stock on January 05, 2024, but kept the price target unchanged to $23. In a note dated January 03, 2024, Mizuho upgraded an Neutral rating on this stock.

The stock price of CNX Resources Corp [CNX] has been fluctuating between $19.07 and $38.81 over the past year. 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 $39.87 at the most recent close of the market. An investor can expect a potential drop of -32.91% based on the average CNX price forecast.

Analyzing the CNX fundamentals

The CNX Resources Corp [NYSE:CNX] reported sales of 1.41B for trailing twelve months, representing a surge of 10.75%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.53%, and Net Profit Margin reading is 0.4%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.13 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.54.

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 38.72 points at the first support level, and at 37.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.49, and for the 2nd resistance point, it is at 41.12.

Ratios To Look Out For

It’s worth pointing out that CNX Resources Corp [NYSE:CNX]’s Current Ratio is 0.37. In addition, the Quick Ratio stands at 0.36 and the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 4.25, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 12.54.

Transactions by insiders

Recent insider trading involved LANIGAN BERNARD JR, Director, that happened on Sep 09 ’24 when 75000.0 shares were purchased. Director, LANIGAN BERNARD JR completed a deal on Aug 20 ’24 to buy 75000.0 shares. Meanwhile, EVP and General Counsel Bedard Timothy Scott bought 1226.0 shares on Feb 23 ’24.

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