Coterra Energy Inc [CTRA] stock is trading at $25.66, up 1.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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From an analyst’s perspective:
Coterra Energy Inc [NYSE: CTRA] stock has seen the most recent analyst activity on August 27, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $29 from $25. Truist upgraded its rating to a Buy and increased its price target to $35 on May 16, 2024. Barclays initiated its recommendation with a Overweight and recommended $36 as its price target on April 10, 2024. BofA Securities upgraded its rating to Buy for this stock on January 05, 2024, but kept the price target unchanged to $31. In a note dated December 14, 2023, Wells Fargo upgraded an Overweight rating on this stock and revised its target price from $59 to $30.
Coterra Energy Inc [CTRA] stock has fluctuated between $22.30 and $28.90 over the past year. Currently, Wall Street analysts expect the stock to reach $32.5 within the next 12 months. Coterra Energy Inc [NYSE: CTRA] shares were valued at $25.66 at the most recent close of the market. An investor can expect a potential return of 26.66% based on the average CTRA price forecast.
Analyzing the CTRA fundamentals
Coterra Energy Inc [NYSE:CTRA] reported sales of 5.42B for the trailing twelve months, which represents a drop of -1.77%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
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 25.35 points at the first support level, and at 25.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.86, and for the 2nd resistance point, it is at 26.06.
Ratios To Look Out For
For context, Coterra Energy Inc’s Current Ratio is 1.61. As well, the Quick Ratio is 1.56, while the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 3.49, the price to book ratio is 1.45 and price to earnings (TTM) ratio is 15.58.
Transactions by insiders
Recent insider trading involved Smith Kevin William, SVP & Chief Technology Officer, that happened on Dec 03 ’24 when 29643.0 shares were sold. Officer, Smith Kevin William completed a deal on Dec 03 ’24 to buy 29643.0 shares. Meanwhile, SVP & General Counsel Vela Adam M sold 16435.0 shares on Nov 20 ’24.
