CNX Resources Corp [CNX] stock prices are up 1.24% to $36.69 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CNX shares have gain 0.41% over the last week, with a monthly amount drifted -10.71%, and not 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 December 16, 2024, when Mizuho downgraded its rating to a Underperform and also boosted its price target to $38 from $33. Previously, JP Morgan downgraded its rating to Underweight on December 05, 2024, and elevated its price target to $37. Truist downgraded its rating to a Hold and decreased its price target to $34 on October 28, 2024. CapitalOne downgraded its rating to a Equal Weight but $25 remained the price target by the analyst firm on October 14, 2024. Tudor Pickering Holt & Co. downgraded its rating to Sell for this stock on October 01, 2024. In a note dated August 15, 2024, Piper Sandler downgraded an Underweight rating on this stock and revised its target price from $22 to $20.
The stock price of CNX Resources Corp [CNX] has been fluctuating between $19.07 and $41.93 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. CNX Resources Corp [NYSE: CNX] shares were valued at $36.69 at the most recent close of the market. An investor can expect a potential drop of -45.49% 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 0.36% with Operating Profit Margin at 0.22%, 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 0.04. 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 36.14 points at the first support level, and at 35.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.98, and for the 2nd resistance point, it is at 37.28.
Ratios To Look Out For
It’s worth pointing out that CNX Resources Corp [NYSE:CNX]’s Current Ratio is 0.37. Further, the Quick Ratio stands at 0.36, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 3.93, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 11.54.
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.
