A share price of Suncor Energy, Inc [SU] is currently trading at $36.43, up 1.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The SU shares have gain 3.61% over the last week, with a monthly amount drifted -6.49%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Suncor Energy, Inc [NYSE: SU] stock has seen the most recent analyst activity on December 16, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight. Previously, Desjardins upgraded its rating to Buy on November 14, 2024. On August 07, 2024, upgrade upgraded it’s rating to Buy. BMO Capital Markets upgraded its rating to a Outperform. TD Securities downgraded its rating to Hold for this stock on September 28, 2023. In a note dated September 18, 2023, Desjardins downgraded an Hold rating on this stock.
Suncor Energy, Inc experienced fluctuations in its stock price throughout the past year between $31.03 and $41.94. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Suncor Energy, Inc [NYSE: SU] shares were valued at $36.43 at the most recent close of the market. An investor can expect a potential return of 78.42% based on the average SU price forecast.
Analyzing the SU fundamentals
Trailing Twelve Months sales for Suncor Energy, Inc [NYSE:SU] were 37.45B which represents 0.19% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.18 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 0.24.
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 36.10 points at the first support level, and at 35.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.60, and for the 2nd resistance point, it is at 36.78.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Suncor Energy, Inc [NYSE:SU] is 1.59. On the other hand, the Quick Ratio is 1.04, and the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 1.38 and price to earnings (TTM) ratio is 7.95.
