At the time of writing, CNX Resources Corp [CNX] stock is trading at $29.26, up 0.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CNX shares have gain 6.87% over the last week, with a monthly amount drifted -4.03%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CNX Resources Corp [NYSE: CNX] stock has seen the most recent analyst activity on January 15, 2025, when TD Cowen initiated its Hold rating and assigned the stock a price target of $27. Previously, Morgan Stanley started tracking the stock with Underweight rating on January 10, 2025, and set its price target to $29. On December 16, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $38 on the stock. JP Morgan downgraded its rating to a Underweight and increased its price target to $37 on December 05, 2024. Truist downgraded its rating to Hold for this stock on October 28, 2024, and downed its price target to $34. In a note dated October 14, 2024, CapitalOne downgraded an Equal Weight rating on this stock but restated the target price of $25.
For the past year, the stock price of CNX Resources Corp fluctuated between $19.07 and $41.93. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. CNX Resources Corp [NYSE: CNX] shares were valued at $29.26 at the most recent close of the market. An investor can expect a potential drop of -4.31% based on the average CNX price forecast.
Analyzing the CNX fundamentals
According to CNX Resources Corp [NYSE:CNX], the company’s sales were 1.44B for trailing twelve months, which represents an 7.15% jump. 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 of0.56.
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 29.08 points at the first support level, and at 28.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.56, and for the 2nd resistance point, it is at 29.86.
Ratios To Look Out For
It is important to note that CNX Resources Corp [NYSE:CNX] has a current ratio of 0.33. As well, the Quick Ratio is 0.32, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 3.03, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved MFN Partners, LP, 10% Owner, that happened on Jan 06 ’25 when 1.07 million shares were sold. Director, LANIGAN BERNARD JR completed a deal on Sep 09 ’24 to buy 75000.0 shares. Meanwhile, Director LANIGAN BERNARD JR bought 75000.0 shares on Aug 20 ’24.
