A share price of CNX Resources Corp [CNX] is currently trading at $28.82, down -2.67%. 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 0.63% over the last week, with a monthly amount glided 1.30%, and 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 February 18, 2025, when Raymond James upgraded its rating to a Mkt Perform. Previously, TD Cowen started tracking the stock with Hold rating on January 15, 2025, and set its price target to $27. On January 10, 2025, Morgan Stanley initiated with a Underweight rating and assigned a price target of $29 on the stock. Mizuho downgraded its rating to a Underperform and increased its price target to $38 on December 16, 2024. JP Morgan downgraded its rating to a Underweight and raised its price target to $37 on December 05, 2024. In a note dated October 28, 2024, Truist downgraded an Hold rating on this stock and revised its target price from $38 to $34.
CNX Resources Corp experienced fluctuations in its stock price throughout the past year between $21.00 and $41.93. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. CNX Resources Corp [NYSE: CNX] shares were valued at $28.82 at the most recent close of the market. An investor can expect a potential return of 11.03% based on the average CNX price forecast.
Analyzing the CNX fundamentals
Trailing Twelve Months sales for CNX Resources Corp [NYSE:CNX] were 1.44B which represents 7.15% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.
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 28.43 points at the first support level, and at 28.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.52, and for the 2nd resistance point, it is at 30.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CNX Resources Corp [NYSE:CNX] is 0.33. As well, the Quick Ratio is 0.32, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 1.05.
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.
