That’s why I Feel Comfortable With Suncor Energy, Inc’s (SU) Future

A share price of Suncor Energy, Inc [SU] is currently trading at $35.75, up 1.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SU shares have gain 4.32% over the last week, with a monthly amount drifted -9.56%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Tudor Pickering Holt & Co. upgraded its rating to Buy on February 10, 2025. On December 16, 2024, downgrade downgraded it’s rating to Equal-Weight. Desjardins upgraded its rating to a Buy. TD Securities upgraded its rating to a Buy. BMO Capital Markets upgraded its rating to Outperform for this stock on August 07, 2024.

Suncor Energy, Inc experienced fluctuations in its stock price throughout the past year between $33.81 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 $35.75 at the most recent close of the market. An investor can expect a potential return of 81.82% based on the average SU price forecast.

Analyzing the SU fundamentals

Trailing Twelve Months sales for Suncor Energy, Inc [NYSE:SU] were 37.01B which represents -4.73% decline. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.13 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 35.23 points at the first support level, and at 34.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.13, and for the 2nd resistance point, it is at 36.50.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Suncor Energy, Inc [NYSE:SU] is 1.33. Also, the Quick Ratio is 0.86, while the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 1.44 and price to earnings (TTM) ratio is 10.37.

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