Cenovus Energy Inc [CVE] stock prices are up 1.99% to $14.32 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The CVE shares have gain 10.32% over the last week, with a monthly amount glided 4.45%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cenovus Energy Inc [NYSE: CVE] stock has seen the most recent analyst activity on February 21, 2025, when National Bank Financial downgraded its rating to a Sector Perform. Previously, UBS upgraded its rating to Buy on February 23, 2024. On September 06, 2023, upgrade upgraded it’s rating to Sector Outperform. UBS started tracking the stock assigning a Neutral rating. Goldman upgraded its rating to a Buy and raised its price target to $22 on June 06, 2023. Scotiabank downgraded its rating to Sector Perform for this stock on April 14, 2023. In a note dated November 21, 2022, Goldman downgraded an Neutral rating on this stock but restated the target price of $23.
The stock price of Cenovus Energy Inc [CVE] has been fluctuating between $10.23 and $20.76 over the past year. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. Cenovus Energy Inc [NYSE: CVE] shares were valued at $14.32 at the most recent close of the market. An investor can expect a potential return of 116.48% based on the average CVE price forecast.
Analyzing the CVE fundamentals
The Cenovus Energy Inc [NYSE:CVE] reported sales of 38.99B for trailing twelve months, representing a drop of -6.70%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 14.00 points at the first support level, and at 13.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.53, and for the 2nd resistance point, it is at 14.73.
Ratios To Look Out For
It’s worth pointing out that Cenovus Energy Inc [NYSE:CVE]’s Current Ratio is 1.46. On the other hand, the Quick Ratio is 0.84, and the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 13.39.
Transactions by insiders
Recent insider trading involved CK Hutchison Holdings, Affiliate, that happened on Jun 11 ’25 when 1.11 million shares were purchased. Affiliate, CK Hutchison Holdings completed a deal on Jun 10 ’25 to buy 1.16 million shares. Meanwhile, Affiliate CK Hutchison Holdings bought 0.11 million shares on May 12 ’25.
