As on March 16, 2023, Coterra Energy Inc. (NYSE: CTRA) got off with the flyer as it spiked 3.20% to $23.51. During the day, the stock rose to $23.52 and sunk to $22.26 before settling in for the price of $22.78 at the close. Taking a more long-term approach, CTRA posted a 52-week range of $21.41-$34.73.
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It was noted that the giant of the Energy sector posted annual sales growth of 38.70% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 79.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 121.00%. This publicly-traded company’s shares outstanding now amounts to $781.00 million, simultaneously with a float of $760.56 million. The organization now has a market capitalization sitting at $18.44 billion. At the time of writing, stock’s 50-day Moving Average stood at $24.78, while the 200-day Moving Average is $27.57.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 981 workers. For the Profitability, stocks gross margin was +63.79, operating margin was +60.35 and Pretax Margin of +54.33.
Coterra Energy Inc. (CTRA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Coterra Energy Inc.’s current insider ownership accounts for 0.10%, in contrast to 97.40% institutional ownership. According to the most recent insider trade that took place on Dec 01, this organization’s Director sold 5,000 shares at the rate of 27.64, making the entire transaction reach 138,218 in total value, affecting insider ownership by 225,755. Preceding that transaction, on Jun 07, Company’s EVP – Business Development sold 36,327 for 35.41, making the whole transaction’s value amount to 1,286,339. This particular insider is now the holder of 351,436 in total.
Coterra Energy Inc. (CTRA) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $1.42 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.37) by $0.05. This company achieved a net margin of +42.73 while generating a return on equity of 33.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.78 per share during the current fiscal year.
Coterra Energy Inc.’s EPS increase for this current 12-month fiscal period is 121.00% and is forecasted to reach 3.05 in the upcoming year.
Coterra Energy Inc. (NYSE: CTRA) Trading Performance Indicators
Let’s observe the current performance indicators for Coterra Energy Inc. (CTRA). It’s Quick Ratio in the last reported quarter now stands at 1.80. The Stock has managed to achieve an average true range (ATR) of 0.99. Alongside those numbers, its PE Ratio stands at $4.63, and its Beta score is 0.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.04. Similarly, its price to free cash flow for trailing twelve months is now 5.34.
In the same vein, CTRA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.08, a figure that is expected to reach 0.75 in the next quarter, and analysts are predicting that it will be 3.05 at the market close of one year from today.
Technical Analysis of Coterra Energy Inc. (CTRA)
Through scrutinizing the latest numbers posted by the [Coterra Energy Inc., CTRA], it can be observed that its last 5-days Average volume of 12.89 million was better the volume of 9.11 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 29.47% While, its Average True Range was 1.14.
Raw Stochastic average of Coterra Energy Inc. (CTRA) in the period of the previous 100 days is set at 13.25%, which indicates a major fall in contrast to 29.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.30% that was higher than 40.10% volatility it exhibited in the past 100-days period.