On May 19, 2023, Suncor Energy Inc. (NYSE: SU) opened at $28.86, higher 0.77% from the last session. During the day, the shares moved up to $28.975 and dropped to $28.28 before settling in for the closing price of $28.51. Price fluctuations for SU have ranged from $26.42 to $42.72 over the past 52 weeks.
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Annual sales at Energy sector company grew by 12.80% over the past five years. Company’s average yearly earnings per share was noted 136.10% at the time writing. With a float of $1.31 billion, this company’s outstanding shares have now reached $1.33 billion.
Let’s look at the performance matrix of the company that is accounted for 16558 employees. In terms of profitability, gross margin is +42.57, operating margin of +23.87, and the pretax margin is +21.11.
Suncor Energy Inc. (SU) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Suncor Energy Inc. is 0.01%, while institutional ownership is 68.50%.
Suncor Energy Inc. (SU) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $1.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.96) by $0.05. This company achieved a net margin of +15.56 while generating a return on equity of 23.89. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 136.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.54% during the next five years compared to 19.50% growth over the previous five years of trading.
Suncor Energy Inc. (NYSE: SU) Trading Performance Indicators
Check out the current performance indicators for Suncor Energy Inc. (SU). In the past quarter, the stock posted a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.89. Likewise, its price to free cash flow for the trailing twelve months is 12.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.42, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 5.87 in one year’s time.
Technical Analysis of Suncor Energy Inc. (SU)
Suncor Energy Inc. (NYSE: SU) saw its 5-day average volume 4.7 million, a positive change from its year-to-date volume of 4.62 million. As of the previous 9 days, the stock’s Stochastic %D was 26.85%. Additionally, its Average True Range was 0.83.
During the past 100 days, Suncor Energy Inc.’s (SU) raw stochastic average was set at 9.73%, which indicates a significant decrease from 30.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.98% in the past 14 days, which was higher than the 34.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.41, while its 200-day Moving Average is $32.03. Nevertheless, the first resistance level for the watch stands at $29.04 in the near term. At $29.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.74. If the price goes on to break the first support level at $28.35, it is likely to go to the next support level at $27.97. The third support level lies at $27.65 if the price breaches the second support level.
Suncor Energy Inc. (NYSE: SU) Key Stats
There are currently 1,312,059K shares outstanding in the company with a market cap of 37.32 billion. Presently, the company’s annual sales total 44,973 M according to its annual income of 6,982 M. Last quarter, the company’s sales amounted to 9,060 M and its income totaled 1,517 M.
