-2.13% percent quarterly performance for Suncor Energy, Inc (SU) is not indicative of the underlying story

On Friday, Suncor Energy, Inc (NYSE: SU) was 0.10% up from the session before settling in for the closing price of $40.44. A 52-week range for SU has been $29.45 – $41.94.

Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 11.06%. When this article was written, the company’s average yearly earnings per share was at -6.57%. With a float of $1.27 billion, this company’s outstanding shares have now reached $1.29 billion.

Considering the fact that the conglomerate employs 14906 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.6%, operating margin of 16.12%, and the pretax margin is 19.82%.

Suncor Energy, Inc (SU) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Suncor Energy, Inc stocks. The insider ownership of Suncor Energy, Inc is 0.03%, while institutional ownership is 68.50%.

Suncor Energy, Inc (SU) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.26 earnings per share (EPS) during the time that was better than consensus figure (set at 1.07) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.85 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -6.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.50% during the next five years compared to 24.59% growth over the previous five years of trading.

Suncor Energy, Inc (NYSE: SU) Trading Performance Indicators

You can see what Suncor Energy, Inc (SU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.04. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93. Likewise, its price to free cash flow for the trailing twelve months is 11.39.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.58, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.19 in one year’s time.

Technical Analysis of Suncor Energy, Inc (SU)

Compared to the last year’s volume of 4.27 million, its volume of 6.91 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.27%. Additionally, its Average True Range was 0.94.

During the past 100 days, Suncor Energy, Inc’s (SU) raw stochastic average was set at 78.63%, which indicates a significant decrease from 90.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.09% in the past 14 days, which was lower than the 27.29% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.40, while its 200-day Moving Average is $37.85. Nevertheless, the first resistance level for the watch stands at $40.81 in the near term. At $41.15, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.48. If the price goes on to break the first support level at $40.15, it is likely to go to the next support level at $39.82. Should the price break the second support level, the third support level stands at $39.48.

Suncor Energy, Inc (NYSE: SU) Key Stats

There are 1,261,766K outstanding shares of the company, which has a market capitalization of 72.46 billion. As of now, sales total 37,593 M while income totals 6,145 M. Its latest quarter income was 9,528 M while its last quarter net income were 1,146 M.