A new trading day began on Monday, with Coterra Energy Inc (NYSE: CTRA) stock price down -2.36% from the previous day of trading, before settling in for the closing price of $26.72. CTRA’s price has ranged from $22.30 to $28.90 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 48.71% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -28.48%. With a float of $723.16 million, this company’s outstanding shares have now reached $736.00 million.
In an organization with 894 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.07%, operating margin of 26.32%, and the pretax margin is 29.46%.
Coterra Energy Inc (CTRA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Coterra Energy Inc is 1.80%, while institutional ownership is 90.31%. The most recent insider transaction that took place on Nov 20 ’24, was worth 439,801. In this transaction SVP & General Counsel of this company sold 16,435 shares at a rate of $26.76, taking the stock ownership to the 72,409 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Officer proposed sale 16,435 for $26.76, making the entire transaction worth $439,869.
Coterra Energy Inc (CTRA) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.52 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.06% during the next five years compared to 11.36% growth over the previous five years of trading.
Coterra Energy Inc (NYSE: CTRA) Trading Performance Indicators
Here are Coterra Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.55. Likewise, its price to free cash flow for the trailing twelve months is 17.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.65, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.90 in one year’s time.
Technical Analysis of Coterra Energy Inc (CTRA)
Let’s dig in a bit further. During the last 5-days, its volume was 5.05 million. That was inferior than the volume of 6.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.07%. Additionally, its Average True Range was 0.62.
During the past 100 days, Coterra Energy Inc’s (CTRA) raw stochastic average was set at 67.68%, which indicates a significant increase from 33.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.15% in the past 14 days, which was lower than the 24.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.70, while its 200-day Moving Average is $25.93. However, in the short run, Coterra Energy Inc’s stock first resistance to watch stands at $26.64. Second resistance stands at $27.19. The third major resistance level sits at $27.60. If the price goes on to break the first support level at $25.69, it is likely to go to the next support level at $25.28. Assuming the price breaks the second support level, the third support level stands at $24.73.
Coterra Energy Inc (NYSE: CTRA) Key Stats
With a market capitalization of 19.24 billion, the company has a total of 736,613K Shares Outstanding. Currently, annual sales are 5,914 M while annual income is 1,625 M. The company’s previous quarter sales were 1,359 M while its latest quarter income was 252,000 K.
