Coterra Energy Inc (NYSE: CTRA) on Monday, soared 3.02% from the previous trading day, before settling in for the closing price of $27.77. Within the past 52 weeks, CTRA’s price has moved between $22.30 and $28.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 62.73% over the last five years. The company achieved an average annual earnings per share of -28.54%. With a float of $722.67 million, this company’s outstanding shares have now reached $736.00 million.
The firm has a total of 894 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Coterra Energy Inc is 1.87%, while institutional ownership is 90.45%. The most recent insider transaction that took place on Dec 03 ’24, was worth 775,461. In this transaction SVP & Chief Technology Officer of this company sold 29,643 shares at a rate of $26.16, taking the stock ownership to the 77,075 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Officer proposed sale 29,643 for $26.16, making the entire transaction worth $775,377.
Coterra Energy Inc (CTRA) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.53% 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
Coterra Energy Inc (CTRA) is currently performing well based on its current performance indicators. A quick ratio of 1.56 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.89. Likewise, its price to free cash flow for the trailing twelve months is 18.75.
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 3.04 in one year’s time.
Technical Analysis of Coterra Energy Inc (CTRA)
Analysing the last 5-days average volume posted by the [Coterra Energy Inc, CTRA], we can find that recorded value of 8.1 million was better than the volume posted last year of 7.39 million. As of the previous 9 days, the stock’s Stochastic %D was 94.43%. Additionally, its Average True Range was 0.68.
During the past 100 days, Coterra Energy Inc’s (CTRA) raw stochastic average was set at 99.53%, which indicates a significant increase from 99.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.68% in the past 14 days, which was lower than the 25.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.44, while its 200-day Moving Average is $25.80. Now, the first resistance to watch is $28.89. This is followed by the second major resistance level at $29.16. The third major resistance level sits at $29.69. If the price goes on to break the first support level at $28.09, it is likely to go to the next support level at $27.56. Should the price break the second support level, the third support level stands at $27.29.
Coterra Energy Inc (NYSE: CTRA) Key Stats
Market capitalization of the company is 21.07 billion based on 736,613K outstanding shares. Right now, sales total 5,914 M and income totals 1,625 M. The company made 1,359 M in profit during its latest quarter, and 252,000 K in sales during its previous quarter.