On Tuesday, Canadian Natural Resources Ltd (NYSE: CNQ) was -3.61% drop from the session before settling in for the closing price of $32.42. A 52-week range for CNQ has been $24.65 – $35.12.
A company in the Energy sector has jumped its sales by 4.12% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 3.44%. With a float of $2.04 billion, this company’s outstanding shares have now reached $2.09 billion.
In an organization with 10640 employees, it is important to assess its efficiency.
Canadian Natural Resources Ltd (CNQ) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Canadian Natural Resources Ltd stocks. The insider ownership of Canadian Natural Resources Ltd is 2.23%, while institutional ownership is 76.52%.
Canadian Natural Resources Ltd (CNQ) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0.93 earnings per share (EPS) during the time that was less than consensus figure (set at 0.95) by -0.02. 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 3.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.04% during the next five years compared to 4.12% growth over the previous five years of trading.
Canadian Natural Resources Ltd (NYSE: CNQ) Trading Performance Indicators
You can see what Canadian Natural Resources Ltd (CNQ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36. Likewise, its price to free cash flow for the trailing twelve months is 11.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.25, a number that is poised to hit 0.54 in the next quarter and is forecasted to reach 2.37 in one year’s time.
Technical Analysis of Canadian Natural Resources Ltd (CNQ)
Let’s dig in a bit further. During the last 5-days, its volume was 11.37 million. That was better than the volume of 6.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.01%.
During the past 100 days, Canadian Natural Resources Ltd’s (CNQ) raw stochastic average was set at 33.51%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.73 in the past 14 days, which was higher than the 0.66 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.41, while its 200-day Moving Average is $31.12. However, in the short run, Canadian Natural Resources Ltd’s stock first resistance to watch stands at $31.94. Second resistance stands at $32.64. The third major resistance level sits at $32.98. If the price goes on to break the first support level at $30.90, it is likely to go to the next support level at $30.56. Assuming the price breaks the second support level, the third support level stands at $29.86.
Canadian Natural Resources Ltd (NYSE: CNQ) Key Stats
There are 2,082,873K outstanding shares of the company, which has a market capitalization of 65.10 billion. As of now, sales total 26,022 M while income totals 4,456 M. Its latest quarter income was 6,908 M while its last quarter net income were 435,540 K.
