As of Friday close, Suncor Energy Inc.’s (NYSE:SU) stock was up $1.08, moving up 3.57 percent to $31.37. The average number of shares traded per day over the past five days has been 4,409,400 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.01 fall in that time frame. In the last twenty days, the average volume was 5,305,885, while in the previous 50 days, it was 5,455,982.
Since last month, SU stock rose 4.67%. Shares of the company fell to $29.32 on 12/19/22, the lowest level in the past month. A 52-week high of $42.72 was reached on 01/03/23 after having rallying from a 52-week low of $25.27. Since the beginning of this year, SU’s stock price has dropped by -1.13% or -$0.36, and marked a new high 1 time. However, the stock has declined by -26.56% since its 52-week high.
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Right now, Suncor Energy Inc. (SU) has a P/E ratio of about 7.67. The stock’s beta is 1.28. Besides these, the trailing price-to-sales (P/S) ratio of 1.02, the price-to-book (PB) ratio of 1.52, and the price-to-cash flow ratio of 5.35 may also be considered.
The latest dividend of $0.3911 per share was paid out, which is 6.97% more than last year’s $0.3656. On Wednesday November 16 2022, a $0.0255 dividend increase was announced.
In the three months ended June 29, Suncor Energy Inc.’s quick ratio stood at 0.90, while its current ratio was 1.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.42, and the total debt-to-equity ratio was 0.50. On the profitability front, the trailing twelve-month gross margin is 63.70% percent. In the year ended June 29, operating margins totaled 21.90%. Based on annual data, SU earned $19.01 billion in gross profit and brought in $31.2 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.60%. Return on equity (ROE) for the past 12 months was 20.60%.
In Suncor Energy Inc.’s quarter-end financial report for June 29, it reported total debt of $1.91 billion against cash and short-term investments of $101.88 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SU’s revenue rose 0.01% during the quarter, while net income inched up to $29.87 billion. While analysts expected Suncor Energy Inc. to report $1.85 quarterly earnings, the actual figure was $2 per share, beating the consensus estimate by 8.10%. During the quarter, the company generated $4.06 billion in EBITDA. The liabilities of Suncor Energy Inc. were 35.89 billion at the end of its most recent quarter ended June 29, and its total debt was $17.37 billion.
This quick technical analysis looks at Suncor Energy Inc.’s (SU) price momentum. With a historical volatility rate of 45.05%, the RSI 9-day stood at 53.53% on 06 January.
With respect to its five-day moving average, the current Suncor Energy Inc. price is down by -0.03% percent or -$0.01. At present, SU shares trade +5.34% above its 20-day simple moving average and -1.94% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.19% below its SMA50 and -3.27% below its SMA200.
Stochastic coefficient K was 43.70% and Stochastic coefficient D was 40.06%, while ATR was 1.01. Given the Stochastic reading of 76.35% for the 14-day period, the RSI (14) reading has been calculated as 50.01%. As of today, the MACD Oscillator reading stands at -0.56, while the 14-day reading stands at -0.28.
Jefferies launched its rating on Suncor Energy Inc. (NYSE: SU) to a Hold in a note to investors on October 19, 2022. Suncor Energy Inc. (SU) has been rated Overweight by analysts. According to 1 brokerage firm, SU is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Suncor Energy Inc. stock as buy, with 13 recommending it as overweight.
With a median target price of $39.06, the current consensus forecast for the stock is $32.64 – $48.57. Based on these forecasts, analysts predict Suncor Energy Inc. (SU) will achieve an average price target of $39.57.