Suncor Energy, Inc. (NYSE: SU) Not A Good Play Anymore?

Suncor Energy, Inc. (SU) concluded trading on Thursady at a closing price of $33.53, with 5.45 million shares of worth about $182.84 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.01% during that period and on Thursady the price saw a loss of about -0.18%. Currently the company’s common shares owned by public are about 1.34B shares, out of which, 1.29B shares are available for trading.

However, the stock later moved at a day high price of 33.99, or with a loss of -0.18%. Stock saw a price change of 6.38% in past 5 days and over the past one month there was a price change of 6.34%. Year-to-date (YTD), SU shares are showing a performance of 4.65% which decreased to -0.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.59 but also hit the highest price of $35.51 during that period. The average intraday trading volume for Suncor Energy, Inc. shares is 4.49 million. The stock is currently trading 3.26% above its 20-day simple moving average (SMA20), while that difference is up 4.27% for SMA50 and it goes to 5.57% higher than SMA200.

Suncor Energy, Inc. (NYSE: SU) currently have 1.34B outstanding shares and institutions hold larger chunk of about 66.34% of that.

The stock has a current market capitalization of $43.42B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 7.31, while it has posted earnings per share of $4.59 in the same period. It has Quick Ratio of 0.82 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SU, volatility over the week remained 2.74% while standing at 2.15% over the month.

Analysts are in expectations that Suncor Energy, Inc. (SU) stock would likely to be making an EPS of $0.82 in the current quarter, while forecast for next quarter EPS is $0.9 and it is $3.95 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.75 which is $0.93 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.35 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -6.41% while it is estimated to increase by 0.03% in next year.

Stock get a Buy rating from UBS on July 12, 2023.

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