Canadian Natural Resources Ltd. (CNQ) concluded trading on Thursday at a closing price of $77.53, with 2.28 million shares of worth about $177.06 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.56% during that period and on May 09, 2024 the price saw a gain of about 0.56%. Currently the company’s common shares owned by public are about 1.07B shares, out of which, 1.05B shares are available for trading.
Stock saw a price change of 3.57% in past 5 days and over the past one month there was a price change of -5.82%. Year-to-date (YTD), CNQ shares are showing a performance of 18.33% which increased to 35.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.66 but also hit the highest price of $82.58 during that period. The average intraday trading volume for Canadian Natural Resources Ltd. shares is 3.21 million. The stock is currently trading 0.66% above its 20-day simple moving average (SMA20), while that difference is up 2.47% for SMA50 and it goes to 16.25% higher than SMA200.
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Canadian Natural Resources Ltd. (NYSE: CNQ) currently have 1.07B outstanding shares and institutions hold larger chunk of about 76.53% of that.
The stock has a current market capitalization of $83.02B and its 3Y-monthly beta is at 1.53. PE ratio of stock for trailing 12 months is 15.44, while it has posted earnings per share of $5.02 in the same period. It has Quick Ratio of 0.61 while making debt-to-equity ratio of 0.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNQ, volatility over the week remained 1.73% while standing at 2.21% over the month.
Analysts are in expectations that Canadian Natural Resources Ltd. (CNQ) stock would likely to be making an EPS of $1.22 in the current quarter, while forecast for next quarter EPS is $1.59 and it is $6.74 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.02 which is $1.42 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 $0.84 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -1.71% while it is estimated to increase by 21.82% in next year. EPS is likely to shrink at an annualized rate of -0.74% for next 5-years, compared to annual growth of 27.79% made by the stock over the past 5-years.
On January 13, 2023, Stifel Resumed their recommendations, while on November 21, 2022, Goldman Upgrade their ratings for the stock with a price target of $69. Stock get a Hold rating from Jefferies on October 19, 2022.
