Coterra Energy Inc (NYSE: CTRA): Stock That Needs Special Handling

Currently, there are 751.00M common shares owned by the public and among those 730.79M shares have been available to trade.

The company’s stock has a 5-day price change of -1.65% and -9.48% over the past three months. CTRA shares are trading 0.71% year to date (YTD), with the 12-month market performance down to -6.24% lower. It has a 12-month low price of $23.73 and touched a high of $29.89 over the same period. CTRA has an average intraday trading volume of 5.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.31%, -5.24%, and -3.79% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Coterra Energy Inc (NYSE: CTRA) shares accounts for 89.42% of the company’s 751.00M shares outstanding.

It has a market capitalization of $19.13B and a beta (3y monthly) value of 0.24. The stock’s trailing 12-month PE ratio is 14.99, while the earnings-per-share (ttm) stands at $1.71. The company has a PEG of 1.04 and a Quick Ratio of 1.46 with the debt-to-equity ratio at 0.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.83% over the week and 1.72% over the month.

Earnings per share for the fiscal year are expected to decrease by -11.27%, and 46.89% over the next financial year. EPS should grow at an annualized rate of 14.40% over the next five years, compared to 11.36% over the past 5-year period.

Looking at the support for the CTRA, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on July 18, 2024, with the firm’s price target at $35. BofA Securities coverage for the Coterra Energy Inc (CTRA) stock in a research note released on June 14, 2024 offered a Buy rating with a price target of $34. Truist was of a view on May 16, 2024 that the stock is Buy, while Barclays gave the stock Overweight rating on April 10, 2024, issuing a price target of $36. BofA Securities on their part issued Buy rating on January 05, 2024.

Most Popular

Related Posts