Currently, there are 149.26M common shares owned by the public and among those 142.16M shares have been available to trade.
The company’s stock has a 5-day price change of -16.33% and -10.15% over the past three months. CNX shares are trading -16.44% year to date (YTD), with the 12-month market performance up to 50.42% higher. It has a 12-month low price of $19.07 and touched a high of $41.93 over the same period. CNX has an average intraday trading volume of 2.39 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 -15.62%, -17.99%, and 4.61% respectively.
Institutional ownership of CNX Resources Corp (NYSE: CNX) shares accounts for 108.16% of the company’s 149.26M shares outstanding.
It has a market capitalization of $4.06B and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 9.64, while the earnings-per-share (ttm) stands at $3.18. The company has a PEG of 0.71 and a Quick Ratio of 0.36 with the debt-to-equity ratio at 0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.19% over the week and 4.02% over the month.
Earnings per share for the fiscal year are expected to decrease by -17.81%, and 29.75% over the next financial year. EPS should shrink at an annualized rate of 13.51% over the next five years, compared to 19.28% over the past 5-year period.
Looking at the support for the CNX, a number of firms have released research notes about the stock. Mizuho stated their Underperform rating for the stock in a research note on December 16, 2024, with the firm’s price target at $33-$38. JP Morgan coverage for the CNX Resources Corp (CNX) stock in a research note released on December 05, 2024 offered a Underweight rating with a price target of $37. BofA Securities was of a view on October 28, 2024 that the stock is Underperform, while Truist gave the stock Hold rating on October 28, 2024, issuing a price target of $38- $34. CapitalOne on their part issued Equal Weight rating on October 14, 2024.
