Are Analysts Expecting A Better 2020 For Canadian Natural Resources Ltd (CNQ)?

Canadian Natural Resources Ltd (CNQ) concluded trading on Wednesday at a closing price of $28.69, with 5.84 million shares of worth about $167.54 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.30% during that period and on April 30, 2025 the price saw a loss of about -2.15%. Currently the company’s common shares owned by public are about 2.10B shares, out of which, 2.05B shares are available for trading.

Stock saw a price change of -0.90% in past 5 days and over the past one month there was a price change of -6.85%. Year-to-date (YTD), CNQ shares are showing a performance of -7.06% which decreased to -26.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.65 but also hit the highest price of $39.20 during that period. The average intraday trading volume for Canadian Natural Resources Ltd shares is 7.43 million. The stock is currently trading 1.26% above its 20-day simple moving average (SMA20), while that difference is down -1.18% for SMA50 and it goes to -11.41% lower than SMA200.

Canadian Natural Resources Ltd (NYSE: CNQ) currently have 2.10B outstanding shares and institutions hold larger chunk of about 67.70% of that.

The stock has a current market capitalization of $60.23B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 13.76, while it has posted earnings per share of $2.08 in the same period. Its PEG reads 1.40 and has Quick Ratio of 0.48 while making debt-to-equity ratio of 0.51. 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 1.95% while standing at 4.23% over the month.

Stock’s fiscal year EPS is expected to rise by 6.07% while it is estimated to increase by 2.41% in next year. EPS is likely to grow at an annualized rate of 9.86% for next 5-years, compared to annual growth of 4.12% made by the stock over the past 5-years.

Stock get a Hold rating from Desjardins on April 23, 2024.

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