CNX Resources Corp (NYSE: CNX): To Buy Or Not To Buy, That Is The Question

CNX Resources Corp (CNX) concluded trading on Wednesday at a closing price of $29.43, with 5.22 million shares of worth about $153.64 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.52% during that period and on April 30, 2025 the price saw a loss of about -0.37%. Currently the company’s common shares owned by public are about 145.46M shares, out of which, 137.18M shares are available for trading.

Stock saw a price change of -3.79% in past 5 days and over the past one month there was a price change of -6.51%. Year-to-date (YTD), CNX shares are showing a performance of -19.74% which increased to 22.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.82 but also hit the highest price of $41.93 during that period. The average intraday trading volume for CNX Resources Corp shares is 2.80 million. The stock is currently trading -1.70% below its 20-day simple moving average (SMA20), while that difference is down -2.75% for SMA50 and it goes to -6.46% lower than SMA200.

CNX Resources Corp (NYSE: CNX) currently have 145.46M outstanding shares and institutions hold larger chunk of about 104.31% of that.

The stock has a current market capitalization of $4.26B and its 3Y-monthly beta is at 0.62. It has posted earnings per share of -$2.06 in the same period. It has Quick Ratio of 0.25 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNX, volatility over the week remained 3.03% while standing at 4.15% over the month.

Stock’s fiscal year EPS is expected to rise by 12.38% while it is estimated to increase by 40.39% in next year. EPS is likely to grow at an annualized rate of 33.84% for next 5-years, compared to annual growth of -7.16% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Scotiabank on April 11, 2025 offering a Sector perform rating for the stock and assigned a target price of $33 to it. Coverage by Stephens stated CNX Resources Corp (CNX) stock as an Overweight in their note to investors on March 18, 2025, suggesting a price target of $48 for the stock. On February 18, 2025, Raymond James Upgrade their recommendations, while on January 15, 2025, TD Cowen Initiated their ratings for the stock with a price target of $27. Stock get an Underweight rating from Morgan Stanley on January 10, 2025.

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