Suncor Energy, Inc. (NYSE:SU) shares traded -2.88% lower at $32.39 on Wall Street last session.
In accordance with the data, 21 analysts cover Suncor Energy, Inc. (NYSE:SU). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $53.81 and a low of $34.18, we find $38.35. Given the previous closing price of $33.35, this indicates a potential upside of 14.99 percent. SU stock price is now -3.85% away from the 50-day moving average and 2.20% away from the 200-day moving average. The market capitalization of the company currently stands at $42.12B.
It has been rated a hold by 12 analysts and a buy by 9. Brokers who have rated the stock have averaged $39.85 as their price target over the next twelve months.
A total of 0.07% of the company’s stock is owned by insiders.
Suncor Energy, Inc. (NYSE: SU) opened at $32.83 on Thursday. During the past 12 months, Suncor Energy, Inc. has had a low of $27.59 and a high of $36.97. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.24, and a quick ratio of 0.82. The fifty day moving average price for SU is $33.65 and a two-hundred day moving average price translates $31.68 for the stock.
The latest earnings results from Suncor Energy, Inc. (NYSE: SU) was released for Sep, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $1.11, beating analysts’ expectations of $0.97 by 0.14. This compares to -$0.34 EPS in the same period last year. The net profit margin was 16.35% and return on equity was 20.75% for SU. The company reported revenue of $9.42 billion for the quarter, compared to $11.54 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -18.37 percent. For the current quarter, analysts expect SU to generate $9.16B in revenue.
Suncor Energy, Inc.(SU) Company Profile
Suncor Energy Inc. operates as an integrated energy company in Canada and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada. The Refining and Marketing segment refines crude oil and petrochemical products; and markets, transports, and manages refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment also involved in trading of crude oil, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.