Stocks of Suncor Energy, Inc. (NYSE:SU) traded higher last session on Wall Street, up 1.55% to $32.78.
According to the data, Suncor Energy, Inc. (NYSE:SU) has 21 analysts covering its stock. 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 $34.56, we find $38.42. Given the previous closing price of $32.28, this indicates a potential upside of 19.02 percent. SU stock price is now -2.08% away from the 50-day moving average and 3.46% away from the 200-day moving average. The market capitalization of the company currently stands at $42.45B.
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A total of 12 analysts have issued a hold rating and 9 have given it a buy rating. Brokers who have rated the stock have averaged $39.92 as their price target over the next twelve months.
A total of 0.06% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $32.41 for Suncor Energy, Inc. (NYSE: SU). During the past 12 months, Suncor Energy, Inc. has had a low of $27.59 and a high of $35.51. 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 $33.48 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 $0.98 by 0.13. 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 $9.21B in revenue.
