The price of Suncor Energy, Inc. (NYSE:SU) shares last traded on Wall Street fell -2.28% to $29.59.
Based on available information, 20 analysts follow 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 $31.70, we find $38.23. Given the previous closing price of $30.28, this indicates a potential upside of 26.25 percent. SU stock price is now -10.13% away from the 50-day moving average and -6.30% away from the 200-day moving average. The market capitalization of the company currently stands at $38.32B.
Among analysts, 11 rate the stock a hold while 9 rate it a buy. Brokers who have rated the stock have averaged $39.57 as their price target over the next twelve months.
A total of 0.06% of the company’s stock is owned by insiders.
A candlestick chart of Suncor Energy, Inc. (NYSE: SU) showed a price of $29.87 on Tuesday morning. 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 $32.93 and a two-hundred day moving average price translates $31.58 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 $1.12, beating analysts’ expectations of $0.98 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 $9.24B in revenue.
