The stock of Coterra Energy Inc (NYSE:CTRA) last traded at $24.56, down -3.72% from the previous session.
CTRA stock price is now -8.64% away from the 50-day moving average and -4.48% away from the 200-day moving average. The market capitalization of the company currently stands at $18.77B.
With the price target enhanced from $34 to $37, Johnson Rice Upgraded its rating from Hold to Accumulate for Coterra Energy Inc (NYSE: CTRA). On August 27, 2024, ROTH MKM Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $25 to quote $29, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Smith Kevin William, SVP & Chief Technology Officer sold 25,733 shares of the company’s stock on Mar 19 ’25. The stock was sold for $748,444 at an average price of $29.09. Upon completion of the transaction, the SVP & Chief Technology Officer now directly owns 106,114 shares in the company, valued at $2.61 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 19 ’25, Officer Smith Kevin William bought 25,733 shares of the business’s stock. A total of $748,444 was incurred on buying the stock at an average price of $29.09. A total of 1.88% of the company’s stock is owned by insiders.
During the past 12 months, Coterra Energy Inc has had a low of $22.30 and a high of $29.95. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 2.92, and a quick ratio of 2.88. According to the stock market information, the enterprise value for the company is $20539559936, which is based on a 16.36 price-to-earnings ratio, a 0.53 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for CTRA is $26.8834 and a two-hundred day moving average price translates $25.71305 for the stock.
The latest earnings results from Coterra Energy Inc (NYSE: CTRA) was released for 2024-12-31. The net profit margin was 20.51% and return on equity was 8.56% for CTRA. The company reported revenue of $1.4 billion for the quarter, compared to $1.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.59 percent. For the current quarter, analysts expect CTRA to generate $1.99B in revenue.
