Suncor Energy, Inc. (NYSE: SU) has a price-to-earnings ratio that is above its average at 7.06x. and a 36-month beta value of 1.22. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 0 as “overweight,” 12 as “hold,” and 0 as “sell.”
The average price predicted for Suncor Energy, Inc. (SU) by analysts is $39.85, which is $7.42 above the current market price. The public float for SU is 1.30B, and at present, short sellers hold a 1.85% of that float. On November 17, 2023, the average trading volume of SU was 4.94M shares.
SU) stock’s latest price update
Suncor Energy, Inc. (NYSE: SU) has experienced a decline in its stock price by -2.88 compared to its previous closing price of 33.35. However, the company has seen a fall of -0.40% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-15 that While investing in companies that pay relatively high dividends provides you with several benefits, it often comes attached to an elevated risk-level. A careful selection process is essential for identifying high yield companies that pay sustainable dividends, have significant competitive advantages, are financially healthy, and have an attractive valuation. In today’s article, I will present you with 10 high dividend yield companies which I believe are presently appealing for investors, and worth considering investing in.
SU’s Market Performance
Suncor Energy, Inc. (SU) has experienced a -0.40% fall in stock performance for the past week, with a -6.20% drop in the past month, and a -2.15% drop in the past quarter. The volatility ratio for the week is 2.15%, and the volatility levels for the past 30 days are at 2.47% for SU. The simple moving average for the last 20 days is -2.15% for SU’s stock, with a simple moving average of 2.20% for the last 200 days.
SU Trading at -3.85% from the 50-Day Moving Average
After a stumble in the market that brought SU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.39% of loss for the given period.
Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.15%, as shares sank -6.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.24% lower at present.
During the last 5 trading sessions, SU fell by -0.40%, which changed the moving average for the period of 200-days by -5.68% in comparison to the 20-day moving average, which settled at $33.00. In addition, Suncor Energy, Inc. saw 2.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SU
Current profitability levels for the company are sitting at:
- +23.87 for the present operating margin
- +42.57 for the gross margin
The net margin for Suncor Energy, Inc. stands at +15.56. The total capital return value is set at 25.14, while invested capital returns managed to touch 17.15. Equity return is now at value 20.75, with 9.74 for asset returns.
Based on Suncor Energy, Inc. (SU), the company’s capital structure generated 40.72 points at debt to equity in total, while total debt to capital is 28.94. Total debt to assets is 18.95, with long-term debt to equity ratio resting at 32.79. Finally, the long-term debt to capital ratio is 23.30.
When we switch over and look at the enterprise to sales, we see a ratio of 1.46, with the company’s debt to enterprise value settled at 0.22. The receivables turnover for the company is 10.63 and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
To sum up, Suncor Energy, Inc. (SU) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.