Suncor Energy, Inc. (SU) Stock: Assessing the Risk and Reward

The stock of Suncor Energy, Inc. (SU) has gone down by -2.00% for the week, with a 4.83% rise in the past month and a -0.91% drop in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are 2.13% for SU. The simple moving average for the past 20 days is -0.13% for SU’s stock, with a 3.68% simple moving average for the past 200 days.

Is It Worth Investing in Suncor Energy, Inc. (NYSE: SU) Right Now?

Suncor Energy, Inc. (NYSE: SU) has a higher price-to-earnings ratio of 8.95x compared to its average ratio, The 36-month beta value for SU is at 1.14. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for SU is 1.27B, and currently, shorts hold a 0.76% of that float. The average trading volume for SU on October 15, 2024 was 3.89M shares.

SU) stock’s latest price update

Suncor Energy, Inc. (NYSE: SU)’s stock price has gone decline by -3.86 in comparison to its previous close of 40.04, however, the company has experienced a -2.00% decrease in its stock price over the last five trading days. zacks.com reported 2024-10-14 that Suncor Energy (SU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Analysts’ Opinion of SU

Wolfe Research gave a rating of “Outperform” to SU, setting the target price at $68 in the report published on July 18th of the current year.

SU Trading at -1.27% 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 -8.23% of loss for the given period.

Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +3.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.32% upper at present.

During the last 5 trading sessions, SU fell by -2.24%, which changed the moving average for the period of 200-days by +20.41% in comparison to the 20-day moving average, which settled at $38.54. In addition, Suncor Energy, Inc. saw 20.15% 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:

  • 0.18 for the present operating margin
  • 0.44 for the gross margin

The net margin for Suncor Energy, Inc. stands at 0.14. The total capital return value is set at 0.12. Equity return is now at value 17.55, with 8.54 for asset returns.

Based on Suncor Energy, Inc. (SU), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.27. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 9.82.

Currently, EBITDA for the company is 15.64 billion with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 7.14for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.

Conclusion

In conclusion, Suncor Energy, Inc. (SU) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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