The stock of Coterra Energy Inc (NYSE: CTRA) has decreased by -2.84 when compared to last closing price of 25.66. Despite this, the company has experienced a -6.70% fall in its stock price over the last five trading sessions. fool.com reported 2024-12-07 that When it comes to investing, especially for long-term stock investors, it is important to buy high-quality stocks at great valuations. In today’s video, I will discuss three stocks that appear cheap and could be good stock buys in December 2024 heading into 2025.
Is It Worth Investing in Coterra Energy Inc (NYSE: CTRA) Right Now?
The price-to-earnings ratio for Coterra Energy Inc (NYSE: CTRA) is 15.14x, which is above its average ratio. Moreover, the 36-month beta value for CTRA is 0.25. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 9 as “overweight,” 4 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CTRA is 722.72M and currently, short sellers hold a 2.26% of that float. On December 09, 2024, CTRA’s average trading volume was 5.97M shares.
CTRA’s Market Performance
The stock of Coterra Energy Inc (CTRA) has seen a -6.70% decrease in the past week, with a 1.55% rise in the past month, and a 9.34% gain in the past quarter. The volatility ratio for the week is 2.70%, and the volatility levels for the past 30 days are at 2.28% for CTRA. The simple moving average for the past 20 days is -4.44% for CTRA’s stock, with a -3.87% simple moving average for the past 200 days.
Analysts’ Opinion of CTRA
Many brokerage firms have already submitted their reports for CTRA stocks, with ROTH MKM repeating the rating for CTRA by listing it as a “Buy.” The predicted price for CTRA in the upcoming period, according to ROTH MKM is $29 based on the research report published on August 27, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see CTRA reach a price target of $35. The rating they have provided for CTRA stocks is “Outperform” according to the report published on July 18th, 2024.
BofA Securities gave a rating of “Buy” to CTRA, setting the target price at $34 in the report published on June 14th of the current year.
CTRA Trading at 0.27% from the 50-Day Moving Average
After a stumble in the market that brought CTRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.74% of loss for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares surge +2.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.11% upper at present.
During the last 5 trading sessions, CTRA fell by -6.70%, which changed the moving average for the period of 200-days by -5.32% in comparison to the 20-day moving average, which settled at $26.09. In addition, Coterra Energy Inc saw -2.31% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTRA starting from Smith Kevin William, who sale 29,643 shares at the price of $26.16 back on Dec 03 ’24. After this action, Smith Kevin William now owns 77,075 shares of Coterra Energy Inc, valued at $775,461 using the latest closing price.
Smith Kevin William, the Officer of Coterra Energy Inc, proposed sale 29,643 shares at $26.16 during a trade that took place back on Dec 03 ’24, which means that Smith Kevin William is holding shares at $775,377 based on the most recent closing price.
Stock Fundamentals for CTRA
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.33 for the gross margin
The net margin for Coterra Energy Inc stands at 0.23. The total capital return value is set at 0.08. Equity return is now at value 9.60, with 6.17 for asset returns.
Based on Coterra Energy Inc (CTRA), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 1.42. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 13.17.
Currently, EBITDA for the company is 3.84 billion with net debt to EBITDA at 0.43. When we switch over and look at the enterprise to sales, we see a ratio of 3.65. The receivables turnover for the company is 7.07for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.61.
Conclusion
To wrap up, the performance of Coterra Energy Inc (CTRA) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
