Suncor Energy, Inc (NYSE: SU) is -0.06% lower on its value in year-to-date trading and has touched a low of $33.81 and a high of $41.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SU stock was last observed hovering at around $35.74 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $35.66, the stock is -6.51% and -6.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.86 million and changing -0.22% at the moment leaves the stock -7.35% off its SMA200. SU registered 2.15% gain for a year compared to 6-month gain of -6.16%.
The stock witnessed a -7.23% loss in the last 1 month and extending the period to 3 months gives it a -7.30%, and is -1.46% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.94% over the week and 2.54% over the month.
Suncor Energy, Inc (SU) has around 15010 employees, a market worth around $44.12B and $37.01B in sales. Current P/E ratio is 10.34 and Fwd P/E is 9.60. Profit margin for the company is 11.90%. Distance from 52-week low is 5.47% and -14.98% from its 52-week high. The company has generated returns on investments over the last 12 months (10.93%).
with sales reaching $13.1B over the same period.The EPS is expected to shrink by -10.26% this year, but quarterly earnings will post -2.99% year-over-year. Quarterly sales are estimated to grow 4.56% in year-over-year returns.
Suncor Energy, Inc (SU) Top Institutional Holders
The shares outstanding are 1.24B, and float is at 1.24B with Short Float at 0.83%.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 63.81 million shares valued at $2.43 billion. The investor’s holdings represent 4.9545% of the SU Shares outstanding. As of 2024-06-30, the second largest holder is SANDERS CAPITAL, LLC with 57.92 million shares valued at $2.21 billion to account for 4.5142 of the shares outstanding. The other top investors are ELLIOTT INVESTMENT MANAGEMENT L.P. which holds 52.67 million shares representing 4.1053% and valued at over $2.01 billion, while VANGUARD GROUP INC holds 4.0199 of the shares totaling 51.78 million with a market value of $1.97 billion.
Suncor Energy, Inc (SU) Insider Activity
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