Suncor Energy, Inc (NYSE: SU) is -7.20% lower on its value in year-to-date trading and has touched a low of $32.78 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 $33.20 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $33.11, the stock is -11.02% and -12.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.07 million and changing -0.27% at the moment leaves the stock -13.64% off its SMA200. SU registered -14.16% loss for a year compared to 6-month loss of -16.20%. The firm has a 50-day simple moving average (SMA 50) of $37.81 and a 200-day simple moving average (SMA200) of $38.33795.
The stock witnessed a -7.36% gain in the last 1 month and extending the period to 3 months gives it a -9.11%, and is -14.49% 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 5.04% over the week and 2.88% over the month.
Suncor Energy, Inc (SU) has around 15010 employees, a market worth around $40.96B and $37.01B in sales. Current P/E ratio is 9.60 and Fwd P/E is 9.48. Profit margin for the company is 11.90%. Distance from 52-week low is 1.01% and -21.06% from its 52-week high. The company has generated returns on investments over the last 12 months (10.93%).
with sales reaching $13.39B over the same period.The EPS is expected to shrink by -12.51% this year, but quarterly earnings will post -2.09% year-over-year. Quarterly sales are estimated to grow 6.89% in year-over-year returns.
Suncor Energy, Inc (SU) Top Institutional Holders
946.0 institutions hold shares in Suncor Energy, Inc (SU), with institutional investors hold 71.36% of the company’s shares. The shares outstanding are 1.24B, and float is at 1.24B with Short Float at 1.08%. Institutions hold 71.35% of the Float.
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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