Suncor Energy, Inc (NYSE: SU) is -0.22% lower on its value in year-to-date trading and has touched a low of $30.79 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 $35.08 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $35.60, the stock is 1.12% and -2.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.46 million and changing 1.48% at the moment leaves the stock -6.56% off its SMA200. SU registered -8.90% loss for a year compared to 6-month loss of -8.67%. The firm has a 50-day simple moving average (SMA 50) of $36.6822 and a 200-day simple moving average (SMA200) of $38.1009.
The stock witnessed a -7.48% gain in the last 1 month and extending the period to 3 months gives it a -9.67%, and is 5.29% up 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 2.33% over the week and 4.04% over the month.
Suncor Energy, Inc (SU) has around 15010 employees, a market worth around $44.04B and $37.01B in sales. Current P/E ratio is 10.32 and Fwd P/E is 10.49. Profit margin for the company is 11.90%. Distance from 52-week low is 15.62% and -15.13% from its 52-week high. The company has generated returns on investments over the last 12 months (10.93%).
with sales reaching $13.42B over the same period.The EPS is expected to shrink by -14.54% this year, but quarterly earnings will post 0.12% year-over-year. Quarterly sales are estimated to grow 7.08% in year-over-year returns.
951.0 institutions hold shares in Suncor Energy, Inc (SU), with institutional investors hold 71.34% of the company’s shares. The shares outstanding are 1.24B, and float is at 1.24B with Short Float at 0.86%. Institutions hold 71.34% 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 4.0356 of the shares totaling 51.78 million with a market value of $1.97 billion.
