Suncor Energy Inc. (NYSE:SU) does about 4.95M shares in volume on a normal day but saw 5103802 shares change hands in Monday trading. The company now has a market cap of 24.23B USD and an enterprise value of about $40.22B. Its current market price is $16.03, marking a decrease of -3.43% compared to the previous close of $16.60. The 52 week high reached by this stock is $34.56 whilst the lowest price level in 52 weeks is $9.60. The script in recent trading has seen the stock touch a high of $16.75 and a low of $16.03.
Suncor Energy Inc. (SU) has a 20-day trading average at $16.58 and the current price is -53.62% off the 52-week high compared with 66.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $16.67 and its 200-day simple moving average is $22.19. If we look at the stock’s price movements over the week, volatility stands at 3.14%, which decreases to 2.95% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.00 to suggest the stock is neutral.
The median price target is 30.85% away from the current levels at $23.18.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 11, 2020 when Scotiabank upgraded the stock to “Sector Outperform” and issued a price target of . Evercore ISI downgraded the stock to “In-line” from Outperform on April 03, 2019 at a price target of .
The current price level is -3.34%, -3.96%, and -28.03% away from its SMA20, SMA50, and SMA200 respectively, with the SU price moving above the 50-day SMA on August 31. Suncor Energy Inc. (SU) stock is down -3.32% over the week and 1.71% over the past month. Its price is -51.13% year-to-date and -45.16% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/30/2017, with the company’s earnings per share (EPS) of $0.62 above consensus estimates by $0.06. SU’s earnings per share are forecast to grow by 15.90% this year and 14.30% over next year. Expected sales for next quarter are $7.03 billion, which analysts say will come at $29.45 billion for the current fiscal year and next year at $29.1 billion. In addition, estimates put the company’s current quarterly revenue at an average of $7.54 billion.
Outstanding shares total 1.53B with insiders holding 0.01% of the shares and institutional holders owning 72.46% of the company’s common stock. The company has a return on investment of 3.90% and return on equity of -13.50%. The forward price to earnings ratio is 24.55. The beta has a value of 1.42. Price to book ratio is 0.88 and price to sales ratio is 1.03.
According to a U.S. Securities and Exchange Commission filing, Dodge & Cox Funds – International has added its position in Suncor Energy Inc. (SU) to 47,885,854 shares, mirroring a recent increase by 17.31%. Dodge & Cox Funds – International added 7.07 million shares of Suncor Energy Inc. common stock bringing its total worth to about $754.68 million at the end of recent close, SEC documents show. Dodge & Cox Funds – International isn’t the only investment manager who changed stakes and is followed by Vanguard Total International Stoc, which sold off -0.23 million shares to end up with 25,830,346 shares worth $407.09 million. Government Pension Fund – Global raise their holdings by 9.02% in the company over the course of the most recent quarter. It now holds a 1.16% position in Suncor Energy Inc. thanks to 17.63 million shares amounting to $277.84 million.