Suncor Energy, Inc. (NYSE: SU): Retirees Don’t Worry About Volatility

Suncor Energy, Inc. (NYSE:SU) currently has a daily average trading volume of 4.27M but it saw 4827412 shares traded in last market. With a market cap of 49.37B USD, the company’s current market price of $38.36 came falling about -2.42 while comparing to the previous closing price of $39.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.32 and as low as $27.59.

Taking a look at 20-day trading activity of Suncor Energy, Inc. (SU) gives us an average price of $37.31, while its current price level is -2.44% below from 52-week high level whereas it is 39.04% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $34.98 while that of 200 days or SMA-200 reads an average of $32.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.03% during that period while stretching the period over a month that decreases to 1.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.58 which implies that the stock is in neutral territory.

Over the week, SU’s stock price is moving -0.54% down while it is 9.54% when we observe its performance for the past one month. Year-to-date it is 19.73% up and over the past year, the stock is showing an upside performance of 18.72%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.93 beat the consensus estimate of $0.81 for the same. For SU, analysts are forecasting an EPS-growth rate of -1.60% for current year and estimate for EPS growth in next year is 7.80%. In next quarter, company is expected to be making quarterly sales of $9.5 billion as analysts are expecting the sales for current fiscal year at $39.93 billion and seeing the company making $38 billion in sales next year. Moreover, analysts are in estimates of $9.89 billion for current-quarter revenue.

Currently, Suncor Energy, Inc.’s total number of outstanding shares is 1.29B with 0.01% of that held by the insiders while 67.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.90% and return on equity (ROE) at 19.84%. It has a price to earnings ratio (P/E ratio) of 8.18 while having a 10.24 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 1.51 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is 9.47% on average.