Suncor Energy (TSE:SU) (NYSE:SU) will be releasing its earnings data after the market closes on Wednesday, February 2nd. Analysts expect Suncor Energy to post earnings of C$1.15 per share for the quarter.
Suncor Energy (TSE:SU) (NYSE:SU) last issued its quarterly earnings results on Wednesday, October 27th. The company reported C$0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.73 by C($0.02). The company had revenue of C$10.21 billion for the quarter, compared to the consensus estimate of C$11.44 billion.
Shares of TSE SU opened at C$34.86 on Wednesday. Suncor Energy has a 1 year low of C$21.07 and a 1 year high of C$36.65. The stock has a market cap of C$50.79 billion and a P/E ratio of 21.91. The firm has a 50-day moving average of C$32.42 and a 200 day moving average of C$28.71. The company has a debt-to-equity ratio of 52.29, a current ratio of 0.99 and a quick ratio of 0.58.
A number of research firms have weighed in on SU. The Goldman Sachs Group raised their price objective on shares of Suncor Energy from C$27.00 to C$28.00 and gave the company a “buy” rating in a research note on Tuesday, October 19th. BMO Capital Markets raised their price objective on shares of Suncor Energy from C$39.00 to C$43.00 and gave the company an “outperform” rating in a research note on Friday, October 29th. Credit Suisse Group lifted their price target on shares of Suncor Energy to C$45.00 and gave the stock an “outperform” rating in a research note on Thursday, January 6th. National Bank Financial lifted their price target on shares of Suncor Energy from C$39.00 to C$45.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 6th. Finally, JPMorgan Chase & Co. reiterated a “na” rating and issued a C$42.00 price target (up from C$39.00) on shares of Suncor Energy in a research note on Thursday, December 9th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, Suncor Energy currently has an average rating of “Buy” and an average target price of C$39.33.
Suncor Energy Company Profile
Suncor Energy Inc operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada.
Recommended Story: Initial Coin Offering (ICO)
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Suncor Energy right now?
Before you consider Suncor Energy, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Suncor Energy wasn’t on the list.
While Suncor Energy currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
Â
