End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
23.49 CAD | -0.25% |
|
+0.30% | +3.39% |
06/06 | CENOVUS ENERGY CEO SAYS CARBON TAX CAN WORK TO REDUCE EMISSIONS… | RE |
02/05 | Cenovus Energy's Price Target Lifted to C$33 from C$32 by RBC Capital Markets | MT |
Summary
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- Its low valuation, with P/E ratio at 8.94 and 7.89 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
- The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
- Given the positive cash flows generated by its business, the company's valuation level is an asset.
- Sales forecast by analysts have been recently revised upwards.
- For several months, analysts have been revising their EPS estimates roughly upwards.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
- The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
- Consensus analysts have strongly revised their opinion of the company over the past 12 months.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
Weaknesses
- According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
- The group usually releases earnings worse than estimated.
Ratings chart - Surperformance
Sector: Integrated Oil & Gas
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+3.39% | 33.86B | - | ||
-15.45% | 1,786B | B | ||
+47.48% | 240B | B | ||
+5.42% | 219B | C+ | ||
-0.29% | 152B | C+ | ||
-6.87% | 86.27B | C+ | ||
-10.07% | 79.08B | A- | ||
-.--% | 52.39B | - | C | |
+18.40% | 47.01B | C+ | ||
-11.99% | 46.06B | A- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Technical analysis
- Stock Market
- Equities
- CVE Stock
- CVE.PRE Stock
- Ratings Cenovus Energy Inc.