Canadian Natural Resources Limited (NYSE:CNQ) Analytical Review


Canadian Natural Resources Limited (NYSE:CNQ) has a 1 Year Target Estimate of $35.83. The stock traded with the volume of 2.62 Million in the last trading session. Canadian Natural Resources Limited opened at $31.1 and closed by showing a decrease of -2.36%. The Bid price in the last session was $31.01 x 7500 and the Ask price was $31.02 x 1500. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Canadian Natural Resources Limited has the Market Capitalization of 35.33 Billion. The Stock has its 52-week High of $33.29 and 52-Week Low of $14.6 and it touched its 52-week high on Oct 25, 2016 and 52-Week Low on Jan 20, 2016.

Canadian Natural Resources Limited reported its last Earnings on Nov 03 BMO where the company reported Actual EPS of $-0.32/Share whereas, the Analyst Estimated EPS was $-0.24/share. The difference between Actual EPS and Estimated EPS was $-0.08/share. This represented an Earnings Surprise of -33.3%.

Some analyst provided their insight on Growth Estimates; Canadian Natural Resources Limited has the Current Quarter Earnings Growth rate of 125%. The Next Quarter growth is expected to be 136%. In the past 5 years, the stock has earnings growth rate of -25.11% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 68.56% per annum.

10 number of analysts also provided their insight on Canadian Natural Resources Limited, where the Average Price Target for the stock is $35.83. They also projected Low Price Target as $33.97 while High Price Target is set at $38.52.

A number of analysts rated the stock as well: 3 analysts believe that the stock is a STRONG BUY while 6 reported it as Buy.2 analysts assigned a HOLD rating, 0 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Canadian Natural Resources Limited annual Divided is 0.75 while it’s Dividend Yield is 2.41%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 32.51. The company has its Price to Sales (P/S) ratio of 4.69 where Price to Book (P/B) ratio of 1.8, Price to Cash Per share (P/C) of 74.01 and Price to Free Cash Flow (P/FCF) has a value of 0.

The company has its Return on Assets (ROA) of -1.1 Percent. Return on Equity (ROE) stands at -2.4% and Return on Investment (ROI) displays a value of -1.4%.

The stock is currently trading at Distance from 20-Day simple moving Average of -1.34% whereas, Distance from 50-Day Simple moving average is -1.96 Percent and Distance from 200-Day Simple Moving Average of 5.67 percent.

A look at performance overview of Canadian Natural Resources Limited depicts that Performance (Week) is -5.69 percent while Performance Month is -4.26%. Quarterly performance shows a value of -1.69% and Half Year Performance value stands at 8.13%. Yearly performance of the stock has the value of 31.6 percent. Canadian Natural Resources Limited has its YTD performance of 44.73 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Director Shaw (William Joseph) did a transaction type “Buy” in which 4731 shares were traded at a price of $0. Another insider trade includes Director Raymond (Gilbert Terry) who also initiated a transaction in which 690 shares were traded on 11 Oct 2016 as “Buy”. On 11 Oct 2016 Director Mccarten (William W) traded 84 shares as “Buy” at $0. Director Mccarten (William W) Buy 79 shares on 11 Jul 2016 at the price of $0.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm BofA/Merrill on 19-Aug-16 who Initiated the stock  to Buy. Other firms have also Upgraded/Downgraded the stock. On 5-Aug-16, Macquarie took an action “Upgrade” from Neutral to Outperform. On 16-Jun-16, the stock was Upgrade to Top Pick by RBC Capital Mkts.