While Canadian Natural Resources Ltd has overperformed by 0.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CNQ rose by 5.96%, with highs and lows ranging from $37.91 to $24.65, whereas the simple moving average jumped by 6.57% in the last 200 days.
On April 09, 2025, Raymond James Upgraded Canadian Natural Resources Ltd (NYSE: CNQ) to Outperform. A report published by Scotiabank on March 19, 2025, Upgraded its rating to ‘Sector Outperform’ for CNQ. Desjardins April 23, 2024d its ‘Buy’ rating to ‘Hold’ for CNQ, as published in its report on April 23, 2024. Stifel also rated the stock as ‘Buy’.
Analysis of Canadian Natural Resources Ltd (CNQ)
Investors in Canadian Natural Resources Ltd will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $1.66 per share. Further, the quarter-over-quarter decrease in sales is -4.99%, showing a negative trend in the upcoming months.
One of the most important indicators of Canadian Natural Resources Ltd’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 20.18% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.54, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CNQ is recording 6.20M average volume. On a monthly basis, the volatility of the stock is set at 2.19%, whereas on a weekly basis, it is put at 2.05%, with a gain of 4.04% over the past seven days. Furthermore, long-term investors anticipate a median target price of $38.12, showing growth from the present price of $32.71, which can serve as yet another indication of whether CNQ is worth investing in or should be passed over.
How Do You Analyze Canadian Natural Resources Ltd Shares?
The Oil & Gas E&P market is dominated by Canadian Natural Resources Ltd (CNQ) based in the Canada. When comparing Canadian Natural Resources Ltd shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 11.59, there is a growth in quarterly earnings of 45.14%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.28%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 76.69% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
