In the preceding three months, 10 analysts have released ratings for Coterra Energy CTRA, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 5 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 4 | 0 | 0 | 0 |
| 3M Ago | 2 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $32.5, a high estimate of $39.00, and a low estimate of $30.00. Highlighting a 0.37% decrease, the current average has fallen from the previous average price target of $32.62.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Coterra Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Josh Silverstein | UBS | Raises | Buy | $32.00 | $31.00 |
| Biju Perincheril | Susquehanna | Lowers | Positive | $30.00 | $31.00 |
| John Freeman | Raymond James | Raises | Outperform | $34.00 | $32.00 |
| Mark Lear | Piper Sandler | Lowers | Overweight | $33.00 | $35.00 |
| Derrick Whitfield | Stifel | Lowers | Buy | $33.00 | $37.00 |
| Mike Scialla | Stephens & Co. | Maintains | Overweight | $39.00 | - |
| Doug Leggate | B of A Securities | Announces | Buy | $31.00 | - |
| John Freeman | Raymond James | Lowers | Outperform | $32.00 | $34.00 |
| Josh Silverstein | UBS | Lowers | Buy | $31.00 | $33.00 |
| Scott Gruber | Citigroup | Raises | Buy | $30.00 | $28.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Coterra Energy. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Coterra Energy compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Coterra Energy's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Coterra Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Coterra Energy analyst ratings.
Get to Know Coterra Energy Better
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and NGLs. The company's operations are primarily concentrated in three core operating areas; the Permian Basin in west Texas and southeast New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin in the Mid-Continent region in Oklahoma.
Coterra Energy's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Negative Revenue Trend: Examining Coterra Energy's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -30.0% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Coterra Energy's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 26.0%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Coterra Energy's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.21%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Coterra Energy's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 2.05%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.19.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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