10 Analysts Assess Coterra Energy: What You Need To Know

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10 analysts have shared their evaluations of Coterra Energy CTRA during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 6 1 0 0
Last 30D 0 1 0 0 0
1M Ago 2 2 1 0 0
2M Ago 1 1 0 0 0
3M Ago 0 2 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $36.0, along with a high estimate of $41.00 and a low estimate of $28.00. Observing a 7.14% increase, the current average has risen from the previous average price target of $33.60.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

The standing of Coterra Energy among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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
Betty Jiang Barclays Raises Overweight $37.00 $36.00
Josh Silverstein UBS Raises Buy $37.00 $35.00
Neil Mehta Goldman Sachs Raises Buy $37.00 $33.00
Lloyd Byrne Jefferies Raises Hold $28.00 $26.00
Betty Jiang Barclays Raises Overweight $36.00 $33.00
Mark Lear Piper Sandler Raises Overweight $34.00 $33.00
John Freeman Raymond James Raises Outperform $41.00 $35.00
Neal Dingmann Truist Securities Raises Buy $37.00 $33.00
Mark Lear Piper Sandler Lowers Overweight $33.00 $35.00
Nitin Kumar Mizuho Raises Outperform $40.00 $37.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Coterra Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Coterra Energy compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Coterra Energy's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Coterra Energy's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Coterra Energy analyst ratings.

Unveiling the Story Behind Coterra Energy

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: Delving into Financials

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Coterra Energy's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.22%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.

Net Margin: Coterra Energy's net margin is impressive, surpassing industry averages. With a net margin of 18.47%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Coterra Energy's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.93%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Coterra Energy's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.23%, the company may face hurdles in achieving optimal financial performance.

Debt Management: With a below-average debt-to-equity ratio of 0.18, Coterra Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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