20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
In the preceding three months, 15 analysts have released ratings for Coterra Energy (NYSE:CTRA), presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 8 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 3 | 2 | 2 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 4 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $32.53, a high estimate of $39.00, and a low estimate of $26.00. Observing a 1.4% increase, the current average has risen from the previous average price target of $32.08.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Coterra Energy's perception among financial experts is painted with a thorough analysis 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 | Announces | Overweight | $36.00 | - |
| Neal Dingmann | Truist Securities | Lowers | Hold | $27.00 | $30.00 |
| Arun Jayaram | JP Morgan | Raises | Overweight | $30.00 | $29.00 |
| Nitin Kumar | Mizuho | Maintains | Buy | $34.00 | $34.00 |
| Devin McDermott | Morgan Stanley | Lowers | Equal-Weight | $26.00 | $27.00 |
| Derrick Whitfield | Stifel | Lowers | Buy | $31.00 | $33.00 |
| Nitin Kumar | Mizuho | Lowers | Buy | $34.00 | $35.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $34.00 | $30.00 |
| Mark Lear | Piper Sandler | Raises | Overweight | $35.00 | $33.00 |
| 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 | - |
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: Understanding forecasts, analysts offer estimates for Coterra Energy's future value. Examining the current and prior targets provides insight into analysts' changing 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 Challenges: Coterra Energy's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -30.0%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 26.0%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Coterra Energy's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.21%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 2.05%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Coterra Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.19, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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