How does CNX Resources Corp (CNX) change from a tortoise to a hare?

With 2.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.59 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $30.63 whereas the lowest price it dropped to was $29.99. The 52-week range on CNX shows that it touched its highest point at $32.26 and its lowest point at $19.07 during that stretch. It currently has a 1-year price target of $26.36. Beta for the stock currently stands at 1.38.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CNX was up-trending over the past week, with a rise of 0.63%, but this was up by 10.05% over a month. Three-month performance surged to 24.76% while six-month performance rose 27.45%. The stock gained 37.91% in the past year, while it has gained 51.15% so far this year. A look at the trailing 12-month EPS for CNX yields 2.92 with Next year EPS estimates of 1.81. For the next quarter, that number is 0.31. This implies an EPS growth rate of -21.46% for this year and 21.67% for next year. EPS is expected to grow by 41.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.28%.

Float and Shares Shorts:

At present, 154.38 million CNX shares are outstanding with a float of 144.11 million shares on hand for trading. On 2024-09-13, short shares totaled 30.72 million, which was 2030.9999999999998 higher than short shares on 1723680000. In addition to Mr. Nicholas J. DeIuliis as the firm’s President, CEO & Director, Mr. Alan K. Shepard serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 1.12742 of CNX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CNX reported revenue of $307348000.0 and operating income of $5906000.0. The EBITDA in the recently reported quarter was $121021000.0 and diluted EPS was -$0.12.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CNX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.