With 7.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.92 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $25.755 whereas the lowest price it dropped to was $25.25. The 52-week range on CTRA shows that it touched its highest point at $28.90 and its lowest point at $22.30 during that stretch. It currently has a 1-year price target of $33.04. With its current market cap of 18.90 billion, CTRA has annualized dividend of $0.84 while the current yield stands at 3.27%. Beta for the stock currently stands at 0.25.
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Price Performance and Earnings:
Three-month performance surged to 12.64% while six-month performance fell -5.45%. The stock gained 5.08% in the past year, while it has gained 0.55% so far this year. A look at the trailing 12-month EPS for CTRA yields 1.65 with Next year EPS estimates of 2.96. For the next quarter, that number is 0.43. This implies an EPS growth rate of -28.54% for this year and 83.04% for next year. EPS is expected to grow by 10.06% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.36%.
Float and Shares Shorts:
At present, 736.00 million CTRA shares are outstanding with a float of 722.67 million shares on hand for trading. On 2024-11-29, short shares totaled 17.14 million, which was 233.0 higher than short shares on 1730332800. In addition to Mr. Thomas E. Jorden as the firm’s CEO, President & Chairman, Mr. Shannon E. Young III serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.90646005 of CTRA’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 2024-09-30, CTRA reported revenue of $1359000000.0 and operating income of $324000000.0. The EBITDA in the recently reported quarter was $817000000.0 and diluted EPS was $0.34.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CTRA since 11 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CTRA analysts setting a high price target of 38.0 and a low target of 29.0, the average target price over the next 12 months is 32.9868. Based on these targets, CTRA could surge 48.09% to reach the target high and rise by 13.02% to reach the target low. Reaching the average price target will result in a growth of 28.55% from current levels.
Analysts have provided yearly estimates in a range of $1.67567 being high and $1.53434 being low. For CTRA, this leads to a yearly average estimate of $1.6151.
