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5-day change | 1st Jan Change | ||
27.4 CAD | +0.15% | +0.70% | +24.09% |
May. 02 | Cenovus Energy's Price Target Lifted to C$33 from C$32 by RBC Capital Markets | MT |
May. 02 | RBC Raises Price Target on Cenovus Energy to CA$33 From CA$32, Keeps Outperform Rating | MT |
Summary
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- Its low valuation, with P/E ratio at 9.59 and 8.61 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
- With regards to fundamentals, the enterprise value to sales ratio is at 0.92 for the current period. Therefore, the company is undervalued.
- The company has a low valuation given the cash flows generated by its activity.
- For the past twelve months, EPS forecast has been revised upwards.
- Analysts covering this company mostly recommend stock overweighting or purchase.
- The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
- Over the past four months, analysts' average price target has been revised upwards significantly.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
Weaknesses
- According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
- Revenue estimates are regularly revised downwards for the current and coming years.
- For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
- The group usually releases earnings worse than estimated.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Integrated Oil & Gas
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+24.09% | 37.17B | B | ||
-9.24% | 1,939B | B | ||
+48.64% | 245B | B | ||
+7.82% | 225B | C+ | ||
+6.66% | 163B | C+ | ||
-1.15% | 95.53B | C+ | ||
-3.63% | 83.25B | A- | ||
+29.92% | 52.13B | C+ | ||
-.--% | 51.95B | - | C | |
-5.60% | 50.01B | A- |
Financials
Valuation
Momentum
Consensus
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Environment
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Technical analysis
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- Ratings Cenovus Energy Inc.