According to Zacks, “Cenovus Energy is an integrated oil company headquartered in Calgary, Alberta”. The stock has “Neutral” rating by Nomura on Thursday, January 21. WFG Advisors LP boosted its position in Cenovus Energy by 101.4% in the fourth quarter.
Several hedge funds have recently modified their holdings of CVE. As per Monday, January 23, the company rating was downgraded by Goldman Sachs. TradeLink Capital LLC acquired a new stake in shares of Cenovus Energy during the first quarter valued at approximately $497,000. Stephens Investment Management Group Llc, a Texas-based fund reported 2.68 million shares. British Columbia Investment Management Corp raised its stake in shares of Cenovus Energy by 23.7% in the first quarter. Also, insider Judy Fairburn purchased 3,600 shares of the company’s stock in a transaction that occurred on Friday, April 28th. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Cenovus Energy by 0.4% in the fourth quarter. Credit Agricole S A now owns 120,220 shares of the oil and gas company’s stock worth $1,819,000 after buying an additional 16,043 shares during the last quarter. World Asset Management Inc now owns 51,918 shares of the oil and gas company’s stock worth $587,000 after buying an additional 695 shares during the last quarter.
Let’s have a look at some of the important valuation ratios of the Cenovus Energy Inc (CVE). The company has market cap of $127.70 million. The stock has a 50 day moving average of $12.15 and a 200-day moving average of $16.23.
While looking at the Stock’s Performance, Cenovus Energy Inc. now shows a Weekly Performance of 6.22%, where Monthly Performance is -1.41%, Quarterly performance is -25.73%, 6 Months performance is -47.18% and yearly performance percentage is -46.37%.
So the company beats the analysts estimate by $0.02/share showing a surprise of 33.3%. The company now has a Return on Equity of -1.9% and a Return on Investment of 0.2%. The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $3.21 billion. Next quarter’s EPS is expected be $0.02 and the next full year EPS is projected to be $0.36. Stockholders of record on Thursday, June 15th were paid a dividend of $0.0371 per share. This represents a $0.15 dividend on an annualized basis and a yield of 2.15%.
06/21/2017 – Cenovus Energy Inc was upgraded to ” by analysts at Canaccord Genuity.
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More notable recent Cenovus Energy Inc (USA) (NYSE:CVE) news were published by: Fool.ca which released: “Cenovus Energy Inc”.
CVE has been the subject of a number of research analyst reports. Cenovus Energy Inc (TSE:CVE) has 0.00% since July 21, 2016 and is.
12/09/2016 – Cenovus Energy Inc had its ” rating reiterated by analysts at RBC Capital.
Among 11 analysts covering Cenovus Energy Inc (TSE:CVE), 4 have Buy rating, 2 Sell and 5 Hold. On December 13, 2016 the stock rating was set at “Hold” in a report from Edward Jones which was a cut from the previous “Buy” rating. Finally, TD Securities raised shares of Cenovus Energy from a “hold” rating to a “buy” rating in a research report on Friday, March 24th.
Cenovus Energy Inc (CVE) now has P/E (Price to Earnings) ratio of 0 while the company’s industry has 27.08 P/E and the sector P/E is 16.22.
Cenovus Energy Inc (NYSE:CVE) has grabbed attention from the analysts, when it saw a value increase of 2.67% or 0.2 points in the last trading session to close at $7.68.