Suncor Energy logged a 1.6% change during today's afternoon session, and is now trading at a price of $38.38 per share.
Suncor Energy returned gains of 24.8% last year, with its stock price reaching a high of $41.5 and a low of $28.07. Over the same period, the stock returned a similar cumulative performance to the S&P 500. The company's 50-day average price was $38.87.
Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally. Based in Calgary, Canada, the Large-Cap Energy company has 14,906 full time employees. Suncor Energy has offered a 5.6% dividend yield over the last 12 months.
Generally Positive Cash Flows and an Average Current Ratio:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $38,986 | $38,989 | $25,052 | $39,101 | $62,907 | $52,206 |
| Net Margins | 8% | 7% | -17% | 11% | 14% | 16% |
| Net Income (M) | $3,293 | $2,899 | -$4,319 | $4,119 | $9,077 | $8,295 |
| Net Interest Expense (M) | $741 | $875 | $930 | $851 | $814 | $726 |
| Depreciation & Amort. (M) | $5,738 | $10,572 | $9,526 | $5,850 | $8,786 | $6,435 |
| Earnings Per Share | $2.02 | $1.86 | -$2.83 | $2.77 | $6.53 | $6.33 |
| Avg. Price | $30.11 | $26.58 | $16.14 | $19.89 | $31.21 | $38.35 |
| P/E Ratio | 14.83 | 14.29 | -5.7 | 7.18 | 4.77 | 6.05 |
| Free Cash Flow (M) | $10,580 | $10,421 | $2,675 | $11,764 | $15,680 | $12,344 |
| Total Debt (M) | $13,890 | $12,884 | $13,812 | $13,989 | $9,800 | $11,087 |
| Current Ratio | 0.84 | 0.94 | 0.89 | 1.06 | 1.13 | 1.44 |
Suncor Energy's Earnings and Assets May Be Undervalued:
Suncor Energy has a trailing twelve month P/E ratio of 8.8, compared to an average of 14.36 for the Energy sector. Based on its EPS guidance of $4.35, the company has a forward P/E ratio of 8.9. The 11.6% compound average growth rate of Suncor Energy's historical and projected earnings per share yields a PEG ratio of 0.76. This suggests that its shares are undervalued. Additionally, the market is possibly undervaluing Suncor Energy in terms of its equity because its P/B ratio is 1.11 whereas the sector average is 2.1.
There's an Analyst Consensus of Some Upside Potential for Suncor Energy:
The 9 analysts following Suncor Energy have set target prices ranging from $36.56 to $57.76 per share, for an average of $44.42 with a buy rating. The company is trading -13.6% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Royal Bank of Canada, whose 5% stake in the company is worth $2,531,699,599.
