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Cenovus Energy Inc. (NYSE: CVE) – Is this large market cap stock undervalued?

Cenovus Energy Inc. (NYSE: CVE), is firmly in the large market cap category with market cap of 12942.92. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Cenovus Energy Inc. is 15.5 (with a change from open of 2.38%), this in conjunction with a target price of 16.19. Volume today has so far reached 840172, with an average volume of about 1802.8. The GAP for this stock, is -1.11%.

The P/E ratio is 21.75, bringing the forward P/E to a value of *TBA. The current EPS for Cenovus Energy Inc., is 0.7, with a EPS growth for this year coming to a value of -23.10%. Performance has been interesting with performance year to date coming to 21.32%.

Looking further into the growth statistics for Cenovus Energy Inc., EPS is looking like it will grow 81.40% in the next year. Looking even further it is projected to be 53.12%. Quarter over quarter is 51.30% for EPS growth and for sales growth quarter over quarter it is -56.20%. Looking at past EPS growth statistics we see that for the past five years it has been -12.00%. Sales growth for the past five years has in fact been 0.70%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 73.10%. Shares outstanding is 845.39, while shares float is at a value of 832.67. Float short for Cenovus Energy Inc. is 1.09% and the short ratio is 5.02.

In terms of debt, long term debt/equity is 0.53, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 2.9, and the quick ratio is 2.4. The most recent gross margin is 41.20% and their operating margin is 7.60%. The profit margin is 6.80%.

Cenovus Energy Inc. has seen returns on assets of 3.00%, and on investment, 8.70%. Return on equity is 6.30%. Price/Earnings to growth ratio is 0.41. Price/Sales ratio is at a value of 1.49, with Price/book ratio coming to 1.44 and Price/cash is 4.53, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 6.62% and 13.65% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -7.79% and the 52 week low is 70.33%.

Cenovus Energy Inc. has a dividend yield of 0.98%, with a current price of 15.5. The ability to pay this means the payout ratio is 45.20%. This is in an industry, Oil & Gas Drilling & Exploration, with equally high dividends from other companies in this sector, which it is Basic Materials. Cenovus Energy Inc. is based in Canada.

Performance in the Oil & Gas Drilling & Exploration industry means that Cenovus Energy Inc. has seen performance for the past week of 4.01%, with performance for the month coming to 11.26%. Looking at the data for the quarter it is at a value of 7.36%, and for the half year the performance is -6.19%. Volatility for this week is 2.22% and for the month this is 2.89%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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