Stock Updates

A look at a High Market Cap Stock: Cenovus Energy Inc., CVE

Cenovus Energy Inc., CVE is in the exchange NYSE and its industry is Oil & Gas Drilling & Exploration in the sector of Basic Materials. Based in Canada, Cenovus Energy Inc., CVE  has a market cap of 12596.31. Since its IPO date on the 11/17/2009, Cenovus Energy Inc., CVE performance year to date is 18.07%. Today Cenovus Energy Inc., CVE has gained -1.52%, with a current price of 14.9.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 73.10%. The management of the company have seen the company have a payout ratio of 45.20%. Return of assets are at 3.00%, with return on investment at 8.70%.

In terms of debt levels and profit levels, Cenovus Energy Inc., CVE is seeing a long-term debt/equity of 0.53. While Total debt/equity is 0. With a profit margin of 6.80%, this is combined with a gross margin of 41.20%, and operating margin of 7.60%. Cenovus Energy Inc. ability to meet debt levels, with a current ratio of 2.9, while the quick ratio is 2.4.

For the last year Cenovus Energy Inc., CVE has seen a EPS growth of -23.10%. A performance for the year of -12.71%. The 52-week high is -13.52%, and the 52-week low is 63.74%. The average volume for Cenovus Energy Inc., CVE is 1694029.

With a target price of 16.19, can Cenovus Energy Inc., CVE reach this target? Looking at the value indicators of Cenovus Energy Inc., CVE. Cenovus Energy Inc. has a P/E of 21.16 and a forward P/E of *TBA. Perhaps the more useful indicator than P/E, is PEG which has a value of 0.4. Cenovus Energy Inc. also has a P/S and a P/B of 1.45 and 1.41 respectively. For P/cash, Cenovus Energy Inc. has a value of 4.4, while it is *TBA for P/free cash flow.

At the current price of 14.9, Cenovus Energy Inc. has a dividend yield of 1.01%. We see a return on equity of 6.30%.

Looking more long-term Cenovus Energy Inc., is projected to get an EPS growth for the next five years of 53.12%. In the short-term an EPS growth of 81.40% in the next year is forecasted. This is after a EPS growth of -23.10% for this year and for the last five years a -12.00% growth has been seen.

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.

About the author

Tony Dabbs

Leave a Comment