Stock Updates

Is this Large Market Cap Stock target price reasonable for Canadian Natural Resources Limited (NYSE:CNQ)?

The company in question is, Canadian Natural Resources Limited (NYSE:CNQ) currently with a stock price of 32.2 (1.10% today). The market cap for Canadian Natural Resources Limited is 34667.16, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Canadian Natural Resources Limited is 35.81. Currently Canadian Natural Resources Limited is trading with a P/E of *TBA, and a forward P/E of 33.89. Average volume for Canadian Natural Resources Limited is 2304.8 and so far today it is 2254200.

Performance in the last year for Canadian Natural Resources Limited has been 60.44%. For EPS growth, Canadian Natural Resources Limited has seen a growth of -116.30%, and is looking to grow in the next year to 268.40%. More long term stats show that EPS growth has been -18.90% over the last five years and could be 76.54% for the next five years. Canadian Natural Resources Limited has seen sales growth quarter over quarter at -25.40%, with EPS growth quarter over quarter at 16.60%. The 20-day simple moving average is 3.25%, with the 200-day simple moving average coming to 22.47%.

Since the IPO date for Canadian Natural Resources Limited on the 7/31/2000, Canadian Natural Resources Limited has seen performance year to date to be 49.39%. With Canadian Natural Resources Limited trading at 32.2, the dividend yield is 2.17%, and the EPS is -0.3.

So could Canadian Natural Resources Limited, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 4.27 and the P/B is at 1.78. The P/cash is 78.43, with P/free cash flow at *TBA.

Canadian Natural Resources Limited ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.6. This is with long term debt/equity at 0.57, and total debt/equity at 0.66.

In terms of margins, Canadian Natural Resources Limited has a gross margin of 39.70%, an operating margin of -10.30% and a profit margin of -4.00%.Payout ratio for Canadian Natural Resources Limited is *TBA. Return on assets come to -0.70% with return on investment coming to -1.40%.

Insider ownership for Canadian Natural Resources Limited, is at 3.30% and institutional ownership comes to 66.60%. Outstanding shares are at 1076.62. While shares float is 1076.34. The float short is currently 1.43%, and short ratio is 6.66.

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

Peter Clarke

Leave a Comment