Cenovus Energy Inc [NYSE: CVE] jumped around 12189985.37 points on Monday, while shares priced at $12190000.0 at the close of the session, up 19615850%.
Cenovus Energy Inc stock is now -25.40% down from its year-to-date (YTD) trading value. CVE Stock saw the intraday high of $14.78 and lowest of $13.895 per share. The company’s 52-week high price is 20.76, which means current price is +36.07% above from all time high which was touched on 01/10/25.
Compared to the average trading volume of 12.19M shares, CVE reached a trading volume of 19615850 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Cenovus Energy Inc [CVE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CVE shares is $18.74 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CVE stock is a recommendation set at 1.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
National Bank Financial have made an estimate for Cenovus Energy Inc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on February 21, 2025. The new note on the price target was released on February 23, 2024, representing the official price target for Cenovus Energy Inc stock.
The Price to Book ratio for the last quarter was 1.22, with the Price to Cash per share for the same quarter was set at 1.06. Price to Free Cash Flow for CVE in the course of the last twelve months was 10.26 with Quick ratio for the last quarter at 0.84.
How has CVE stock performed recently?
Cenovus Energy Inc [CVE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.14. With this latest performance, CVE shares gained by 4.98% in over the last four-week period, additionally sinking by -5.75% over the last 6 months – not to mention a drop of -8.12% in the past year of trading.
Cenovus Energy Inc [CVE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Cenovus Energy Inc [CVE] shares currently have an operating margin of 8.18% and a Gross Margin at 9.55%. Cenovus Energy Inc’s Net Margin is presently recorded at 5.16%.
Return on Equity for this stock inclined to 5.10%, with Return on Assets sitting at 5.10%.
Earnings analysis for Cenovus Energy Inc [CVE]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CVE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cenovus Energy Inc go to 18.80%.
Insider trade positions for Cenovus Energy Inc [CVE]
There are presently around $52.27%, or 75.42%% of CVE stock, in the hands of institutional investors. The top three institutional holders of CVE stocks are: CAPITAL WORLD INVESTORS with ownership of 125.42 million shares, which is approximately 6.7454%. CAPITAL RESEARCH GLOBAL INVESTORS, holding 88.45 million shares of the stock with an approximate value of $$1.74 billion in CVE stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $$1.16 billion in CVE stock with ownership which is approximately 3.1618%.
