CNX Resources Corporation (NYSE:CNX) changes shares on Tuesday trading session, with a change of 1.38% or $0.14 shares. The trading starts at $10.08 and closed at $10.15 throughout the day. The trading session low price was $9.78 and day high was $10.545 on Tuesday, August 04. After the session, the Energy sector daily volume shifted to 5.91 million while its average volume is 4.43M. In other hand, the CNX market cap reached to $1.87B. While, its current target price is $12.13.
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Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 11.61% and up 14.33% for month. Its quarterly performance was -4.37% below, while its half year performance is up 41.93%. CNX yearly performance stood at positive 50.66% and rise 16.27% for year-to-date. Current recommendation for CNX Resources Corporation is 2.40.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CNX EPS (TTM) for 12-month is -1.67. EPS for this year is -111.40%, while for the next year its value is 0.80. Its EPS Q/Q reached -298.10%. It has an EPS of -21.00% down for past five years and for the next five years will be up 35.70%.
Let’s take a look on the analyst recommendations on CNX for the current month and previous month. For the current month, 4 of 9 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 9 analysts participate in stock recommendation. Out of 9, 0 rated it sell, 3 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $10.00 – $15.00. Average target price for CNX was reached at $12.13.
Southeastern Asset Management Inc/tn/, Blackrock Inc. and Dimensional Fund Advisors LP are the top three holders in CNX Resources Corporation (CNX) stock. On Mar 30, 2020, Southeastern Asset Management Inc/tn/ has 48.31 million shares which valued 256.99 million. On Mar 30, 2020, Blackrock Inc. owned 21.75 million shares which valued at 115.69 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 15.48 million shares which valued at 82.37 million. In the end, Dimensional Fund Advisors LP have 8.28% shares outstanding of CNX Resources Corporation (CNX) on Mar 30, 2020. The insider ownership moved to 1.40% and institutional holding shifted to 90.30%.
The company posted an EPS (TTM) of -1.67. According to the most recent quarter report on (Sep 2020), 9 analysts estimated an average EPS of -0.04, while 0 EPS posted a year ago period. Analyst Estimated EPS for CNX published in the report was -$0.27 – $0.07 during the same period. Comparing with last year, the average estimated EPS was 0 which is lower than 0.13 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CNX rise 23.65% for period of 200 days. SMA for 50 days was 7.83% which is showing green signal, while SMA-20 was 14.58%. The moving average value for CNX Resources Corporation (CNX) is 8.51 and 9.13 for 200 and 50 days respectively.