Economy

Cenovus Energy Inc (CVE) Director Acquires C$332500.00 in Stock

Many analysts are providing their Estimated Earnings analysis for Cenovus Energy Inc. and for the current quarter 6 analysts have projected that the stock could give an Average Earnings estimate of $0.09/share. The legal version of this news story can be read at https://baseballnewssource.com/markets/cenovus-energy-inc-cve-given-new-c14-50-price-target-at-cibc/1689469.html.

A number of equities analysts recently commented on CVE shares. The value of the investment in (CVE) decreased from $4,981,000 to $3,480,000 a change of $1,501,000 quarter to quarter. (NYSE:CVE) shares saw heavy trading volume with 3,256K shares changing hands in the last trading session.

Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas in Canada. TD Asset Management has an ownership of 43,148,765 stocks of the oil and gas firms shares valued at $317,627,000 after scooping up an extra 2,169,650 shares through out the quarter. Currently, 3.9% of the company's stock are short sold. UBS Asset Management Americas Inc. grew its holdings in Cenovus Energy by 2.3% during the 1st quarter.

FT reports, The 31 analysts offering 12 month price targets for Coach Inc have a median target of 51.00, with a high estimate of 59.00 and a low estimate of 35.00.

Coach, Inc. (NYSE:COH)'s earnings per share has been growing at a -10 percent rate over the past 5 year when average revenue increase was noted as -1.2 percent. On Friday, August 19 the stock rating was initiated by Bank of America with "Neutral". Institutional investors own 56.17% of the company's stock. Renaissance Technologies held 0.36% of Cenovus Energy valued $32,376,000 as of its latest document with the Security and Exchange Commission. If you are viewing this story on another publication, it was stolen and reposted in violation of U.S. & worldwide trademark and copyright laws.

Cenovus Energy (NYSE:CVE) (TSE:CVE) last announced its quarterly earnings data on Thursday, July 27th.

It is trading at $9.88 significantly above the 50 day moving average which is $8.77 and just above the 200 day moving average of $9.03.

The company's P/E ratio is 4.03 and the market cap of the company is 12.14B. Goldman Sachs maintained Cenovus Energy Inc (USA) (NYSE:CVE) on Thursday, June 22 with "Neutral" rating. After posting $0.36 EPS for the previous quarter, Cenovus Energy Inc's analysts now forecast -83.33 % negative EPS growth. Cenovus Energy had a net margin of 63.93% and a return on equity of 65.90%. They expect $0.06 earnings per share, up 121.43 % or $0.34 from last year's $-0.28 per share. The short-interest ratio decreased to 8.0 and the short interest percentage is 0.03% as of September 15. The ex-dividend date was Thursday, September 14th. This represents a $0.20 dividend on an annualized basis and a yield of 1.61%.

United States Steel & Carnegie Pension Fund decreased Cenovus Energy (CVE) stake by 26.64% reported in 2017Q2 SEC filing. Canaccord Genuity restated a "buy" rating and issued a $14.00 target price on shares of Cenovus Energy in a report on Tuesday, September 5th. National Bank Financial raised their price target on Cenovus Energy to C$11.50 in a report on Friday, July 28th. The firm earned "Underperform" rating on Tuesday, January 24 by Macquarie Research. FMR upgraded its holdings in stocks of Cenovus Energy by 23.7% through out the Fiscal Q2. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of C$16.75.



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