The benefit of this technique is that it ignores near term flucuations and accounts for the overarching direction of Suncor Energy's earnings trajectory over time, which may be more relevant for long term investors. The prevailing figure will allow the investment community to determine the size of Suncor Energy Inc.in contrast to the sales or total assets figures. Wolfe Research upgraded Suncor Energy from a "market perform" rating to an "outperform" rating in a research note on Monday, October 16th. Canaccord Genuity reiterated a "buy" rating and set a $51.00 price objective on shares of Suncor Energy in a research note on Thursday, October 26th. Zacks Investment Research raised shares of Suncor Energy from a strong sell rating to a hold rating in a research note on Tuesday, September 12th. As per Friday, October 30, the company rating was upgraded by National Bank Canada. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus price target of $43.14. (NYSE:SU) on Thursday, October 27 to "Outperform" rating. About 1.92M shares traded. The firm has a market capitalization of $57,258.09, a price-to-earnings ratio of 29.83, a PEG ratio of 3.19 and a beta of 0.85. Suncor Energy had a net margin of 11.63% and a return on equity of 5.68%. The company has a quick ratio of 0.62, a current ratio of 0.91 and a debt-to-equity ratio of 0.27. Suncor Energy Inc. (NYSE:SU) has risen 22.43% since December 7, 2016 and is uptrending. The oil and gas producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.26 by $0.15. The ex-dividend date of this dividend is Thursday, June 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.93%. This is a boost from Suncor Energy's previous quarterly dividend of $0.19. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Suncor Energy's payout ratio is 477.78%. The fund owned 62,617,740 shares of the oil and gas producer's stock after buying an additional 3,103,397 shares during the period. Gateway Investment Advisers LLC increased its position in shares of Suncor Energy by 0.7% during the second quarter. Gateway Investment Advisers LLC now owns 17,676 shares of the oil and gas producer's stock worth $516,000 after acquiring an additional 116 shares in the last quarter. The company's stock had a trading volume of 2,116,529 shares. Can now owns 12,881,423 shares of the oil and gas producer's stock valued at $450,100,000 after buying an additional 157,842 shares in the last quarter. APG Asset Management N.V. increased its position in shares of Suncor Energy by 1.1% during the second quarter. Bank of America initiated Suncor Energy Inc. Hedge funds and other institutional investors own 65.61% of the company's stock. (NYSE:SU) news were published by: Fool.ca which released: "Should You Buy Enbridge Inc. or Suncor Energy Inc". If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & global copyright & trademark legislation. OMERS ADMINISTRATION Corp now owns 2,847,000 shares of the oil and gas producer's stock worth $78,895,000 after buying an additional 1,435,000 shares during the period.
Currently, Suncor Energy Inc. holds a stock price of $34.04 and exhibits a change in price of -1.62%. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands.