Suncor Energy (SU) Scheduled to Post Quarterly Earnings on Tuesday

Suncor Energy (NYSE:SU) (TSE:SU) is scheduled to be posting its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect Suncor Energy to post earnings of $0.88 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Suncor Energy (NYSE:SU) (TSE:SU) last posted its earnings results on Tuesday, August 6th. The oil and gas producer reported $1.27 EPS for the quarter, beating the consensus estimate of $0.76 by $0.51. Suncor Energy had a return on equity of 16.22% and a net margin of 14.40%. The company had revenue of $12.90 billion for the quarter, compared to the consensus estimate of $9.30 billion. During the same quarter in the prior year, the business earned $0.71 earnings per share. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. On average, analysts expect Suncor Energy to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Suncor Energy Stock Up 1.5 %

Shares of SU opened at $38.17 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.93 and a debt-to-equity ratio of 0.26. Suncor Energy has a 12 month low of $29.45 and a 12 month high of $41.94. The firm’s 50 day moving average is $38.47 and its 200-day moving average is $38.75. The stock has a market capitalization of $48.16 billion, a PE ratio of 8.86, a P/E/G ratio of 2.67 and a beta of 1.12.

Analyst Upgrades and Downgrades

SU has been the subject of a number of recent analyst reports. Scotiabank cut their target price on Suncor Energy from $61.00 to $60.00 and set a “sector perform” rating for the company in a research report on Friday, July 12th. Wolfe Research started coverage on shares of Suncor Energy in a report on Thursday, July 18th. They issued an “outperform” rating and a $68.00 target price on the stock. BMO Capital Markets upgraded Suncor Energy from a “market perform” rating to an “outperform” rating in a research report on Wednesday, August 7th. TD Securities raised shares of Suncor Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, August 7th. Finally, StockNews.com downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating in a research report on Thursday, October 17th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $55.83.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products.