Notable negative changes in Suncor Energy Inc. (NYSE: SU) fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Suncor Energy Inc. (NYSE: SU). Important negative changes in investment behavior have recently occurred: its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SU is expected to continue to be an important Value Builder.
Suncor Energy has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Suncor Energy has a neutral Power Rating of 50 but a very high Appreciation Score of 92, and the Positive Value Trend Rating results.
Recent Price Action
Suncor Energy Inc. (NYSE: SU) stock closed at $38.98 on 10/21/24 after a slight decline of -0.3%. However, unusually low trading volume at 58% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -3.5% during the last week.
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