CNX Resources Corporation: This Stock is Set to Soar Above its Peers

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CNX Resources Corporation kicked off the trading day on 08/14/19 with a price decrease of -3.91%, equivalent to -$0.28 relative change for the day. Taking a more long-term approach, CNX had a 52-week range of $6.14 to $16.09. At the time of this article’s publishing, this stock is trading at $6.88 after starting the trading session at $6.95. Moving on, the stock has demonstrated a 52-week change amounting to -18.01, alongside an S&P500 52-Week Change of -30.51. At the time of writing, this stock’s 50-day Moving Average stands at $7.19, while the 200-day Moving Average of this stock is currently $10.34.

Currently, this company’s share volume is sitting at $4,089,664, but has maintained average daily volume of $4.97M. This stock has generated an average Year to Date volume of $4.17 million, alongside an average 20-day volume of $5.87 million. This publicly-traded company’s shares outstanding now amounts to $189.96 million, simultaneously with a float of $184.22 million. The organization now has a market capitalization sitting at $1.31 billion.

CNX Resources Corporation(CNX) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. CNX Resources Corporation’s current insider ownership accounts for 1.10%. According to the most recent latest insider trade that took place on Jul 26 this organization’s Director bought 200,000 at the rate of 6.39, making the entire transaction hit 1,277,600 in total value, affecting insider ownership by 637,950. Preceding that transaction, on Jun 25 Company’s Director bought 20,000 at a price of 6.98, making the whole transaction’s value amount to 139,600. This particular insider is now the holder of 136,093 in total.

If we take a glance at the Ownership summary of CNX Resources Corporation’s stock, 293 Institutional holders make up 106.32% of its total stock ownership. All together, they are the legal holders of 199,424,067 shares, which are valued at about $1,427,876,320 in total. If we focus on the top 3 stockholders for this publicly-traded organization, SOUTHEASTERN ASSET MANAGEMENT INC/TN/ owns 47.05 million shares, with BLACKROCK INC. in 2nd place owning 22.89 million shares and DIMENSIONAL FUND ADVISORS LP in third place with total ownership of 16.43 million shares.

CNX Resources Corporation (CNX) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Jun-19, the organization reported $0.14 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.12) by $0.02.

The corporation racked up revenue of $432.42million for the previous financial quarter, compared to the mean analyst estimate of $394.20 million. This company achieved a net margin of 17.10 while generating a return on equity of 7.03. CNX Resources Corporation’s full-quarter revenue decreased by -4.64%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.

CNX Resources Corporation’s EPS increase for this current 12-month fiscal period is 376.80%, and is forecasted to reach -0.83% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 35.70% through the next 5 years, which can be compared against the 60.30% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for CNX Resources Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 0.70. The company has managed to achieve an average true range (ATR) of 0.46. Alongside those, its PE Ratio stands at $4.62, and its Beta score is 0.69.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.74 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 0.30, whereas its price to cash per share for the last quarter landed at 0.17.

In the same vein, CNX’s Diluted EPS (Earnings per Share) trailing twelve month was posted at 1.49, a figure that is expected to reach 0.03 in the next reported quarter, and analysts expect it will be -0.83% at the market close of one year from today’s date.