CTRA | 27 May 2024 | AI Stock Analysis & News

Coterra Energy is expected to announce its quarterly earnings data, potentially impacting its stock price.

🟢 +3.8% short-term forecast, 🔴 -0.4% long-term forecast

Stock AI’s (CTRA) Forecast get (+7.0% Profit)


StockAI’s analysis delivers real-world results. On 06 February 2024, $CTRA ($24.32), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $26.02 (🟢7.0%). Buying CTRA on this signal yielded a +7.0% profit 💰💰.

CTRA-Coterra Energy Inc. News


🟢 Coterra Energy is scheduled to issue its quarterly earnings data, analysts expect earnings of $0.42 per share for the quarter.

🟢 Coterra Energy declared a quarterly dividend of 0.21 per share, positive news for shareholders.

🔴 QRG Capital Management increased its holdings by 76.6%, possibly indicating confidence in the company.

🔴 Roth Capital dropped Q4 2024 EPS estimates for Coterra Energy, potentially impacting investor sentiment.

🟢 Headlands Technologies LLC grew its stake by 397.7%, a positive sign for the company’s performance.

🔴 Spire Wealth Management decreased its holdings by 47.1%, which could signal concerns about the stock’s future performance.

Recent news for Coterra Energy Inc. has been mixed, with positive developments such as the upcoming earnings report and dividend declaration, but also negative news like the drop in EPS estimates. The increased stake by some investors shows confidence in the company, while others reducing their holdings may indicate uncertainty. Overall, the stock price may experience fluctuations in the short term due to these conflicting factors. Investors should closely monitor the earnings report and any updates from the company to assess the long-term impact on the stock price.

CTRA-Coterra Energy Inc. Analyst Ratings


In recent analyst ratings for Coterra Energy Inc. (NYSE:CTRA), there have been some changes that investors should take note of:

📈 Mizuho increased their price target on CTRA from $37.00 to $41.00 and maintained a Buy rating.

📉 Roth Capital reduced their Q4 2024 EPS estimates for CTRA in a recent research note.

📉 Susquehanna raised their target price on CTRA from $32.00 to $33.00 and maintained a Positive rating.

Sources:
1. ETF Daily News
2. ETF Daily News
3. ETF Daily News

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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