SU stock: buy or sell?
Updated on:
September 20th, 2019
3
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.
Should I buy SU stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Only 1 of our buy setups matches with Suncor Energy stock now:
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | Yes |
| 100d MA crossing up 200d MA | No |
Is Suncor Energy stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
At Stocks2.com, we detected 12 ratings published for SU stock in the last 30 days. The general sentiment of these ratings is bullish for SU stock, with 8 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-4 | Citigroup | n/a | n/a |
| 2019-9-3 | Deutsche Bank | n/a | Buy |
| 2019-8-29 | CSFB | n/a | n/a |
| 2019-8-22 | UBS Group | n/a | Buy |
| 2019-6-24 | BMO Capital Markets | n/a | Buy |
| 2019-5-2 | Raymond James | n/a | Buy |
| 2019-3-14 | Credit Suisse Group | Neutral | Outperform |
| 2019-2-7 | Macquarie | Neutral | Outperform |
| 2019-2-7 | GMP Securities | Neutral | Hold |
| 2019-1-7 | UBS Group | n/a | Buy |
| 2019-1-7 | Royal Bank of Canada | n/a | Buy |
| 2019-1-28 | Credit Suisse Group | n/a | Neutral |
SU stock analysis
Daily outlook
Suncor Energy shares depreciated -0.44% to $31.74 today.
Suncor Energy ended today at $31.74 and depreciated an ugly -0.44%. Since price and SMA200d lines crossed up on Monday, SU climbed $1.33 (4.37%). From a daily perspective, SU is in a short term uptrend after plotting its last bottom ($27.47, on August/23) higher than the previous bottom, and its last top ($32.74, on Monday) also over the previous top. Now trading in between its last bottom and last top SU might consolidate in a plain range, waiting to break out over $32.74 or down under $27.47.
Weekly outlook
Suncor Energy shares broke up the SMA line of 200d, closing at $31.74. Counting this, it's been 4 climbing weeks in a row, soaring a 15.00%.
SU stock price history
SU IPO was on March 17th, 1980 at $0.01 per share1. Since then, SU stock grew a 317,300.00%, with a yearly average of 8,135.90%. If you had invested $1,000 in SU stock in 1980, it would worth $3,173,000.00 today.
1: Adjusted price after possible price splits or reverse-splits.
SU stock historical price chart
SU stock reached 52-week highs on October at $38.21, and all-time highs 2008-05-21 with a price of 54.12.
SU stock price target is $49.70
How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' SU stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 3 price forecasts for Suncor Energy stock:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-2-7 | GMP Securities | Reiterates | n/a | $47.00 | - |
| 2019-1-7 | UBS Group | Reiterates | n/a | $49.00 | - |
| 2019-1-7 | Royal Bank of Canada | Reiterates | n/a | $53.00 | - |
| (in average) | $0.00 | $49.70 | 0.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
On February, Suncor Energy missed the expectations of the experts and posted a dreadful EPS of $0.27 per share when experts were expecting $0.38.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.3 | n/a |
| 2017-Q3 | - | n/a | 0.77 | n/a |
| 2017-Q4 | - | n/a | 0.82 | n/a |
| 2018-Q1 | 2018-05-01 | 0.45 | 0.48 | 6.7% |
| 2018-Q2 | 2018-07-25 | 0.57 | 0.57 | 0.0% |
| 2018-Q3 | 2018-10-31 | 0.71 | 0.73 | 2.8% |
| 2018-Q4 | 2019-02-05 | 0.38 | 0.27 | -28.9% |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Suncor Energy annual sales rocketed an exceptional 20.25% to $38,542.00 million dollars from $32,051.00 marked in 2017. By contrast, its profit margin (compared to revenues) fell to 8.54%, that is $3,293.00 million.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $39,590 M | - | $3,910 M9.9% | - |
| 2014 | $34,302 M | -13.36% | $2,323 M6.8% | -40.60% |
| 2015 | $29,208 M | -14.85% | $-1,995.00 M-6.8% | -185.90% |
| 2016 | $26,807 M | -8.22% | $434 M1.6% | -121.75% |
| 2017 | $32,051 M | 19.56% | $4,458 M13.9% | 927.19% |
| 2018 | $38,542 M | 20.25% | $3,293 M8.5% | -26.13% |
Quarterly financial results
Suncor Energy reported $8,561.00 M in revenues for 2018-Q4, a -21.07% decline compared to previous quarter. Reported quarter income marked $-280.00 M with a profit margin of -3.27%. Profit margin plummed a -19.98% compared to previous quarter when profit margin was 16.71%. When comparing revenues to same quarter last year, Suncor Energy sales marked a dazzling gain and skyrocketed a 18.70%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $7,250 M | - | $435 M6.0% | - |
| 2017-Q3 | $6,438 M | -11.20% | $1,039 M16.1% | 138.88% |
| 2017-Q4 | $7,212 M | 12.03% | $1,099 M15.2% | 5.76% |
| 2018-Q1 | $8,807 M | 22.11% | $789 M9.0% | -28.20% |
| 2018-Q2 | $10,327 M | 17.26% | $972 M9.4% | 23.19% |
| 2018-Q3 | $10,847 M | 5.04% | $1,812 M16.7% | 86.42% |
| 2018-Q4 | $8,561 M | -21.07% | $-280 M-3.3% | -115.45% |
| 2019-Q1 | $8,983 M | 4.93% | $1,470 M16.4% | -625.00% |
Suncor Energy ownership
When you are planning to invest in a stock, it's worth to overview its ownership structure.Suncor Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.02% of all shares.
In case of Suncor Energy stock, 72.76% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SU stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Suncor Energy:
| SU | BP | CNQ | COP | CVX | |
|---|---|---|---|---|---|
| Market cap | $51.7 B | $132.6 B | $32.7 B | $67.6 B | $235.0 B |
| Total shares | 1,630.0 M | 3,400.0 M | 1,190.0 M | 1,110.0 M | 1,900.0 M |
| Float shares | 1,560.0 M | 3,320.0 M | 1,160.0 M | 1,110.0 M | 1,900.0 M |
| - Institutional holdings (%) | 72.8% | 11.3% | 73.2% | 75.1% | 67.5% |
| - Insider holdings (%) | 0.0% | 0.0% | 2.2% | 0.1% | 0.1% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
SU summary
| Friday, September 20th, 2019 | |
|---|---|
| Open | $32.01 |
| Close | $31.74 |
| Day range | $31.65 - $32.17 |
| Previous close | $31.88 |
| Session gain | -0.44% |
| Average true range | $0.76 |
| 50d mov avg | $29.40 |
| 100d mov avg | $30.17 |
| 200d mov avg | $30.63 |
| Daily pattern | lt06a |
| Weekly pattern | lb06a |
Suncor Energy performance
To better understand Suncor Energy performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Suncor Energy performance to BP p.l.c, Canadian Natural Resources, , Chevron, Imperial Oil, Total and Exxon Mobil:| Stock | 3m | 6m | 12m |
|---|---|---|---|
| SUSuncor Energy | 1.54% | -3.32% | -14.72% |
| BPBP p.l.c | -6.61% | -8.47% | -7.32% |
| CNQCanadian Natural ... | 0.81% | 2.20% | -10.82% |
| COP | 1.40% | -6.96% | -18.70% |
| CVXChevron | 0.00% | 2.49% | 6.23% |
| IMOImperial Oil | -0.43% | 2.84% | -10.56% |
| TOTTotal | -2.67% | -2.46% | -11.51% |
| XOMExxon Mobil | -5.75% | -7.97% | -11.18% |
Suncor Energy competitors
One check before trading any stock is to have a look a list of its competitors, in this case for Suncor Energy. We picked 7 companies as Suncor Energy competitors as they are in the same industry or have similar market objectives.- BP p.l.c (BP)
- Canadian Natural Resources (CNQ)
- (COP)
- Chevron (CVX)
- Imperial Oil (IMO)
- Total (TOT)
- Exxon Mobil (XOM)
Latest SU stock news
- Seeking AlphaSuncor Energy - Fluctuating Prices, But Strong AssetsJune 2, 2019
- Seeking AlphaSuncor Energy Common Should Finally Appreciate After 10 Years Of WaitingApril 11, 2019
- Seeking AlphaSuncor Energy: Well On The Path To Becoming An Oil MajorJanuary 8, 2019
- InvestorPlacePick Up Suncor Energy While It’s Below $44July 12, 2018