SU stock: buy or sell?

SU stock price: $28.44 -2.34% At close on February 26th, 2020

Updated on:
February 26th, 2020

1

Suncor Energy shares dropped -2.34% to $28.44 today. Wednesday was the 5th red session in a row, sliding in full a -6.80%.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Suncor Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Suncor Energy stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for SU stock for the last 30 days.

SU stock analysis

Daily outlook

Suncor Energy shares dropped -2.34% to $28.44 today.

Shares of Suncor Energy dropped an awful -2.34% and closed at $28.44. Since January when SMA100d and SMA200d crossed up, SU price slipped $-4.38 per share (-13.35%).

SU stock chart (daily)

Weekly outlook

Suncor Energy shares plunged -6.42% this week, ending at $28.44.

Since early February, when SU stock price broke down the 40-weeks moving avarage line, it slid $-2.15 per share (-7.03%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since late December 2019 when SMA20w and SMA40w crossed up, SU price slipped $-3.76 per share (-11.68%).

SU stock chart (weekly)

SU stock price history

SU stock went public on March 17th, 1980 with a price of $0.001. Since then, SU stock surged a inf%, with an average of inf% per year. If you had invested $1,000 in SU stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

SU stock historical price chart

SU stock reached 52-week highs on January 15th at $34.56, and all-time highs 2008-05-21 with a price of 53.2.

SU stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not found any price forecast for Suncor Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Suncor Energy disappointed analysts when it reported an Earnings per Share (EPS) of $0.27 when the market consensus was $0.38.
SU earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.3n/a
2017-Q3-n/a0.77n/a
2017-Q4-n/a0.82n/a
2018-Q12018-05-010.450.486.7%
2018-Q22018-07-250.570.570.0%
2018-Q32018-10-310.710.732.8%
2018-Q42019-02-050.380.27-28.9%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a dazzling increase of 20.25% to $38,542.00 M USD. On the other hand, its earnings margin (compared to sales) slipped to 8.54%, that is $3,293.00 million.

SU annual Sales and Income evolution
YearSalesYoYIncome/(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 M19.56%$4,458 M13.9%927.19%
2018$38,542 M20.25%$3,293 M8.5%-26.13%

Quarterly financial results

Suncor Energy posted $8,561.00 M in revenues for 2018-Q4, a -21.07% less compared to previous quarter. Reported quarter income marked $-280.00 million with a profit margin of -3.27%. Profit margin collapsed a -19.98% compared to previous quarter when profit margin was 16.71%. When comparing turnover to same quarter last year, Suncor Energy sales marked an outstanding gain and rocketed a 18.70%.
SU quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(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 M12.03%$1,099 M15.2%5.76%
2018-Q1$8,807 M22.11%$789 M9.0%-28.20%
2018-Q2$10,327 M17.26%$972 M9.4%23.19%
2018-Q3$10,847 M5.04%$1,812 M16.7%86.42%
2018-Q4$8,561 M-21.07%$-280 M-3.3%-115.45%
2019-Q1$8,983 M4.93%$1,470 M16.4%-625.00%

Suncor Energy ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Suncor Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.01% of all shares.

In case of Suncor Energy stock, 72.83% 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
Market cap$43.5 B
Total shares1,530.0 M
Float shares1,530.0 M
  - Institutional holdings (%)72.8%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

SU summary

Wednesday, February 26th, 2020
Open$29.17
Close$28.44
Day range$28.42 - $29.40
Previous close$29.12
Session gain-2.34%
Average true range$0.64
50d mov avg$31.78
100d mov avg$31.20
200d mov avg$30.44
Daily patternlt02c
Weekly pattern

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 to :
Stock3m6m12m
SUSuncor Energy-8.20%0.07%-13.29%

Suncor Energy competitors

Unfortunately, we could not find any public company that could be defined as Suncor Energy competitor. This doesn't mean Suncor Energy does not have any competitor in the market, it's just we could not detected it.

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