Coterra Energy (CTRA) closed at $24.82, down -2.32% from the previous session, trailing behind the S&P 500’s gain of 0.65%. Over the past month, CTRA shares dropped 4.08%, falling short of the sector and S&P 500 gains. Market awaits CTRA’s upcoming financial results, with projected EPS of $0.59 and revenue of $1.88 billion.
Analysts forecast CTRA’s full-year earnings to be $2.24 per share and revenue at $7.51 billion, indicating positive growth compared to the prior year. Recent estimate revisions reflect analyst sentiment, impacting near-term stock performance. CTRA currently holds a Zacks Rank of #3 (Hold) and trade at a discount with a Forward P/E ratio of 10.07.
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Read more at Nasdaq: Coterra Energy (CTRA) Stock Declines While Market Improves: Some Information for Investors
