Coterra Energy Plunges 2.75% to $30.78, Q4 EPS Seen at $0.45
Coterra Energy shares fell 2.75% to $30.78 yesterday, underperforming the S&P 500's 1.57% drop and lagging the sector's 1.34% decline. The stock has gained 24.8% over the past month while analysts forecast Q4 EPS of $0.45 (-8.2% YoY) on $1.88 billion revenue (+34.8%).
1. Share Price Movement
Coterra Energy closed at $30.78, down 2.75% in the latest session, underperforming the S&P 500’s 1.57% decline and the Oils-Energy sector’s 1.34% fall. The stock has climbed 24.8% over the past month versus the sector’s 16.6% advance and a 0.29% drop in the S&P 500.
2. Upcoming Earnings Estimates
The company will report Q4 results on February 26, with consensus estimates of $0.45 EPS, an 8.2% year-over-year drop, on $1.88 billion revenue, up 34.8% YoY. Full-year projections call for $2.13 per share in earnings (+26.8%) and $7.52 billion in revenue (+37.8%).
3. Analyst Rankings and Valuation
EPS consensus estimates have been cut 14.8% over the past month, resulting in a strong-sell rating on the stock. Coterra trades at a forward P/E of 16.22, above the industry average of 13.63, and maintains a PEG ratio of 0.68 versus 1.6 among peers.