Coterra Energy (CTRA) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Coterra Energy (CTRA) ended the recent trading session at $30.78, demonstrating a -2.75% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.57%. Elsewhere, the Dow lost 1.34%, while the tech-heavy Nasdaq lost 2.04%.
Heading into today, shares of the independent oil and gas company had gained 24.8% over the past month, outpacing the Oils-Energy sector's gain of 16.6% and the S&P 500's loss of 0.29%.
Market participants will be closely following the financial results of Coterra Energy in its upcoming release. The company plans to announce its earnings on February 26, 2026. It is anticipated that the company will report an EPS of $0.45, marking a 8.16% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.88 billion, up 34.76% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $2.13 per share and a revenue of $7.52 billion, demonstrating changes of +26.79% and +37.81%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Coterra Energy. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 14.81% fall in the Zacks Consensus EPS estimate. Right now, Coterra Energy possesses a Zacks Rank of #5 (Strong Sell).
With respect to valuation, Coterra Energy is currently being traded at a Forward P/E ratio of 16.22. This expresses a premium compared to the average Forward P/E of 13.63 of its industry.
It is also worth noting that CTRA currently has a PEG ratio of 0.68. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Oil and Gas - Exploration and Production - United States stocks are, on average, holding a PEG ratio of 1.6 based on yesterday's closing prices.
The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 230, finds itself in the bottom 7% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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