Looking at a shorter time period, shares have been seen -16.45% away from the 50 day high and 3.41% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of CEMEX, S.A.B.de C.V. (NYSE:CX). The market capitalization of the company is at $11.81 Billion. Its last month's stock price volatility remained 2.1% which for the week stands at 2.71%. Cenovus Energy Inc. (CVE) has made its way to a 12-month decline of -36.68%. The correct version of this piece can be read at https://weekherald.com/2017/10/19/the-manufacturers-life-insurance-company-buys-1950048-shares-of-cenovus-energy-inc-cve.html. The stock has a market capitalization of $12.33 billion, a PE ratio of 4.096 and a beta of 0.60. Royal Bank Of Canada reissued a "buy" rating and issued a $15.00 price target on shares of Cenovus Energy in a research note on Monday. The oil and gas company reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.03 by $0.24.
Cenovus Energy Inc (CVE) now the company's industry has 12.51 P/E and the sector P/E is 16.86. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. This is assuming the current $0.05 EPS is accurate. The analysts estimated EPS for the higher end at 0.25 and lower end at -0.06 while the year ago reported earnings per share was -0.02.
Cenovus Energy (NYSE:CVE) (TSE:CVE) last announced its quarterly earnings data on Thursday, July 27th.
Schlumberger kicks off the earnings season for oilfield services companies on Oct 20. In addition, proceeds from the recently announced Suffield asset sale, which is also expected to close in the fourth quarter of the year, will be applied against the outstanding balance of the bridge facility. The stock of Cenovus Energy Inc (TSE:CVE) earned " rating by Raymond James on Monday, June 6. Cigna Investments Inc. New bought a new position in shares of Cenovus Energy during the 2nd quarter worth approximately $110,000. For the current year the company's revenue estimates are $14.15 Billion compared to low analyst estimates of $13.69 Billion and high estimates of $14.62 Billion according to 5 number of analysts. Macquarie cut Cenovus Energy from a "neutral" rating to an "underperform" rating in a research note on Wednesday, June 21st. The Manufacturers Life Insurance Company owned 0.84% of Cenovus Energy worth $76,357,000 as of its most recent filing with the Securities & Exchange Commission. Is up 35% in the Past Month: Is it Still a Buy?" on September 27, 2017, also Fool.ca with their article: "Cenovus Energy Inc.: Is This Rally Sustainable?" published on October 02, 2017, Fool.ca published: "Should You Buy Suncor Energy Inc. or Cenovus Energy Inc. The dividend was $0.040 per share for the quarter or $0.16 annualized. The industry's and sector's high P/E for the past year is 134.49 and 31.67 respectively and low P/E ratio for the last 5 years is 5.82 for the industry and 10.03 for the Sector.