Group 1 - Coterra Energy's stock closed at 0.42, indicating a 19.23% decline year-over-year, and revenue forecasted at $1.4 billion, down 12.13% from the prior-year quarter [2] Group 3 - Recent shifts in analyst projections for Coterra Energy should be monitored, as positive estimate revisions indicate analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with 1 stocks historically delivering an average annual return of +25% since 1988 [4][5] Group 4 - Coterra Energy's current Forward P/E ratio is 8.58, which is lower than the industry average of 9.37, indicating a valuation discount [6] - The company's PEG ratio is currently 0.55, compared to the industry average of 1.33, suggesting favorable growth prospects relative to its valuation [7] Group 5 - The Oil and Gas - Exploration and Production - United States industry, which includes Coterra Energy, has a Zacks Industry Rank of 52, placing it in the top 21% of over 250 industries [7][8]
Coterra Energy (CTRA) Exceeds Market Returns: Some Facts to Consider