CNX Resources Stock Target Price and Analyst Consensus

CNX Stock  USD 24.28  0.21  0.87%   
The current analyst and expert consensus on CNX Resources is Buy with 7 hold recommendations. The current projected CNX Resources target price consensus is 22.18 with 11 analyst opinions. One of the most common ways CNX Resources Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to CNX Resources vendors, executives, and/or customers. CNX Resources recommendation module provides expert sentiment on the projected CNX Resources Corp target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on CNX Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
20.18
Highest Forecast
24.62
Target Price
22.18
At this time, CNX Resources' Pretax Profit Margin is fairly stable compared to the past year. Net Profit Margin is likely to rise to 1.20 in 2024, whereas Gross Profit is likely to drop slightly above 490.3 M in 2024. At this time, CNX Resources' Other Liabilities is fairly stable compared to the past year. Long Term Debt is likely to rise to about 1.9 B in 2024, whereas Total Assets are likely to drop slightly above 8.3 B in 2024.
  
It's important to approach CNX Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CNX Resources price targets

CNX Resources' stock target price is an estimate of its future price, usually made by analysts. Using CNX Resources' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CNX Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CNX Resources' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CNX Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CNX Resources is a key component of CNX Resources valuation and have some predictive power on the future returns of a CNX Resources.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CNX Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.4824.1025.72
Details
Intrinsic
Valuation
LowRealHigh
23.0424.6626.28
Details
Naive
Forecast
LowNextHigh
21.6323.2524.87
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.230.370.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CNX Resources. Your research has to be compared to or analyzed against CNX Resources' peers to derive any actionable benefits. When done correctly, CNX Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CNX Resources Corp.

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When determining whether CNX Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CNX Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cnx Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cnx Resources Corp Stock:
Check out Macroaxis Advice on CNX Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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The data published in CNX Resources' official financial statements usually reflect CNX Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of CNX Resources Corp. For example, before you start analyzing numbers published by CNX accountants, it's critical to develop an understanding of what CNX Resources' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of CNX Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CNX Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in CNX Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CNX Resources Corp. Please utilize our Beneish M Score to check the likelihood of CNX Resources' management manipulating its earnings.