Cnx Resources Corp Stock Buy Hold or Sell Recommendation
| CNX Stock | USD 40.64 0.53 1.32% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding CNX Resources Corp is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CNX Resources Corp given historical horizon and risk tolerance towards CNX Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for CNX Resources Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out CNX Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as CNX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards CNX Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
CNX |
Execute CNX Resources Buy or Sell Advice
The CNX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CNX Resources Corp. Macroaxis does not own or have any residual interests in CNX Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CNX Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
CNX Resources Trading Alerts and Improvement Suggestions
| CNX Resources Corp has 2.37 B in debt with debt to equity (D/E) ratio of 0.96, which is OK given its current industry classification. CNX Resources Corp has a current ratio of 0.29, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CNX to invest in growth at high rates of return. | |
| Over 96.0% of CNX Resources shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: CNX Resources shareholders have earned a 40 percent CAGR over the last five years |
CNX Resources Returns Distribution Density
The distribution of CNX Resources' historical returns is an attempt to chart the uncertainty of CNX Resources' future price movements. The chart of the probability distribution of CNX Resources daily returns describes the distribution of returns around its average expected value. We use CNX Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CNX Resources returns is essential to provide solid investment advice for CNX Resources.
| Mean Return | 0.63 | Value At Risk | -3.08 | Potential Upside | 4.48 | Standard Deviation | 2.09 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CNX Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CNX Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as CNX Resources, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading CNX Resources Corp back and forth among themselves.
| Shares | Geode Capital Management, Llc | 2024-06-30 | 3.6 M | Amvescap Plc. | 2024-06-30 | 3.4 M | Bank Of New York Mellon Corp | 2024-06-30 | 3 M | Aequim Alternative Investments Lp | 2024-06-30 | 2.8 M | Fmr Inc | 2024-09-30 | 2.7 M | Southeast Asset Advisors Inc. | 2024-09-30 | 2.4 M | Citadel Advisors Llc | 2024-06-30 | 2.4 M | Two Sigma Investments Llc | 2024-06-30 | 2.2 M | Jpmorgan Chase & Co | 2024-06-30 | 2.2 M | Blackrock Inc | 2024-06-30 | 18.9 M | Vanguard Group Inc | 2024-09-30 | 15.3 M |
CNX Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.7M | (2.7M) | 1.5M | (21.0M) | 7.3M | 7.7M | |
| Change In Cash | (915K) | 5.3M | (18.0M) | 17.8M | (20.9M) | (19.8M) | |
| Free Cash Flow | (212.0M) | 307.8M | 460.5M | 669.3M | 135.2M | 141.9M | |
| Depreciation | 508.5M | 501.8M | 2.1B | 461.2M | 433.6M | 518.2M | |
| Other Non Cash Items | 122.3M | 826.7M | (513.2M) | 946.3M | (2.0B) | (1.9B) | |
| Dividends Paid | 776.8M | 1.2B | 426.2M | 1.9B | 2.2B | 2.3B | |
| Capital Expenditures | 1.2B | 487.3M | 465.9M | 565.8M | 679.4M | 791.4M | |
| Net Income | 31.9M | (428.7M) | (498.6M) | (142.1M) | 1.7B | 1.8B | |
| End Period Cash Flow | 16.3M | 21.6M | 3.6M | 21.3M | 443K | 420.9K | |
| Change Receivables | 118.6M | (4.9M) | (184.5M) | (20.3M) | (18.3M) | (19.2M) | |
| Net Borrowings | 125.3M | (215.2M) | (264.6M) | (87.9M) | (79.1M) | (75.1M) | |
| Change To Netincome | (284.6M) | 165.5M | 954.2M | 2.6B | 3.0B | 3.2B | |
| Investments | (1.1B) | (439.0M) | (420.6M) | (528.3M) | (576.0M) | (604.8M) |
CNX Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CNX Resources or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CNX Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CNX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.54 | |
β | Beta against Dow Jones | 0.97 | |
σ | Overall volatility | 2.12 | |
Ir | Information ratio | 0.26 |
CNX Resources Volatility Alert
CNX Resources Corp has relatively low volatility with skewness of 0.22 and kurtosis of 0.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CNX Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact CNX Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.CNX Resources Fundamentals Vs Peers
Comparing CNX Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CNX Resources' direct or indirect competition across all of the common fundamentals between CNX Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as CNX Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CNX Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing CNX Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CNX Resources to competition |
| Fundamentals | CNX Resources | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0629 | -0.14 |
| Profit Margin | 0.41 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Current Valuation | 8.28 B | 16.62 B |
| Shares Outstanding | 149.27 M | 571.82 M |
| Shares Owned By Insiders | 4.35 % | 10.09 % |
| Shares Owned By Institutions | 95.65 % | 39.21 % |
| Number Of Shares Shorted | 27.6 M | 4.71 M |
| Price To Earning | 4.38 X | 28.72 X |
| Price To Book | 1.38 X | 9.51 X |
| Price To Sales | 4.37 X | 11.42 X |
| Revenue | 1.5 B | 9.43 B |
| Gross Profit | 3.26 B | 27.38 B |
| EBITDA | 2.8 B | 3.9 B |
| Net Income | 1.72 B | 570.98 M |
| Cash And Equivalents | 21.32 M | 2.7 B |
| Cash Per Share | 0.04 X | 5.01 X |
| Total Debt | 2.37 B | 5.32 B |
| Debt To Equity | 0.95 % | 48.70 % |
| Current Ratio | 0.30 X | 2.16 X |
| Book Value Per Share | 28.52 X | 1.93 K |
| Cash Flow From Operations | 814.59 M | 971.22 M |
| Short Ratio | 10.62 X | 4.00 X |
| Earnings Per Share | 3.07 X | 3.12 X |
| Price To Earnings To Growth | 0.96 X | 4.89 X |
| Target Price | 30.0 | |
| Number Of Employees | 470 | 18.84 K |
| Beta | 1.38 | -0.15 |
| Market Capitalization | 5.99 B | 19.03 B |
| Total Asset | 8.63 B | 29.47 B |
| Retained Earnings | 1.98 B | 9.33 B |
| Working Capital | (401.21 M) | 1.48 B |
Note: Acquisition by Bernard Lanigan of 75000 shares of CNX Resources at 26.81 subject to Rule 16b-3 [view details]
CNX Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CNX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CNX Resources Buy or Sell Advice
When is the right time to buy or sell CNX Resources Corp? Buying financial instruments such as CNX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for CNX Stock Analysis
When running CNX Resources' price analysis, check to measure CNX Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNX Resources is operating at the current time. Most of CNX Resources' value examination focuses on studying past and present price action to predict the probability of CNX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNX Resources' price. Additionally, you may evaluate how the addition of CNX Resources to your portfolios can decrease your overall portfolio volatility.