8 Analysts Have This To Say About CNX Resources

8 analysts have shared their evaluations of CNX Resources (NYSE:CNX) during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	0	1	1	6	0
Last 30D	0	0	0	1	0
1M Ago	0	1	0	2	0
2M Ago	0	0	0	1	0
3M Ago	0	0	1	2	0

In the assessment of 12-month price targets, analysts unveil insights for CNX Resources, presenting an average target of $32.0, a high estimate of $48.00, and a low estimate of $22.00. This current average reflects an increase of 0.91% from the previous average price target of $31.71.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of CNX Resources among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst	Analyst Firm	Action Taken	Rating	Current Price Target	Prior Price Target
Noah Hungness	B of A Securities	Lowers	Underperform	$27.00	$32.00
Devin McDermott	Morgan Stanley	Raises	Underweight	$33.00	$29.00
Mike Scialla	Stephens & Co.	Raises	Overweight	$48.00	$35.00
Zach Parham	JP Morgan	Raises	Underweight	$33.00	$32.00
Zach Parham	JP Morgan	Lowers	Underweight	$32.00	$33.00
Mark Lear	Piper Sandler	Lowers	Underweight	$22.00	$23.00
Gabe Daoud	TD Cowen	Announces	Hold	$27.00	-
Nitin Kumar	Mizuho	Lowers	Underperform	$34.00	$38.00

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to CNX Resources. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of CNX Resources compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CNX Resources's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on CNX Resources analyst ratings.

Get to Know CNX Resources Better

CNX Resources Corp is an independent low carbon intensity natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

Unraveling the Financial Story of CNX Resources

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Over the 3 months period, CNX Resources showcased positive performance, achieving a revenue growth rate of 6.88% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.

Net Margin: CNX Resources's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -34.47%, the company may face hurdles in effective cost management.

Return on Equity (ROE): CNX Resources's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -3.46%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): CNX Resources's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.7%, the company may face hurdles in achieving optimal financial performance.

Debt Management: CNX Resources's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.56.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.