Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Conoco Phillips (NYSE: COP) closed the day trading at $106.14 down -2.03% from the previous closing price of $108.34. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 5.92 million shares were traded. COP stock price reached its highest trading level at $108.74 during the session, while it also had its lowest trading level at $105.545.
Ratios:
For a better understanding of COP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.34.
On April 10, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $158.Barclays initiated its Overweight rating on April 10, 2024, with a $158 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when LEACH TIMOTHY A sold 55,500 shares for $108.11 per share. The transaction valued at 6,000,255 led to the insider holds 455,909 shares of the business.
Timothy Allen Leach bought 66,757 shares of COP for $7,345,273 on Aug 13 ’24. On Mar 25 ’24, another insider, Olds Nicholas G, who serves as the Executive Vice President of the company, sold 12,150 shares for $126.44 each. As a result, the insider received 1,536,280 and left with 14,522 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COP now has a Market Capitalization of 137298460672 and an Enterprise Value of 133669847040. As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.60, and their Forward P/E ratio for the next fiscal year is 12.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 2.348 whereas that against EBITDA is 5.468.
Stock Price History:
Over the past 52 weeks, COP has reached a high of $134.71, while it has fallen to a 52-week low of $101.29. The 50-Day Moving Average of the stock is -2.40%, while the 200-Day Moving Average is calculated to be -7.01%.
Shares Statistics:
Over the past 3-months, COP traded about 6.89M shares per day on average, while over the past 10 days, COP traded about 8413480 shares per day. A total of 1.29B shares are outstanding, with a floating share count of 1.29B. Insiders hold about 0.08% of the company’s shares, while institutions hold 74.85% stake in the company. Shares short for COP as of 1731628800 were 24865467 with a Short Ratio of 3.61, compared to 1728950400 on 22805336. Therefore, it implies a Short% of Shares Outstanding of 24865467 and a Short% of Float of 2.16.
Dividends & Splits
COP’s forward annual dividend rate is 2.92, up from 3.52 a year ago. Against a Trailing Annual Dividend Yield of 0.03249031The stock’s 5-year Average Dividend Yield is 2.66.
