Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Conoco Phillips (NYSE: COP) closed the day trading at $123.55 up 1.08% from the previous closing price of $122.23. In other words, the price has increased by $1.08 from its previous closing price. On the day, 4.81 million shares were traded. COP stock price reached its highest trading level at $125.215 during the session, while it also had its lowest trading level at $123.02.
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 23.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on April 10, 2024, initiated with a Overweight rating and assigned the stock a target price of $158.
On November 14, 2023, Johnson Rice started tracking the stock assigning a Accumulate rating and target price of $135.Johnson Rice initiated its Accumulate rating on November 14, 2023, with a $135 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 Mar 25 ’24 when Lance Ryan Michael sold 607,000 shares for $125.91 per share. The transaction valued at 76,426,824 led to the insider holds 6,780 shares of the business.
Olds Nicholas G sold 12,150 shares of COP for $1,536,280 on Mar 25 ’24. The Executive Vice President now owns 14,522 shares after completing the transaction at $126.44 per share. On Mar 22 ’24, another insider, Bullock William L. Jr., who serves as the Executive Vice President & CFO of the company, sold 45,200 shares for $123.32 each. As a result, the insider received 5,574,276 and left with 44,153 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 144495427584 and an Enterprise Value of 156851929088. As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.98, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 2.761 whereas that against EBITDA is 6.458.
Stock Price History:
Over the past 52 weeks, COP has reached a high of $135.18, while it has fallen to a 52-week low of $94.59. The 50-Day Moving Average of the stock is 0.02%, while the 200-Day Moving Average is calculated to be 4.95%.
Shares Statistics:
Over the past 3-months, COP traded about 5.41M shares per day on average, while over the past 10 days, COP traded about 4834090 shares per day. A total of 1.18B shares are outstanding, with a floating share count of 1.17B. Insiders hold about 0.09% of the company’s shares, while institutions hold 84.63% stake in the company. Shares short for COP as of 1713139200 were 14076547 with a Short Ratio of 2.60, compared to 1710460800 on 13661983. Therefore, it implies a Short% of Shares Outstanding of 14076547 and a Short% of Float of 1.2.
Dividends & Splits
COP’s forward annual dividend rate is 2.18, up from 4.18 a year ago. Against a Trailing Annual Dividend Yield of 0.034197822The stock’s 5-year Average Dividend Yield is 2.59.
