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.
After finishing at $91.41 in the prior trading day, Conoco Phillips (NYSE: COP) closed at $87.61, down -4.16%. In other words, the price has decreased by -$4.16 from its previous closing price. On the day, 9.27 million shares were traded.
Ratios:
Our goal is to gain a better understanding of COP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.37.
On February 10, 2025, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $157 to $124.
On January 17, 2025, TD Cowen started tracking the stock assigning a Buy rating and target price of $125.TD Cowen initiated its Buy rating on January 17, 2025, with a $125 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 Dec 20 ’24 when Murti Arjun N bought 2,500 shares for $95.87 per share. The transaction valued at 239,675 led to the insider holds 21,500 shares of the business.
WALKER R A bought 10,400 shares of COP for $1,017,161 on Dec 17 ’24. The Director now owns 38,000 shares after completing the transaction at $97.80 per share. On Aug 13 ’24, another insider, LEACH TIMOTHY A, who serves as the Director of the company, sold 55,500 shares for $108.11 each. As a result, the insider received 6,000,255 and left with 455,909 shares of the company.
Valuation Measures:
As of this moment, Conoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.23, and their Forward P/E ratio for the next fiscal year is 11.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 1.73.
Stock Price History:
Over the past 52 weeks, COP has reached a high of $124.78, while it has fallen to a 52-week low of $79.88. The 50-Day Moving Average of the stock is -6.98%, while the 200-Day Moving Average is calculated to be -14.96%.
Shares Statistics:
A total of 1.28B shares are outstanding, with a floating share count of 1.26B. Insiders hold about 0.11% of the company’s shares, while institutions hold 82.85% stake in the company.
