Trading Day Review: BP plc ADR (BP) Loses Momentum, Closing at 37.76

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The price of BP plc ADR (NYSE: BP) closed at $37.76 in the last session, down -0.53% from day before closing price of $37.96. In other words, the price has decreased by -$0.53 from its previous closing price. On the day, 7.79 million shares were traded. BP stock price reached its highest trading level at $37.93 during the session, while it also had its lowest trading level at $37.28.

Ratios:

We take a closer look at BP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.24. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.81.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BP now has a Market Capitalization of 105749520384 and an Enterprise Value of 679666253824. As of this moment, BP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.89, and their Forward P/E ratio for the next fiscal year is 7.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 3.38 whereas that against EBITDA is 17.877.

Stock Price History:

The Beta on a monthly basis for BP is 0.65, which has changed by 0.050055623 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, BP has reached a high of $40.84, while it has fallen to a 52-week low of $33.52. The 50-Day Moving Average of the stock is -1.09%, while the 200-Day Moving Average is calculated to be 2.26%.

Shares Statistics:

According to the various share statistics, BP traded on average about 9.23M shares per day over the past 3-months and 8723490 shares per day over the past 10 days. A total of 2.80B shares are outstanding, with a floating share count of 2.79B. Insiders hold about 0.01% of the company’s shares, while institutions hold 11.34% stake in the company. Shares short for BP as of 1714435200 were 9952525 with a Short Ratio of 1.12, compared to 1711584000 on 5894891.

Dividends & Splits

The forward annual dividend rate for BP is 1.31, which was 0.291 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.007665965The stock’s 5-year Average Dividend Yield is 6.02. The current Payout Ratio is 32.00% for BP, which recently paid a dividend on 2024-02-15 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 1999-10-04 when the company split stock in a 2:1 ratio.

Earnings Estimates

The company has 8.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.11 for the current quarter, with a high estimate of $1.2 and a low estimate of $0.94, while EPS last year was $0.9. The consensus estimate for the next quarter is $1.17, with high estimates of $1.39 and low estimates of $0.98.

Analysts are recommending an EPS of between $5.33 and $3.75 for the fiscal current year, implying an average EPS of $4.44. EPS for the following year is $4.99, with 10.0 analysts recommending between $6.18 and $4.21.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $57.34B. It ranges from a high estimate of $66.38B to a low estimate of $51.32B. As of the current estimate, BP plc ADR’s year-ago sales were $49.48BFor the next quarter, 3 analysts are estimating revenue of $57.13B. There is a high estimate of $68.15B for the next quarter, whereas the lowest estimate is $48.93B.

A total of 5 analysts have provided revenue estimates for BP’s current fiscal year. The highest revenue estimate was $251.66B, while the lowest revenue estimate was $196.15B, resulting in an average revenue estimate of $217.08B. In the same quarter a year ago, actual revenue was $213.03BBased on 5 analysts’ estimates, the company’s revenue will be $213.15B in the next fiscal year. The high estimate is $271.01B and the low estimate is $185.14B.

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