BP p.l.c. (NYSE: BP) is 14.08% higher on its value in year-to-date trading and has touched a low of $14.74 and a high of $39.47 in the current 52-week trading range. The BP stock was last observed hovering at around $23.41 in the last trading session, with the day’s gains setting it 0.67% off its average median price target of $26.26 for the next 12 months. It is also 39.56% off the consensus price target high of $39.84 offered by 29 analysts, but current levels are -55.15% lower than the price target low of $15.52 for the same period.
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Currently trading at $24.08, the stock is 11.85% and 21.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.29 million and changing 2.86% at the moment leaves the stock 11.69% off its SMA200. BP registered -40.63% loss for a year compared to 6-month loss of 1.08%. The firm has a 50-day simple moving average (SMA 50) of $21.22 and a 200-day simple moving average (SMA200) of $20.45.
The stock witnessed a 5.12% gain in the last 1 month and extending the period to 3 months gives it a 38.28%, and is 11.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.45% over the week and 2.68% over the month.
BP p.l.c. (BP) has around 70100 employees, a market worth around $81.11B and $206.69B in sales. Fwd P/E is 16.10. Profit margin for the company is -10.50%. Distance from 52-week low is 63.36% and -39.00% from its 52-week high. The company has generated returns on investments over the last 12 months (2.10%).
BP p.l.c. (BP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for BP p.l.c. (BP) is a “Overweight”. 29 analysts offering their recommendations for the stock have an average rating of 2.20, where 11 rate it as a Hold and 4 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
BP p.l.c. is expected to release its quarterly report on 05/04/2021 and quarterly earnings per share for the current quarter are estimated at $0.11 with sales reaching $47B over the same period.The EPS is expected to shrink by -57.20% this year, but quarterly earnings will post -28.90% year-over-year. Quarterly sales are estimated to shrink -33.90% in year-over-year returns.
BP p.l.c. (BP) Top Institutional Holders
962 institutions hold shares in BP p.l.c. (BP), with 67.5k shares held by insiders accounting for 0.00% while institutional investors hold 8.24% of the company’s shares. The shares outstanding are 3.38B, and float is at 3.36B with Short Float at 0.23%. Institutions hold 8.24% of the Float.
The top institutional shareholder in the company is State Street Corporation with over 28.77 million shares valued at $502.33 million. The investor’s holdings represent 0.85% of the BP Shares outstanding. As of Sep 29, 2020, the second largest holder is Dimensional Fund Advisors LP with 13.73 million shares valued at $239.8 million to account for 0.41% of the shares outstanding. The other top investors are FMR, LLC which holds 12.02 million shares representing 0.36% and valued at over $209.95 million, while Franklin Resources, Inc. holds 0.32% of the shares totaling 10.8 million with a market value of $188.54 million.
BP p.l.c. (BP): Who are the competitors?
The company’s main competitors (and peers) include Eni S.p.A. (E) that is trading -29.87% down over the past 12 months. Exxon Mobil Corporation (XOM) is -36.53% down on the 1-year trading charts. Short interest in the company’s stock has fallen -5.9% from the last report on Nov 12, 2020 to stand at a total of 8.08 million short shares sold with a short interest ratio of 0.48.