Imperial Oil Ltd (AMEX: IMO) is 8.18% higher on its value in year-to-date trading and has touched a low of $55.82 and a high of $80.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IMO stock was last observed hovering at around $71.45 in the last trading session, with the day’s loss setting it -4.81%.
Currently trading at $66.64, the stock is -1.87% and -3.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -6.73% at the moment leaves the stock -5.33% off its SMA200. IMO registered 13.16% gain for a year compared to 6-month loss of -6.88%. The firm has a 50-day simple moving average (SMA 50) of $68.9178 and a 200-day simple moving average (SMA200) of $70.39505.
The stock witnessed a 9.01% gain in the last 1 month and extending the period to 3 months gives it a -9.90%, and is -5.21% down 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 3.41% over the week and 2.79% over the month.
Imperial Oil Ltd (IMO) has around 5300 employees, a market worth around $34.88B and $36.14B in sales. Current P/E ratio is 10.11 and Fwd P/E is 10.68. Profit margin for the company is 9.68%. Distance from 52-week low is 19.38% and -16.88% from its 52-week high. The company has generated returns on investments over the last 12 months (10.71%).
with sales reaching $16.83B over the same period.The EPS is expected to shrink by -8.49% this year, but quarterly earnings will post 11.09% year-over-year. Quarterly sales are estimated to grow 36.99% in year-over-year returns.
Imperial Oil Ltd (IMO) Top Institutional Holders
508.0 institutions hold shares in Imperial Oil Ltd (IMO), with institutional investors hold 97.33% of the company’s shares. The shares outstanding are 509.00M, and float is at 169.05M with Short Float at 9.37%. Institutions hold 26.02% of the Float.
The top institutional shareholder in the company is FMR LLC with over 35.6 million shares valued at $2.43 billion. The investor’s holdings represent 6.6447% of the IMO Shares outstanding. As of 2024-06-30, the second largest holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC with 21.86 million shares valued at $1.49 billion to account for 4.0799 of the shares outstanding. The other top investors are ROYAL BANK OF CANADA which holds 8.53 million shares representing 1.5917% and valued at over $582.05 million, while VANGUARD GROUP INC holds 1.2012 of the shares totaling 6.44 million with a market value of $439.26 million.
Imperial Oil Ltd (IMO) Insider Activity
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