BP plc ADR (NYSE: BP) is -2.10% lower on its value in year-to-date trading and has touched a low of $25.22 and a high of $37.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BP stock was last observed hovering at around $28.88 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $28.94, the stock is -0.43% and -4.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.69 million and changing 0.21% at the moment leaves the stock -7.12% off its SMA200. BP registered -22.33% loss for a year compared to 6-month loss of -1.63%. The firm has a 50-day simple moving average (SMA 50) of $30.1968 and a 200-day simple moving average (SMA200) of $31.1576.
The stock witnessed a 1.19% gain in the last 1 month and extending the period to 3 months gives it a -14.61%, and is -3.89% 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 0.65% over the week and 1.95% over the month.
BP plc ADR (BP) has around 100500 employees, a market worth around $456.85B and $187.21B in sales. Fwd P/E is 9.77. Profit margin for the company is -0.64%. Distance from 52-week low is 14.73% and -22.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.98%).
with sales reaching $42.88B over the same period.The EPS is expected to shrink by -22.13% this year, but quarterly earnings will post -4.77% year-over-year. Quarterly sales are estimated to shrink -9.35% in year-over-year returns.
1286.0 institutions hold shares in BP plc ADR (BP), with institutional investors hold 12.68% of the company’s shares. The shares outstanding are 2.63B, and float is at 2.61B with Short Float at 0.59%. Institutions hold 12.68% of the Float.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 21.81 million shares valued at $787.46 million. The investor’s holdings represent 0.8019 of the BP Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 21.76 million shares valued at $785.46 million to account for 0.7999 of the shares outstanding. The other top investors are STATE STREET CORP which holds 21.31 million shares representing 0.7835 and valued at over $769.35 million, while MORGAN STANLEY holds 0.549 of the shares totaling 15.18 million with a market value of $547.97 million.
