With 28.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.17 million shares. The 52-week range on BP shows that it touched its highest point at $39.48 and its lowest point at $25.22 during that stretch. It currently has a 1-year price target of $35.58. With its current market cap of 76.25 billion, BP has annualized dividend of $1.88 while the current yield stands at 6.43%. Beta for the stock currently stands at 0.49.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BP was up-trending over the past week, with a rise of 0.17%, but this was down by -6.89% over a month. Three-month performance dropped to -5.47% while six-month performance rose 0.55%. The stock lost -23.65% in the past year, while it has lost -1.29% so far this year. A look at the trailing 12-month EPS for BP yields -0.46 with Next year EPS estimates of 3.13. For the next quarter, that number is 0.67. This implies an EPS growth rate of -18.61% for this year and 17.88% for next year. EPS is expected to grow by 4.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -34.57%.
Float and Shares Shorts:
At present, 2.63 billion BP shares are outstanding with a float of 2.61 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BP since 12 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.44259 being high and $3.14496 being low. For BP, this leads to a yearly average estimate of $3.32354.
