BP Plc (NYSE:BP) shares traded -0.3% down during most recent session to reach at the closing price of $40.12. The stock exchanged hands 4.17 Million shares versus average trading capacity of 7.55 Million shares, yielding a market cap of $136.17 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $49.15 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have BP Plc (NYSE:BP) high price target of $58 and with a conservative view have low price target of $41.
Wells Fargo “Initiates Coverage On” BP Plc (NYSE:BP) in a research note issued to investors on 12/18/18 to Market Perform with price target of $41.
Additionally on 11/20/18 Raymond James “Upgrades” BP Plc (NYSE:BP) to Outperform setting price target at $0 and on 9/11/18 Berenberg “Initiates Coverage On” the stock to Buy at $0. Furthermore on 9/05/18 Morgan Stanley “Upgrades” the stock to Overweight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 55.98 along with Average True Range (ATR 14) of 0.8, Consequently BP Plc (NYSE:BP)’s weekly and monthly volatility is 1.30%, 2.09% respectively. The company’s beta value is at 0.8.
In terms of Buy, Sell or Hold recommendations, BP Plc (NYSE:BP) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts BP Plc (NYSE:BP)’s minimum EPS for the current quarter is at $0.68 and can go high up to $1.06. The consensus mean EPS for the current quarter is at $0.83 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.66 earnings per share for the same quarter during last year.
Previously BP Plc (NYSE:BP) reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.29. The company posted an earnings surprise of 34.1%.
BP Plc (NYSE:BP)’s revenue estimates for the current quarter are $74.34 Billion according to 3 number of analysts, for the current quarter the company has high revenue estimates of $84.14 Billion in contradiction of low revenue estimates of $60.67 Billion. For the current year the company’s revenue estimates are $314.56 Billion compared to low analyst estimates of $297.38 Billion and high estimates of $337 Billion according to 4 number of analysts.
Currently BP Plc (NYSE:BP)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 13.1%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.15%.
BP Plc (NYSE:BP)’s trailing twelve month revenues are $290.9 Billion, whereas its price to sales ratio for the same period is 0.47. Its book value per share for the most recent quarter is $30.43 while its price to book ratio for the same period is 1.32, as for as the company’s cash per share for the most recent quarter is $7.75, however its price to cash per share ratio for the same period is 5.18. The stock has 5 year expected PEG ratio of 0.44 whereas its trailing twelve month P/E ratio is 13.94.