BP p.l.c. [BP] is 27.83% higher this YTD. Is it still time to buy?

BP p.l.c. [NYSE: BP] plunged by -$0.05 during the normal trading session on Friday and reaching a high of $26.34 during the day while it closed the day at $26.23. The company report on August 17, 2020 that Republic Services, Aria Energy and bp Partner on New Renewable Energy Project.

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Renewable Natural Gas Facility Begins Operations at South Shelby Landfill.

Republic Services (NYSE: RSG) and energy partners Aria Energy and bp (NYSE: BP) announced the startup of a landfill-gas-to-renewable-natural-gas (RNG) project at South Shelby Landfill. The project directly supports Republic’s commitment to send 50 percent more landfill gas to beneficial reuse by 2030.

BP p.l.c. stock has also loss -1.09% of its value over the past 7 days. However, BP stock has inclined by 6.71% in the 3 months of the year. Over the past six months meanwhile, it has gained 22.51% and gained 27.83% year-on date.

The market cap for BP stock reached $87.66 billion, with 3.38 billion shares outstanding and 3.34 billion shares in the current float. Compared to the average trading volume of 14.11M shares, BP reached a trading volume of 15639874 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BP p.l.c. [BP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BP shares is $31.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BP stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for BP p.l.c. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 21, 2021. The new note on the price target was released on April 16, 2021, representing the official price target for BP p.l.c. stock.

The Average True Range (ATR) for BP p.l.c. is set at 0.57, with the Price to Sales ratio for BP stock in the period of the last 12 months amounting to 0.64. The Price to Book ratio for the last quarter was 1.17, with the Price to Cash per share for the same quarter was set at 9.54. Price to Free Cash Flow for BP in the course of the last twelve months was 187.72 with Quick ratio for the last quarter at 0.90.

BP stock trade performance evaluation

BP p.l.c. [BP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.09. With this latest performance, BP shares gained by 2.86% in over the last four-week period, additionally plugging by 22.51% over the last 6 months – not to mention a rise of 13.35% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BP stock in for the last two-week period is set at 51.48, with the RSI for the last a single of trading hit 48.64, and the three-weeks RSI is set at 52.71 for BP p.l.c. [BP]. The present Moving Average for the last 50 days of trading for this stock 25.51, while it was recorded at 26.42 for the last single week of trading, and 22.09 for the last 200 days.

BP p.l.c. [BP]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and BP p.l.c. [BP] shares currently have an operating margin of -4.62 and a Gross Margin at -0.28. BP p.l.c.’s Net Margin is presently recorded at -11.26.

Return on Total Capital for BP is now -5.05, given the latest momentum, and Return on Invested Capital for the company is -13.95. Return on Equity for this stock declined to -25.05, with Return on Assets sitting at -7.56. When it comes to the capital structure of this company, BP p.l.c. [BP] has a Total Debt to Total Equity ratio set at 114.98. Additionally, BP Total Debt to Total Capital is recorded at 53.48, with Total Debt to Total Assets ending up at 30.61. Long-Term Debt to Equity for the company is recorded at 99.16, with the Long-Term Debt to Total Capital now at 46.11.

Reflecting on the efficiency of the workforce at the company, BP p.l.c. [BP] managed to generate an average of -$248,965 per employee. Receivables Turnover for the company is 8.36 with a Total Asset Turnover recorded at a value of 0.67.BP p.l.c.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for BP p.l.c. [BP] stock

With the latest financial reports released by the company, BP p.l.c. posted -1.98/share EPS, while the average EPS was predicted by analysts to be reported at -1.1/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -80.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BP p.l.c. go to -3.00%.

BP p.l.c. [BP]: Insider Ownership positions

There are presently around $7,291 million, or 8.50% of BP stock, in the hands of institutional investors. The top three institutional holders of BP stocks are: STATE STREET CORP with ownership of 27,257,468, which is approximately -4.036% of the company’s market cap and around 0.50% of the total institutional ownership; ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, holding 17,382,782 shares of the stock with an approximate value of $455.95 million in BP stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $374.55 million in BP stock with ownership of nearly 4.364% of the company’s market capitalization.

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Positions in BP p.l.c. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 460 institutional holders increased their position in BP p.l.c. [NYSE:BP] by around 53,267,690 shares. Additionally, 384 investors decreased positions by around 42,386,004 shares, while 152 investors held positions by with 182,320,427 shares. The mentioned changes placed institutional holdings at 277,974,121 shares, according to the latest SEC report filing. BP stock had 133 new institutional investments in for a total of 16,260,071 shares, while 75 institutional investors sold positions of 8,520,848 shares during the same period.

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