BP p.l.c. [NYSE: BP] closed the trading session at $27.08 on 09/27/21. The day’s price range saw the stock hit a low of $26.90, while the highest price level was $27.24.
The stocks have a year to date performance of 31.97 percent and weekly performance of 9.06 percent. The stock has been moved at 7.55 percent over the last six months. The stock has performed 11.44 percent around the most recent 30 days and changed 2.34 percent over the most recent 3-months.
If compared to the average trading volume of 10.74M shares, BP reached to a volume of 15128349 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 $33.45 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.
Morgan Stanley have made an estimate for BP p.l.c. shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 06, 2021. The new note on the price target was released on June 24, 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 0.63, with the Price to Sales ratio for BP stock in the period of the last 12 months amounting to 0.63. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 10.41. Price to Free Cash Flow for BP in the course of the last twelve months was 23.67 with Quick ratio for the last quarter at 0.90.
BP stock trade performance evaluation
BP p.l.c. [BP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.06. With this latest performance, BP shares gained by 11.44% in over the last four-week period, additionally plugging by 7.55% over the last 6 months – not to mention a rise of 51.62% 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 67.83, with the RSI for the last a single of trading hit 74.72, and the three-weeks RSI is set at 62.84 for BP p.l.c. [BP]. The present Moving Average for the last 50 days of trading for this stock 24.78, while it was recorded at 26.07 for the last single week of trading, and 24.81 for the last 200 days.
BP p.l.c. [BP]: An insightful look at the core fundamentals
BP p.l.c.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.
Earnings per share (EPS) analysis for BP p.l.c. [BP] stock
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 $7,843 million, or 9.10% of BP stock, in the hands of institutional investors. The top three institutional holders of BP stocks are: STATE STREET CORP with ownership of 26,838,744, which is approximately -1.536% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 16,275,155 shares of the stock with an approximate value of $440.73 million in BP stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $381.37 million in BP stock with ownership of nearly -1.376% of the company’s market capitalization.
479 institutional holders increased their position in BP p.l.c. [NYSE:BP] by around 56,543,180 shares. Additionally, 378 investors decreased positions by around 44,753,489 shares, while 179 investors held positions by with 188,326,385 shares. The mentioned changes placed institutional holdings at 289,623,054 shares, according to the latest SEC report filing. BP stock had 129 new institutional investments in for a total of 14,966,495 shares, while 58 institutional investors sold positions of 6,053,818 shares during the same period.