Conoco Phillips [NYSE: COP] stock went on a downward path that fall over -1.28% on Tuesday, amounting to a one-week price decrease of less than -2.78%.
Over the last 12 months, COP stock dropped by -9.04%. The one-year Conoco Phillips stock forecast points to a potential upside of 24.01. The average equity rating for COP stock is currently 1.33, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $131.14 billion, with 1.29 billion shares outstanding and 1.29 billion shares in the current float. Compared to the average trading volume of 6.94M shares, COP stock reached a trading volume of 4742006 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Conoco Phillips [COP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COP shares is $133.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COP stock is a recommendation set at 1.33. 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.
TD Cowen have made an estimate for Conoco Phillips shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 17, 2025. While these analysts kept the previous recommendation, Mizuho raised their target price from $132 to $134. The new note on the price target was released on December 16, 2024, representing the official price target for Conoco Phillips stock. Previously, the target price had yet another raise to $128, while Morgan Stanley analysts kept a Overweight rating on COP stock.
The Average True Range (ATR) for Conoco Phillips is set at 2.13, with the Price to Sales ratio for COP stock in the period of the last 12 months amounting to 2.38. The Price to Book ratio for the last quarter was 2.34, with the Price to Cash per share for the same quarter was set at 5.25. Price to Free Cash Flow for COP in the course of the last twelve months was 14.18 with Quick ratio for the last quarter at 1.16.
COP Stock Performance Analysis:
Conoco Phillips [COP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.78. With this latest performance, COP shares gained by 4.40% in over the last four-week period, additionally sinking by -8.38% over the last 6 months – not to mention a drop of -9.04% 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 COP stock in for the last two-week period is set at 45.72, with the RSI for the last a single of trading hit 42.79, and the three-weeks RSI is set at 46.20 for Conoco Phillips [COP]. The present Moving Average for the last 50 days of trading for this stock 103.60, while it was recorded at 102.59 for the last single week of trading, and 110.86 for the last 200 days.
Insight into Conoco Phillips Fundamentals:
Conoco Phillips’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.16 and a Current Ratio set at 1.30.
COP Stock EPS
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 COP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Conoco Phillips go to 0.81%.
Conoco Phillips [COP] Institutonal Ownership Details
There are presently around $75.65%, or 75.71%% of COP stock, in the hands of institutional investors. The top three institutional holders of COP stocks are: VANGUARD GROUP INC with ownership of 108.92 million shares, which is approximately 9.2468%. BLACKROCK INC., holding 96.95 million shares of the stock with an approximate value of $$11.09 billion in COP stocks shares; and BLACKROCK INC., currently with $$6.44 billion in COP stock with ownership which is approximately 4.7767%.
