ConocoPhillips (NYSE:COP) went down by -3.75% from its latest closing price compared to the recent 1-year high of $61.14. The company’s stock price has collected 2.86% of gains in the last five trading sessions. Barron’s reported on 04/26/21 that Analysts Have Higher Hopes for These 4 Energy Stocks
Is It Worth Investing in ConocoPhillips (NYSE :COP) Right Now?
Plus, the 36-month beta value for COP is at 1.77. Opinions of the stock are interesting as 23 analysts out of 30 who provided ratings for ConocoPhillips declared the stock was a “buy,” while 5 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $65.67, which is $13.85 above the current price. COP currently public float of 1.07B and currently shorts hold a 1.14% ratio of that float. Today, the average trading volume of COP was 9.90M shares.
COP’s Market Performance
COP stocks went up by 2.86% for the week, with a monthly drop of -3.45% and a quarterly performance of 27.75%, while its annual performance rate touched 21.47%. The volatility ratio for the week stands at 3.17% while the volatility levels for the past 30 days are set at 2.81% for ConocoPhillips. The simple moving average for the period of the last 20 days is -0.45% for COP stocks with a simple moving average of 21.00% for the last 200 days.
Analysts’ Opinion of COP
Goldman, on the other hand, stated in their research note that they expect to see COP reach a price target of $52. The rating they have provided for COP stocks is “Buy” according to the report published on February 03rd, 2021.
Scotiabank gave a rating of “Sector Outperform” to COP, setting the target price at $56 in the report published on January 14th of the current year.
COP Trading at -3.78% from the 50-Day Moving Average
After a stumble in the market that brought COP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.36% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares sank -5.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.23% upper at present.
During the last 5 trading sessions, COP rose by +2.86%, which changed the moving average for the period of 200-days by +22.87% in comparison to the 20-day moving average, which settled at $51.23. In addition, ConocoPhillips saw 27.88% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at COP starting from Macklon Dominic E., who sale 11,134 shares at the price of $53.13 back on Mar 02. After this action, Macklon Dominic E. now owns 0 shares of ConocoPhillips, valued at $591,605 using the latest closing price.
Seaton David Thomas, the Director of ConocoPhillips, purchase 2,400 shares at $41.03 during a trade that took place back on May 13, which means that Seaton David Thomas is holding 2,500 shares at $98,472 based on the most recent closing price.
Stock Fundamentals for COP
Current profitability levels for the company are sitting at:
- -9.75 for the present operating margin
- -3.44 for the gross margin
The net margin for ConocoPhillips stands at -14.39. The total capital return value is set at -3.78, while invested capital returns managed to touch -5.66. Equity return is now at value -8.80, with -4.30 for asset returns.
Based on ConocoPhillips (COP), the company’s capital structure generated 54.12 points at debt to equity in total, while total debt to capital is 35.12. Total debt to assets is 25.80, with long-term debt to equity ratio resting at 51.29. Finally, the long-term debt to capital ratio is 33.28.
When we switch over and look at the enterprise to sales, we see a ratio of 2.80, with the company’s debt to enterprise value settled at 0.31. The receivables turnover for the company is 6.10 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.