The stock of Imperial Oil Ltd (AMEX: IMO) has decreased by -0.68 when compared to last closing price of 73.64.Despite this, the company has seen a loss of -3.64% in its stock price over the last five trading days. businesswire.com reported 2024-11-27 that CALGARY, Alberta–(BUSINESS WIRE)–(TSE: IMO, NYSE American: IMO) Brad Corson, chairman, president and chief executive officer, and Peter Shaw, vice-president, investor relations, Imperial Oil Limited, will host a 2025 corporate guidance outlook call and presentation on Thursday, December 12, following the release that morning of the company’s 2025 corporate guidance outlook. The event begins at 9 a.m. MT and will be accessible by webcast. During the call, Mr. Corson will offer brief remarks pr.
Is It Worth Investing in Imperial Oil Ltd (AMEX: IMO) Right Now?
Imperial Oil Ltd (AMEX: IMO) has a price-to-earnings ratio of 10.93x that is above its average ratio. Additionally, the 36-month beta value for IMO is 1.44. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 16 rating it as “hold,” and 3 rating it as “sell.”
The public float for IMO is 173.01M and currently, short sellers hold a 9.51% ratio of that float. The average trading volume of IMO on November 28, 2024 was 418.32K shares.
IMO’s Market Performance
IMO stock saw a decrease of -3.64% in the past week, with a monthly decline of -1.11% and a quarterly a decrease of -4.22%. The volatility ratio for the week is 2.22%, and the volatility levels for the last 30 days are 2.79% for Imperial Oil Ltd (IMO). The simple moving average for the past 20 days is -1.04% for IMO’s stock, with a 4.30% simple moving average for the past 200 days.
Analysts’ Opinion of IMO
Many brokerage firms have already submitted their reports for IMO stocks, with Wolfe Research repeating the rating for IMO by listing it as a “Outperform.” The predicted price for IMO in the upcoming period, according to Wolfe Research is $108 based on the research report published on July 18, 2024 of the current year 2024.
IMO Trading at -1.57% from the 50-Day Moving Average
After a stumble in the market that brought IMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.77% of loss for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares sank -1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.26% upper at present.
During the last 5 trading sessions, IMO fell by -3.64%, which changed the moving average for the period of 200-days by +24.83% in comparison to the 20-day moving average, which settled at $73.91. In addition, Imperial Oil Ltd saw 27.89% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IMO
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.15 for the gross margin
The net margin for Imperial Oil Ltd stands at 0.1. The total capital return value is set at 0.17. Equity return is now at value 20.64, with 11.37 for asset returns.
Based on Imperial Oil Ltd (IMO), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 1.54. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 113.58.
Currently, EBITDA for the company is 8.35 billion with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.15. The receivables turnover for the company is 8.92for trailing twelve months and the total asset turnover is 1.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In conclusion, Imperial Oil Ltd (IMO) has seen mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
