During the last negotiation session, BP (BP) ended at $ 30.32, marking a move of -2.98% compared to the day before. The stock followed the S&P 500, which recorded a daily gain of 0.96%. At the same time, the DOW added 0.89% and the NASDAQ, heavy in technology, won 0.94%.
The shares of the oil and gas company experienced an increase of 7.43% in the last month, exceeding the gain in the oil-energy sector of 6.67% and the gain in S&P 500 of 0.5%.
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The next publication of BP profits will be of great interest to investors. The company’s share profit (BPA) should be $ 0.62, reflecting a decrease of 38% compared to the same quarter of last year. Meanwhile, the estimate of Zacks consensus for income provides net sales of $ 60.31 billion, up 24.99% compared to the period of the previous year.
With regard to the year, Zacks’ consensus estimates that the benefit of forecasts of $ 2.33 per share and a turnover of $ 234.66 billion, indicating changes of -28.53% and + 20.57%, respectively, compared to the previous year.
It is also important that investors are aware of any recent modification of the estimates of COP analysts. Recent revisions tend to reflect the latest short -term commercial trends. Consequently, positive changes in estimates mean the optimism of analysts concerning the company and profitability.
Based on our research, we believe that these estimated revisions are directly linked to short -term stock movements. To exploit this, we have formed the Row Zacks, a quantitative model which includes these estimation changes and presents a viable rating system.
The Zacks classification system varies from n ° 1 (strong purchase) to # 5 (Strong Sell). It has a remarkable and external success assessment, with actions n ° 1 offering an average annual return of + 25% since 1988. During the last month, the BPA estimate of Zacks consensus increased by 0.14%. Currently, BP carries a row zacks of # 3 (Hold).
From the point of view of the evaluation, BP currently exchanges with a P / E ratio before 13.4. By way of comparison, its industry has an average p / e of 11.11, which means that BP is negotiated to a premium of the group.
It should also be noted that BP currently has a PEG report of 2.03. The PEG ratio resembles the P / E ratio frequently used, but this parameter also includes the socket growth of the company expected from the company. Oil and gas – Integrated – International had an average PEG ratio of 1.89 at yesterday’s fence price.
Integrated oil and gas industry is part of the energy-energy sector. This industry, currently carrying a rank of the ZACKS industry in 202, is found in the 18% lower levels of 250+ industries.
