A share price of Conoco Phillips [COP] is currently trading at $115.02, down -0.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The COP shares have gain 3.42% over the last week, with a monthly amount glided 3.66%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Conoco Phillips [NYSE: COP] stock has seen the most recent analyst activity on December 14, 2023, when Johnson Rice downgraded its rating to a Hold. Previously, Johnson Rice started tracking the stock with Accumulate rating on November 14, 2023, and set its price target to $135. On July 07, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $120 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $139 on April 19, 2023. Mizuho downgraded its rating to a Neutral and reduced its price target to $128 on April 17, 2023. Societe Generale upgraded its rating to Hold for this stock on April 05, 2023, but kept the price target unchanged to $105. In a note dated February 03, 2023, CapitalOne downgraded an Equal Weight rating on this stock but restated the target price of $102.
Conoco Phillips experienced fluctuations in its stock price throughout the past year between $89.81 and $127.12. Currently, Wall Street analysts expect the stock to reach $118.95 within the next 12 months. Conoco Phillips [NYSE: COP] shares were valued at $115.02 at the most recent close of the market. An investor can expect a potential return of 3.42% based on the average COP price forecast.
Analyzing the COP fundamentals
Trailing Twelve Months sales for Conoco Phillips [NYSE:COP] were 56.05B which represents -19.08% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.23 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 114.34 points at the first support level, and at 113.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.71, and for the 2nd resistance point, it is at 116.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Conoco Phillips [NYSE:COP] is 1.43. Further, the Quick Ratio stands at 1.29, while the Cash Ratio is 0.56. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 12.68.
Transactions by insiders
Recent insider trading involved DELK CHRISTOPHER P., Vice President, Controller, that happened on Feb 22 ’24 when 8505.0 shares were sold. Executive Vice President, Macklon Dominic E. completed a deal on Feb 21 ’24 to sell 23372.0 shares. Meanwhile, Senior Vice President Hrap Heather G. sold 4548.0 shares on Feb 20 ’24.
