Conoco Phillips [COP] stock prices are down -0.05% to $101.62 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The COP shares have gain 2.47% over the last week, with a monthly amount drifted -1.55%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Conoco Phillips [NYSE: COP] stock has seen the most recent analyst activity on December 16, 2024, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $134 from $132. Previously, Morgan Stanley started tracking the stock with Overweight rating on December 16, 2024, and set its price target to $128. JP Morgan upgraded its rating to a Overweight and increased its price target to $123 on December 05, 2024. In a note dated April 10, 2024, Barclays initiated an Overweight rating and provided a target price of $158 on this stock.
The stock price of Conoco Phillips [COP] has been fluctuating between $94.23 and $134.71 over the past year. Currently, Wall Street analysts expect the stock to reach $142 within the next 12 months. Conoco Phillips [NYSE: COP] shares were valued at $101.62 at the most recent close of the market. An investor can expect a potential return of 39.74% based on the average COP price forecast.
Analyzing the COP fundamentals
The Conoco Phillips [NYSE:COP] reported sales of 55.02B for trailing twelve months, representing a drop of -8.90%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.2 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
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 100.76 points at the first support level, and at 99.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.46, and for the 2nd resistance point, it is at 103.31.
Ratios To Look Out For
It’s worth pointing out that Conoco Phillips [NYSE:COP]’s Current Ratio is 1.30. As well, the Quick Ratio is 1.16, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 2.39, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 12.07.
Transactions by insiders
Recent insider trading involved Murti Arjun N, Director, that happened on Dec 20 ’24 when 2500.0 shares were purchased. Director, WALKER R A completed a deal on Dec 17 ’24 to buy 10400.0 shares. Meanwhile, Director LEACH TIMOTHY A sold 55500.0 shares on Aug 13 ’24.
