At the time of writing, Conoco Phillips [COP] stock is trading at $104.23, up 2.27%. 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 3.11% over the last week, with a monthly amount glided 1.83%, and 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.
For the past year, the stock price of Conoco Phillips fluctuated between $94.23 and $134.71. Currently, Wall Street analysts expect the stock to reach $142 within the next 12 months. Conoco Phillips [NYSE: COP] shares were valued at $104.23 at the most recent close of the market. An investor can expect a potential return of 36.24% based on the average COP price forecast.
Analyzing the COP fundamentals
According to Conoco Phillips [NYSE:COP], the company’s sales were 55.02B for trailing twelve months, which represents an -8.90% plunge. 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. 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 102.47 points at the first support level, and at 100.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.55, and for the 2nd resistance point, it is at 106.86.
Ratios To Look Out For
It is important to note that Conoco Phillips [NYSE:COP] has a current ratio of 1.30. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 2.45, the price to book ratio is 2.40 and price to earnings (TTM) ratio is 12.38.
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.
