This is why Imperial Oil Ltd (IMO) Stock is one of the options for the Longer run

A share price of Imperial Oil Ltd [IMO] is currently trading at $71.00, up 0.85%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IMO shares have gain 5.88% over the last week, with a monthly amount glided 10.56%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Imperial Oil Ltd [AMEX: IMO] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research downgraded its rating to a Peer Perform. Previously, JP Morgan downgraded its rating to Underweight on December 19, 2024. JP Morgan upgraded its rating to a Neutral. Goldman downgraded its rating to a Neutral. In a note dated April 12, 2023, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $82 to $78.

Imperial Oil Ltd experienced fluctuations in its stock price throughout the past year between $54.74 and $80.17. Currently, Wall Street analysts expect the stock to reach $44.99 within the next 12 months. Imperial Oil Ltd [AMEX: IMO] shares were valued at $71.00 at the most recent close of the market. An investor can expect a potential drop of -36.63% based on the average IMO price forecast.

Analyzing the IMO fundamentals

Trailing Twelve Months sales for Imperial Oil Ltd [AMEX:IMO] were 36.22B which represents -6.61% decline. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.21 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.

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 69.80 points at the first support level, and at 68.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.15, and for the 2nd resistance point, it is at 73.29.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Imperial Oil Ltd [AMEX:IMO] is 1.44. In addition, the Quick Ratio stands at 1.08 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 1.03, the price to book ratio is 2.12 and price to earnings (TTM) ratio is 10.61.

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