Analysts Estimate Report : What to Look Out for China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP)

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Earnings results for China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP)

China Petroleum & Chemical Corporation is estimated to report earnings on 08/26/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $1.94.

Analyst Opinion on China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP)

4 Wall Street analysts have issued ratings and price targets for China Petroleum & Chemical in the last 12 months. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus rating of “Hold.”

There is not enough analysis data for China Petroleum & Chemical.

Dividend Strength: China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP)

China Petroleum & Chemical is a leading dividend payer. It pays a dividend yield of 10.45%, putting its dividend yield in the top 25% of dividend-paying stocks. China Petroleum & Chemical has only been increasing its dividend for 1 years. The dividend payout ratio of China Petroleum & Chemical is 75.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, China Petroleum & Chemical will have a dividend payout ratio of 111.89% in the coming year. This indicates that China Petroleum & Chemical may not be able to sustain their current dividend.

Insiders buying/selling: China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP)

In the past three months, China Petroleum & Chemical insiders have not sold or bought any company stock. 92.20% of the stock of China Petroleum & Chemical is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 0.76% of the stock of China Petroleum & Chemical is held by institutions.

Earnings and Valuation of China Petroleum & Chemical Stock Forecast, Price & News (NYSE:SNP

Earnings for China Petroleum & Chemical are expected to grow by 158.43% in the coming year, from $1.66 to $4.29 per share. The P/E ratio of China Petroleum & Chemical is 16.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.60. The P/E ratio of China Petroleum & Chemical is 16.51, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.64. China Petroleum & Chemical has a PEG Ratio of 3.77. PEG Ratios above 1 indicate that a company could be overvalued. China Petroleum & Chemical has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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