COP stock has undergone multiple analysts rating changes in the recent past. ConocoPhillips stock Target Raised by KeyCorp on 10/14/2021. In a note to investors, the firm issued a new target price of $78.00. The analysts previously had $76.00 target price. KeyCorp’s price target would indicate a potential upside of 6.51% from the stock’s previous close.
Shares of ConocoPhillips traded up $0.21 on Wednesday, reaching $73.43. 1193983 shares of the stock traded hands, compared to its average volume of 10392044. On Wednesday, Shares of ConocoPhillips closed at $73.43. The firm’s 50 day moving average is $60.39 and its 200 day moving average is $54.91.ConocoPhillips has a 12 month low of $27.53 and a 12 month high of $75.52. While on yearly highs and lows, ConocoPhillips today has traded high as $74.61 and has touched $73.18 on the downward trend.
ConocoPhillips Earnings and What to expect:
ConocoPhillips last released its earnings results on August 3rd, 2021. The energy producer reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.17. The firm earned $10.21 billion during the quarter, compared to analyst estimates of $10.44 billion. ConocoPhillips has generated ($0.97) earnings per share over the last year ($1.16 diluted earnings per share) and currently has a price-to-earnings ratio of 63.1. Earnings for ConocoPhillips are expected to grow by 6.68% in the coming year, from $4.79 to $5.11 per share. ConocoPhillips has confirmed that its next quarterly earnings report will be published on Tuesday, November 2nd, 2021. ConocoPhillips will be holding an earnings conference call on Tuesday, November 2nd at 12:00 PM Eastern. Interested parties can .
Earnings for ConocoPhillips are expected to grow by 6.68% in the coming year, from $4.79 to $5.11 per share. The P/E ratio of ConocoPhillips is 63.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.53. The P/E ratio of ConocoPhillips is 63.13, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 25.10. ConocoPhillips has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued. ConocoPhillips has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
ConocoPhillips (NYSE:COP) Moving Average Technical Analysis
5 day Moving Average is $$73.41 And 5 day price change is $1.42 (1.98%) with average volume for 5 day average is 9,914,021. While technical analysis for average 20 days shows significant difference, 20 day moving average is $67.40 and 20 day price change is $13.91 (23.45%) and average 20 day moving volume is 11,874,265. 50 day moving average is $60.39 and 50 day price change is $16.59 ( 29.29%) and with average volume for 50 days is : 8,957,136. 200 day moving average is $54.91 and 200 day price change is $33.93 (86.34%) and with average volume for 200 days is : 9,479,498.
Other owners latest trading in COP :
- On 10/14/2021 shares held by Capital Asset Advisory Services LLC were 19,477 which equates to market value of $1.32M and appx 0.10% owners of COP
- On 10/13/2021 shares held by Hollencrest Capital Management were 2,962 which equates to market value of $0.20M and appx 0.00% owners of COP
- On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 29,276 which equates to market value of $1.67M and appx 0.20% owners of COP
- In total Institutional ownership equates to Institutional Ownership Percentage: 78.47% for COP
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