Wall Street analysts will be watching closely when BP p.l.c. (NYSE:BP) reports its quarterly earnings next, which is scheduled for Tue 7 May (In 86 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.66 per share. In the preceding quarter, the company reportedly generated EPS of $1.02 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 4.50%, a profit margin of 3.00% and a gross margin of 15.40%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of BP p.l.c. (NYSE:BP). Most recently, on December 18th, 2018, Wells Fargo Initiated a Market Perform rating. Before that, on November 20th, 2018, Raymond James Upgrade to Outperform. Piper Jaffray Resumed a Overweight rating on October 23rd, 2018, Berenberg Initiated an Buy rating on September 11th, 2018, and Morgan Stanley Upgrade a Overweight rating on September 5th, 2018.
At its current price point, combined with the fact that this company has 3.38B shares outstanding, the current market capitalization sits at 143.60B. In the last trading day, 4,964,280 shares of BP p.l.c. were traded, which compares to its usual volume of about 7.35M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $1.15 in the past five trading days, resulting in a percentage change of +2.78% and a moving average of 42.49. In the past 20 days, its price changed by $1.79 (which is +4.40%) and the stock’s moving average was 40.88. Looking back a full 50 days, shares of BP changed by $1.96 (which is +4.84%) and demonstrated a moving average of 39.85.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 83.16%, a 14-day Stochastic %K score of 84.28% and a 20-day Stochastic %K score of 84.28%. Using a similar metric, BP p.l.c. (BP) shares showed a Stochastic %D of 88.93% over the past 9 days, a Stochastic %D score of 89.30% over the last 14 days, and a 20-day Stochastic %D of 89.30%. Meanwhile, this stock’s MACD Oscillator was 0.99 over the past 9 days, 1.62 over the past two weeks, and 1.86 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $42.49 level. Over the past 12 months, this stock has experienced a high price of $47.83 and a low of $36.28. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
SSgA Funds Management Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from BP p.l.c. (NYSE:BP) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 27,792,920 shares of the company’s stock following the addition of 145,946 to this investor’s holdings during the three-month period. This share count represents that SSgA Funds Management Inc now held 0.83% stake in BP p.l.c. (BP)’s shares.
Just in the most recent trading day, BP p.l.c. (NYSE:BP) experienced a high price of $42.5 and low point of $42.15. At the end of the last trading session, this stock was at 42.49 per share, following a loss of -$0.3, or -0.49% during the full day.