How Do BP plc ADR (NYSE:BP)’s Fundamentals Affect Performance

The price of BP plc ADR (NYSE:BP) shares last traded on Wall Street fell -2.29% to $35.47.

Based on available information, 31 analysts follow BP plc ADR (NYSE:BP). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $72.74 and a low of $38.19, we find $42.98. Given the previous closing price of $36.30, this indicates a potential upside of 18.4 percent. BP stock price is now -7.52% away from the 50-day moving average and -5.31% away from the 200-day moving average. The market capitalization of the company currently stands at $100.43B.

Among analysts, 9 rate the stock a hold while 16 rate it a buy. Brokers who have rated the stock have averaged $44.65 as their price target over the next twelve months.

A total of 0.24% of the company’s stock is owned by insiders.

A candlestick chart of BP plc ADR (NYSE: BP) showed a price of $35.75 on Tuesday morning. During the past 12 months, BP plc ADR has had a low of $32.28 and a high of $41.38. As of last week, the company has a debt-to-equity ratio of 0.82, a current ratio of 1.21, and a quick ratio of 0.91. The fifty day moving average price for BP is $38.36 and a two-hundred day moving average price translates $37.46 for the stock.

The latest earnings results from BP plc ADR (NYSE: BP) was released for Sep, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $0.9, missing analysts’ expectations of $1.2 by -0.3. This compares to -$0.63 EPS in the same period last year. The net profit margin was 11.30% and return on equity was 39.31% for BP. The company reported revenue of $54.02 billion for the quarter, compared to $57.81 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.56 percent. For the current quarter, analysts expect BP to generate $57.71B in revenue.

BP plc ADR(BP) Company Profile

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. Further, it engages in power and storage, digital transformation, carbon management, and bio and low carbon related products, as well as energy and environmental commodities and mobility businesses. The company was founded in 1908 and is headquartered in London, the United Kingdom.

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