In today’s recent session, 4.27 million shares of the BP plc ADR (NYSE:BP) have been traded, and its beta is 0.39. Most recently the company’s share price was $34.62, and it changed around $0.33 or 0.95% from the last close, which brings the market valuation of the company to $91.39B. BP at last check was trading at a discount to its 52-week high of $40.40, offering almost -16.7% off that amount. The share price’s 52-week low was $27.82, which indicates that the recent value has risen by an impressive 19.64% since then. We note from BP plc ADR’s average daily trading volume that its 10-day average is 14.57 million shares, with the 3-month average coming to 12.06 million.
BP plc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.50. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 10 recommended BP as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. BP plc ADR is expected to report earnings per share of 0.7 for the current quarter.
BP plc ADR (NYSE:BP) trade information
Instantly BP has been showing a green trend so far today with a performance of 0.95% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 34.95 on recent trading dayincreased the stock’s daily price by 0.94%. The company’s shares are currently up 17.10% year-to-date, but still up 0.01% over the last five days. On the other hand, BP plc ADR (NYSE:BP) is 4.17% up in the 30-day period. We can see from the shorts that 11.28 million shares have been sold at a short interest cover period of 1.03 day(s).
The consensus price target as assigned by Wall Street analysts is $50, which translates to bulls needing to increase their stock price by 30.76% from its current value. Analyst projections state that BP is forecast to be at a low of $50 and a high of $50.
BP plc ADR (BP) estimates and forecasts
The year-over-year growth rate is expected to be -5.24%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 40.12B in revenue for the current quarter. 2 analysts expect BP plc ADR to make 40.48B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 48.88B and 47.3B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -17.92%. Forecasts for the next quarter put sales growth at -14.43%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -34.57%. BP plc ADR earnings are expected to increase by 1.50% in 2025, but the outlook is positive 7.98% per year for the next five years.
BP Dividends
BP plc ADR’s next quarterly earnings report is expected to be released on 2025-Feb-10. The annual dividend yield of the stock is 5.42 percent and its annual dividend per share was 1.88. It is important to note, however, that the 5.42% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.85 per year.
BP plc ADR (NYSE:BP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.00% of BP plc ADR shares, and 11.67% of them are in the hands of institutional investors. The stock currently has a share float of 11.67%. BP plc ADR stock is held by 1227.0 institutions, with FISHER ASSET MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 0.8019% of the shares, which is about 21.81 million shares worth $787.46 million.
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, with 0.7999% or 21.76 million shares worth $785.46 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
FRANKLIN INCOME FUND and INTERNATIONAL CORE EQUITY PORTFOLIO were the top two Mutual Funds as of Dec 31, 2024. The former held 6.65 shares worth $231.35 million, making up 0.25% of all outstanding shares. On the other hand, INTERNATIONAL CORE EQUITY PORTFOLIO held roughly 3.42 shares worth around $118.9 million, which represents about 0.13% of the total shares outstanding.
