With 0.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. During the session, the Oil & Gas Integrated company that operates in wider Energy sector, reached to the highest price of $68.83 whereas the lowest price it dropped to was $67.165. The 52-week range on IMO shows that it touched its highest point at $80.17 and its lowest point at $54.58 during that stretch. It currently has a 1-year price target of $72.07. With its current market cap of 35.93 billion, IMO has annualized dividend of $1.75 while the current yield stands at 2.55%. IMO paid its most recent dividend on 1725408000, while the ex-dividend date for that was 1733184000. Beta for the stock currently stands at 1.46.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of IMO was up-trending over the past week, with a rise of 3.54%, but this was up by 1.90% over a month. Three-month performance dropped to -8.61% while six-month performance fell -2.89%. The stock gained 19.16% in the past year, while it has gained 11.44% so far this year. A look at the trailing 12-month EPS for IMO yields 6.69 with Next year EPS estimates of 5.52. For the next quarter, that number is 1.48. This implies an EPS growth rate of -2.63% for this year and -10.21% for next year. EPS is expected to grow by 13.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.26%.
Float and Shares Shorts:
At present, 523.40 million IMO shares are outstanding with a float of 169.05 million shares on hand for trading. On 2024-12-31, short shares totaled 15.79 million, which was 301.99999 higher than short shares on 1732838400. In addition to Mr. Bradley William Corson BS as the firm’s Chairman, President & CEO, Mr. Daniel E. Lyons serves as its Senior VP of Finance & Administration and Controller.
Institutional Ownership:
Through their ownership of 0.26046 of IMO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, IMO reported revenue of $12554000000.0 and operating income of $1570000000.0. The EBITDA in the recently reported quarter was $2078000000.0 and diluted EPS was $2.33.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for IMO since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With IMO analysts setting a high price target of 70.40757 and a low target of 69.58091, the average target price over the next 12 months is 69.99424. Based on these targets, IMO could surge 2.56% to reach the target high and rise by 1.36% to reach the target low. Reaching the average price target will result in a growth of 1.96% from current levels.
Analysts have provided yearly estimates in a range of $9.03571 being high and $8.44916 being low. For IMO, this leads to a yearly average estimate of $8.77037. Based on analyst estimates, the high estimate for the next quarter is $2.42 and the low estimate is $1.35. The average estimate for the next quarter is thus $1.84.
