Media headlines about BP (NYSE:BP) have trended somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. BP earned a news impact score of -1.11 on their scale. InfoTrie also gave news headlines about the oil and gas exploration company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted BP’s score:
Several research firms have recently weighed in on BP. Royal Bank of Canada began coverage on Robert Half International in a report on Tuesday, April 16th. They issued a “sector perform” rating for the company. Credit Suisse Group began coverage on LTC Properties in a report on Wednesday. They issued an “underperform” rating and a $19.00 target price for the company. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $52.54.
BP stock opened at $41.28 on Friday. The firm has a market cap of $137.80 billion, a P/E ratio of 10.86, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 0.61. The business’s fifty day moving average price is $41.49. BP has a 52 week low of $36.28 and a 52 week high of $47.16.
BP (NYSE:BP) last released its quarterly earnings data on Tuesday, April 30th. The oil and gas exploration company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The business had revenue of $66.32 billion during the quarter, compared to the consensus estimate of $64.85 billion. BP had a return on equity of 12.19% and a net margin of 3.26%. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 EPS. As a group, equities analysts forecast that BP will post 3.22 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Stockholders of record on Friday, May 10th were paid a dividend of $0.615 per share. The ex-dividend date was Thursday, May 9th. This represents a $2.46 annualized dividend and a dividend yield of 5.96%. BP’s dividend payout ratio is presently 64.21%.
BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).
Further Reading: Buy Rating
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