Imperial Oil Limited (AMEX:IMO) currently has a daily average trading volume of 438.71K but it saw 904385 shares traded on Wednesday. With a market cap of 27.01B USD, stock’s current market price of $45.71 came falling about -4.13 while comparing to the previous closing price of $47.68. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.99 and as low as $39.95. In the recent trading on the day, stock has struck highest price mark of $46.28 while lowest mark touched by it was $44.65.
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Taking a look at 20-day trading activity of Imperial Oil Limited (IMO) gives us an average price of $50.16, while its current price level is -22.51% below from 52-week high level whereas it is 14.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $50.44 while that of 200 days or SMA-200 reads an average of $49.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.92% during that period while stretching the period over a month that decreases to 2.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.29 which implies that the stock is in neutral territory.
Data by FactSet Research shows that 18 analysts have issued their ratings for the stock. 2 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 5 analysts suggested the investors to Buy the stock while 10 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, IMO’s stock price is moving -10.55% down while it is -14.38% when we observe its performance for the past one month. Year-to-date it is -6.22% down and over the past year, the stock is showing an upside performance of 5.01%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2022, when its quarterly earnings per share (EPS) of $2.13 beat the consensus estimate of $1.92 for the same. For IMO, analysts are forecasting an EPS-growth rate of -19.80% for current year and estimate for EPS growth in next year is 2.00%. In next quarter, company is expected to be making quarterly sales of $9.71 billion as analysts are expecting the sales for current fiscal year at $40.83 billion and seeing the company making $42.41 billion in sales next year. Moreover, analysts are in estimates of $9.61 billion for current-quarter revenue.
Currently, Imperial Oil Limited’s total number of outstanding shares is 602.10M with 78.05% of that held by the insiders while 22.66% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 5.55 while having a 5.04 of forward P/E ratio. Stock’s beta reads 1.56. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 0.45.
In the most recent quarter, RBC Canadian Dividend Fund came cutting its stake by -0.11% in the company and now holds 3.57 million or 0.61% of the company’s stake having worth of about 176.42 million.
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