Raymond James has recently reduced ConocoPhillips (COP) stock to Outperform rating, as announced on February 10, 2025, according to Finviz. Earlier, on January 17, 2025, TD Cowen had initiated the stock to Buy, setting a price target of $125. Mizuho also raised Outperform rating with a price target of $134. Additionally, Morgan Stanley initiated Overweight rating on December 16, 2024, with a target price of $128. Evercore ISI analysts, in their report published on December 6, 2024, also resumed Outperform rating and set a price target of for ConocoPhillips’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
ConocoPhillips (COP) Stock Trading Recap
On Friday, ConocoPhillips (COP) stock saw a decline, ending the day at $96.26 which represents a decrease of $-0.64 or -0.66% from the prior close of $96.9. The stock opened at $96.91 and touched a low of $96.24 during the day, reaching a high of $98.46. The volume of shares traded was 7.96 million exceeding the average volume of 7.17 million.
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COP Stock Performance and Moving Averages
In recent trading, ConocoPhillips (COP) stock price has shown some volatility, fluctuating -2.14% over the last five trades and -8.74% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -11.95%, and it has plunged by -13.00% in the previous three months. Currently, COP is trading at -4.47%, -4.43%, and -11.52% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, COP, a Energy sector stock, is trading -28.54% below its 52-week high but remains 2.15% above its 52-week low. The Average True Range (ATR) (14 days) of 2.27 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
ConocoPhillips’s Profitability and Valuation Ratios
ConocoPhillips’s profitability metrics reveal financial health. The company currently boasts an operating margin of 23.39% and a profit margin of 16.89%, with a gross margin of -11.95%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, ConocoPhillips’s market capitalization stands at $124.52 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 12.34, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.67. Additionally, the Price-to-Sales Ratio is 2.28, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.22, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.08% of ConocoPhillips (COP)’s shares, while financial institutions hold 78.06%.
Notable insider trades include LEACH TIMOTHY A, Director at ConocoPhillips (COP), who sold 55500 shares on Aug 13 ’24, at $108.11 each, totaling $6.00 million. On Mar 25 ’24, Olds Nicholas G, Executive Vice President, sold 12150 shares for $126.44 each, amounting to $1.54 million. Additionally, on Mar 25 ’24, Lance Ryan Michael sold 607000 shares at $125.91 each, generating $76.43 million.
