Imperial Oil Limited (NYSE:IMO) traded at $17.24 at last check on Friday, Nov 20, making a downturn move of -0.29% on its previous day’s price.

Looking at the stock we see that its previous close was $17.29 and the beta (5Y monthly) reads 1.81 with the day’s price range being $17.03 – 17.39. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, IMO has a high of $27.43 and a low of $7.03. The company’s stock has gained about 30.8% over that past 30 days.

Imperial has a market cap of $12.73 Billion and is expected to release its quarterly earnings report on Jan 31, 2017- Feb 06, 2017. With its Forward Dividend at 0.66 and a yield of 3.83%, the company’s investors could be anxious for the IMO stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.4, with the EPS growth for the year raised at $1.63 for 2020 and $1.14 for next year. These figures represent 0.66% and at -0.3% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $9.24 Billion, with a low of $9.24 Billion and a high of $9.24 Billion. The median projection represents growth adding up to 64% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $26.68 Billion, or +15.2% up from figures reported last year.

On the other hand, looking at the outlook for the IMO stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.

Based on estimates by 19 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 15 have rated the Imperial Oil Limited (IMO) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas 4 suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the IMO stock currently stands at 0, and the current price level is 14.8% off its SMA20 and 25.8% from its 50-day simple moving average. The RSI (14) is pointing at 71.79 while the volatility over the past week is 3.94% and jumps to 4.55% over the past one month. The beta value is 1.81, while the average true range (ATR) is currently pointing at 0.72. The average price target for the stock over the next 12 months is $17.41, with the estimates having a low of $13.75 and a high of $21.4. These price ends are -20.24% and +24.13% off the current price level respectively, although investors could be excited at the prospect of a -0.17% if the IMO share price touches on the median price of $17.21.

Let’s briefly compare Imperial (IMO) stock to its peers. We find that today’s price change of -0.29% and -31.53% over the past 12 months for IMO competes that of Suncor Energy Inc (SU), which has seen its stock price fall -0.19% in the latest trading session and is -51.36% over the last one year. Another of its peers Cenovus Energy Inc (CVE) has climbed 1.73% today, but is -48.01% down over the past year. Suncor has a P/E ratio of 0 compared to Imperial’s 0 and Cenovus 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are lower today at -0.0068% and -0.0075% in early deals.

Coming back to Imperial Oil Limited (NYSE:IMO), we note that the average 3-month trading volume was 568.91 Million, while that of the preceding 10-day period stands at 699.56 Million. Current shares outstanding are 734.08 Million.

According to data from Thomson Reuters, insiders hold 70.54% of the company’s shares while institutions hold 23.23%. The data shows that short shares as of October 29, 2020, stood at 12.12 Million at a short ratio of 21.3. This represents a 1.65% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 10.65 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -34.87% down in year-to-date price movement.

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