Repsol (OTCMKTS:REPYY) Sets New 1-Year High - Should You Buy?

Key Points

• Repsol's share price reached a new 52-week high of $17.22 during trading, closing at $17.07 with a trading volume of 24,708 shares.
• Several analysts, including Zacks Research and Berenberg Bank, upgraded Repsol's stock ratings, resulting in a consensus rating of "Moderate Buy."
• The company recently reported a net profit margin of 1.33% with earnings per share exceeding estimates, while it also announced a dividend with a yield of 313.0% despite a high payout ratio of 143.75%.

Repsol SA (OTCMKTS:REPYY - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $17.22 and last traded at $17.07, with a volume of 24708 shares. The stock had previously closed at $16.99.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on REPYY. Citigroup reiterated a "buy" rating on shares of Repsol in a research note on Thursday, July 10th. Barclays upgraded Repsol from a "reduce" rating to an "overweight" rating in a research note on Thursday, May 22nd. Wall Street Zen upgraded Repsol from a "hold" rating to a "buy" rating in a research note on Friday, August 1st. Zacks Research upgraded Repsol from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 3rd. Finally, Berenberg Bank upgraded Repsol from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

Repsol Price Performance

The company has a 50-day moving average price of $15.82 and a two-hundred day moving average price of $13.94. The stock has a market capitalization of $19.75 billion, a P/E ratio of 26.66, a PEG ratio of 5.11 and a beta of 0.69.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.23. Repsol had a return on equity of 9.06% and a net margin of 1.33%.The firm had revenue of $16.48 billion for the quarter, compared to analysts' expectations of $14.91 billion. On average, sell-side analysts expect that Repsol SA will post 2.36 earnings per share for the current year.

Repsol Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 8th were given a dividend of $0.4554 per share. The ex-dividend date was Monday, July 7th. This represents a dividend yield of 313.0%. Repsol's dividend payout ratio is currently 143.75%.

Repsol Company Profile

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.