Repsol (OTCMKTS:REPYY) Reaches New 52-Week 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)'s stock price hit a new 52-week high on Wednesday . The company traded as high as $17.22 and last traded at $17.07, with a volume of 24708 shares traded. The stock had previously closed at $16.99.

Wall Street Analyst Weigh In

REPYY has been the topic of a number of research reports. Barclays raised Repsol from a "reduce" rating to an "overweight" rating in a research report on Thursday, May 22nd. Wall Street Zen raised Repsol from a "hold" rating to a "buy" rating in a research report on Friday, August 1st. Zacks Research raised Repsol from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 3rd. Citigroup reissued a "buy" rating on shares of Repsol in a research report on Thursday, July 10th. Finally, Berenberg Bank raised Repsol from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Repsol Stock Performance

The stock has a market cap of $19.92 billion, a P/E ratio of 26.89, a P/E/G ratio of 5.11 and a beta of 0.69. The business has a 50 day simple moving average of $15.82 and a 200-day simple moving average of $13.96.

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

Repsol Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 8th were paid a $0.4554 dividend. This represents a yield of 313.0%. The ex-dividend date was Monday, July 7th. Repsol's dividend payout ratio is 143.75%.

About Repsol

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.