Repsol (OTCMKTS:REPYY) Sees Strong Trading Volume Following Analyst Upgrade

Key Points

• Morgan Stanley upgrade from equal weight to overweight spurred a trading surge — volume jumped 133% to 291,654 shares and the stock last traded around $27.22.
• Analyst sentiment has shifted broadly, leaving a MarketBeat consensus of "Moderate Buy" (2 Strong Buy, 5 Buy, 4 Hold, 1 Sell) after multiple upgrades and downgrades from firms including RBC, Jefferies, Zacks and Goldman Sachs.
• Repsol beat quarterly estimates (EPS $0.69 vs. $0.63; revenue $14.91B vs. $14B) and trades at a P/E of 14.71 with a market cap near $30.24B and modest leverage (debt/equity 0.41).

Shares of Repsol SA (OTCMKTS:REPYY - Get Free Report) saw strong trading volume on Tuesday after Morgan Stanley upgraded the stock from an equal weight rating to an overweight rating. 291,654 shares changed hands during mid-day trading, an increase of 133% from the previous session's volume of 125,252 shares.The stock last traded at $27.2199 and had previously closed at $26.32.

Other equities research analysts have also issued research reports about the stock. Zacks Research raised shares of Repsol from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 12th. Royal Bank Of Canada upgraded shares of Repsol from an "underperform" rating to an "outperform" rating in a research report on Thursday, March 12th. Jefferies Financial Group raised shares of Repsol from a "hold" rating to a "buy" rating in a report on Thursday, January 8th. Barclays reiterated an "overweight" rating on shares of Repsol in a research report on Friday, December 12th. Finally, The Goldman Sachs Group cut shares of Repsol from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 19th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Repsol Price Performance

The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. The company has a market cap of $30.24 billion, a P/E ratio of 14.71, a P/E/G ratio of 0.52 and a beta of 0.18. The firm's fifty day moving average is $21.75 and its two-hundred day moving average is $19.47.

Repsol (OTCMKTS:REPYY - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The energy company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.06. The business had revenue of $14.91 billion for the quarter, compared to analysts' expectations of $14 billion. Repsol had a return on equity of 10.48% and a net margin of 3.49%. As a group, analysts anticipate that Repsol SA will post 2.36 earnings per share for the current fiscal year.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.

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