Repsol (OTCMKTS:REPYY) Sets New 1-Year High - What's Next?

Key Points

• Repsol's shares reached a new 52-week high at $16.69, reflecting positive momentum in the market with a recent trading volume of 18,728 shares.
• Analysts have mixed opinions on Repsol, with ratings ranging from "Strong Buy" to "Sell," and a consensus rating of "Hold" according to MarketBeat data.
• Despite reporting a profit of $0.64 EPS, Repsol announced a dividend cut, with a payout ratio of 143.75% and a high dividend yield of 313.0% for the recent issuance.

Shares of Repsol SA (OTCMKTS:REPYY - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $16.69 and last traded at $16.63, with a volume of 18728 shares. The stock had previously closed at $16.57.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on REPYY. Wall Street Zen raised shares of Repsol from a "hold" rating to a "buy" rating in a report on Friday, August 1st. Barclays raised shares of Repsol from a "reduce" rating to an "overweight" rating in a report on Thursday, May 22nd. Kepler Capital Markets cut shares of Repsol from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th. Citigroup reissued a "buy" rating on shares of Repsol in a report on Thursday, July 10th. Finally, Berenberg Bank raised Repsol from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Repsol has a consensus rating of "Hold".

Repsol Stock Up 0.4%

The firm has a market cap of $19.25 billion, a price-to-earnings ratio of 25.98, a price-to-earnings-growth ratio of 4.93 and a beta of 0.69. The stock has a fifty day moving average price of $15.51 and a 200-day moving average price of $13.75.

Repsol (OTCMKTS:REPYY - Get Free Report) last released its earnings results 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 business had revenue of $16.48 billion for the quarter, compared to analyst estimates of $14.91 billion. Repsol had a return on equity of 9.06% and a net margin of 1.33%. As a group, research analysts expect that Repsol SA will post 2.36 earnings per share for the current year.

Repsol Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 8th were issued a $0.4554 dividend. The ex-dividend date of this dividend was Monday, July 7th. This represents a dividend yield of 313.0%. Repsol's payout ratio is presently 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.

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