Repsol (OTCMKTS:REPYY) Shares Gap Up - Still a Buy?

Key Points

• Repsol shares gapped up — the stock opened at $27.38 after closing at $25.80 and last traded around $26.94 on volume of roughly 10,600 shares.
• Analysts are broadly positive with a MarketBeat consensus of "Buy" (3 Strong Buy, 6 Buy, 2 Hold) following several recent upgrades and a few downgrades.
• Repsol reported Q1 EPS of $0.90 vs. $0.93 expected and revenue of $18.14B vs. $20.33B expected, marking a modest EPS and revenue miss even as analysts forecast about 4.89 EPS for the year.

Shares of Repsol SA (OTCMKTS:REPYY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $25.80, but opened at $27.38. Repsol shares last traded at $26.9404, with a volume of 10,598 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on REPYY shares. Zacks Research raised Repsol from a "hold" rating to a "strong-buy" rating in a report on Friday, April 10th. JPMorgan Chase & Co. lowered Repsol from an "overweight" rating to a "neutral" rating in a report on Tuesday, February 3rd. DZ Bank upgraded shares of Repsol from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 19th. Morgan Stanley raised shares of Repsol from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, March 24th. Finally, Jefferies Financial Group upgraded shares of Repsol from a "hold" rating to a "buy" rating in a report on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

Repsol Stock Performance

The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. The stock has a market cap of $29.60 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 0.26 and a beta of 0.07. The firm's 50-day moving average is $25.54 and its two-hundred day moving average is $21.14.

Repsol (OTCMKTS:REPYY - Get Free Report) last announced its earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.03). The business had revenue of $18.14 billion for the quarter, compared to the consensus estimate of $20.33 billion. Repsol had a net margin of 3.49% and a return on equity of 10.48%. As a group, research analysts expect that Repsol SA will post 4.89 EPS for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.