Repsol (OTCMKTS:REPYY) Shares Gap Up - What's Next?

Repsol SA (OTCMKTS:REPYY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $14.54, but opened at $15.12. Repsol shares last traded at $14.97, with a volume of 1,119 shares traded.

Analysts Set New Price Targets

REPYY has been the subject of several recent research reports. Kepler Capital Markets cut Repsol from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Barclays upgraded Repsol from a "reduce" rating to an "overweight" rating in a research note on Thursday, May 22nd. BNP Paribas cut Repsol from a "neutral" rating to an "underperform" rating in a research report on Tuesday, April 15th. Finally, Citigroup restated a "buy" rating on shares of Repsol in a research report on Thursday. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold".

Repsol Stock Up 1.3%

The stock has a 50-day moving average of $13.85 and a 200-day moving average of $12.79. The company has a market cap of $17.63 billion, a PE ratio of 15.23, a P/E/G ratio of 5.00 and a beta of 0.61.

Repsol (OTCMKTS:REPYY - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The energy company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.58 by ($0.01). Repsol had a return on equity of 9.33% and a net margin of 2.06%. The company had revenue of $14.79 billion during the quarter, compared to the consensus estimate of $14.79 billion. Research analysts expect that Repsol SA will post 2.36 EPS for the current year.

Repsol Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 8th will be given a dividend of $0.4554 per share. The ex-dividend date of this dividend is Monday, July 7th. This represents a yield of 3.13%. Repsol's payout ratio is 92.00%.

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.