Repsol (OTCMKTS:REPYY) Shares Gap Up - Time to Buy?

Repsol SA (OTCMKTS:REPYY - Get Free Report) shares gapped up prior to trading 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

Several equities research analysts have recently weighed in on the stock. BNP Paribas lowered shares of Repsol from a "neutral" rating to an "underperform" rating in a report on Tuesday, April 15th. Kepler Capital Markets lowered shares of Repsol from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 20th. Finally, Barclays raised shares of Repsol from a "reduce" rating to an "overweight" rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold".

Repsol Trading Up 2.1%

The business's fifty day simple moving average is $13.61 and its 200 day simple moving average is $12.71. The stock has a market cap of $17.19 billion, a P/E ratio of 14.85, a price-to-earnings-growth ratio of 4.83 and a beta of 0.61.

Repsol (OTCMKTS:REPYY - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $14.79 billion. On average, analysts predict that Repsol SA will post 2.36 earnings per share for the current fiscal year.

Repsol Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 8th will be issued a dividend of $0.4554 per share. This represents a yield of 3.13%. The ex-dividend date of this dividend is Monday, July 7th. Repsol's dividend payout ratio is currently 91.00%.

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.