Shares of Woodside Energy Group Ltd (NYSE:WDS - Get Free Report) have earned an average rating of "Hold" from the seven research firms that are covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.
WDS has been the subject of a number of recent analyst reports. Macquarie cut shares of Woodside Energy Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 8th. CLSA upgraded shares of Woodside Energy Group to a "strong-buy" rating in a research report on Tuesday, June 24th.
View Our Latest Stock Analysis on Woodside Energy Group
Woodside Energy Group Price Performance
Shares of Woodside Energy Group stock traded up $0.35 during mid-day trading on Wednesday, reaching $17.14. 875,415 shares of the stock were exchanged, compared to its average volume of 591,531. The company has a market cap of $32.54 billion, a price-to-earnings ratio of 20.90 and a beta of 0.64. The company has a current ratio of 1.29, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The firm has a 50-day simple moving average of $15.44 and a 200 day simple moving average of $14.72. Woodside Energy Group has a fifty-two week low of $11.26 and a fifty-two week high of $18.44.
Institutional Investors Weigh In On Woodside Energy Group
A number of hedge funds have recently added to or reduced their stakes in WDS. Northern Trust Corp grew its holdings in Woodside Energy Group by 713.0% during the 4th quarter. Northern Trust Corp now owns 1,089,286 shares of the company's stock worth $16,993,000 after acquiring an additional 955,303 shares during the last quarter. Marshall Wace LLP bought a new stake in Woodside Energy Group during the 4th quarter worth about $7,809,000. Raymond James Financial Inc. bought a new stake in Woodside Energy Group during the 4th quarter worth about $6,554,000. Voloridge Investment Management LLC bought a new stake in Woodside Energy Group during the 4th quarter worth about $5,388,000. Finally, Jane Street Group LLC grew its holdings in Woodside Energy Group by 648.0% during the 1st quarter. Jane Street Group LLC now owns 383,379 shares of the company's stock worth $5,555,000 after acquiring an additional 332,125 shares during the last quarter. Institutional investors own 3.17% of the company's stock.
About Woodside Energy Group
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Get Free ReportWoodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour.
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