Ithaca Energy (ITH) Share Price, News & Analysis

Company Overview

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the “UKCS”), with stakes in six of the ten largest fields in the UKCS and two of UKCS’s largest pre-development fields.

Key Stats

• Today's Range: 220.20 to 230
• 50-Day Range: 225.40 to 284.77
• 52-Week Range: 137.20 to 290.80
• Volume: 1.22 million shs
• Average Volume: 5.81 million shs
• Market Capitalization: £3.75 billion
• P/E Ratio: N/A
• Dividend Yield: 13.13%
• Price Target: GBX 205
• Consensus Rating: Buy

Ithaca Energy Stock Analysis - MarketRank™

Ithaca Energy scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Buy

Consensus Rating

Ithaca Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Downside Risk

Ithaca Energy has a consensus price target of GBX 205, representing about 9.4% downside from its current price of GBX 226.19.

Amount of Analyst Coverage

Ithaca Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ithaca Energy is -44.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ithaca Energy is -44.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ithaca Energy has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ITH.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Ithaca Energy is a leading dividend payer. It pays a dividend yield of 13.13%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Ithaca Energy does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Ithaca Energy has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Energy companies.

Search Interest

9 people have searched for ITH on MarketBeat in the last 30 days. This is an increase of 80% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ithaca Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £175,001.31 in company stock.

Percentage Held by Insiders

0.19% of the stock of Ithaca Energy is held by insiders.

Percentage Held by Institutions

3.63% of the stock of Ithaca Energy is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Pharmaceutical Products
• Current Symbol: LON:ITH
• CIK: N/A
• Web: www.ithacaenergy.com
• Phone: (415) 482-5300
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Ithaca Energy: GBX 205
• High Price Target: GBX 210
• Low Price Target: GBX 200
• Potential Upside/Downside: -9.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (5.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 18.54
• P/E Growth: N/A
• Net Income: £230.29 million
• Net Margins: 7.53%
• Pretax Margin: N/A
• Return on Equity: 9.33%
• Return on Assets: 0.18%

Debt

• Debt-to-Equity Ratio: 69.60
• Current Ratio: 0.61
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £2.95 billion
• Price / Sales: 1.27
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 236.41 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 1,650,600,000
• Free Float: N/A
• Market Cap: £3.75 billion
• Optionable: Not Optionable
• Beta: 0.35