BP (NYSE:BP) Earns Media Sentiment Rating of -3.00

Headlines about BP (NYSE:BP) have been trending very negative this week, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. BP earned a media sentiment score of -3.00 on their scale. InfoTrie also gave news coverage about the oil and gas exploration company an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted BP’s analysis:

Several research analysts have weighed in on the company. Zacks Investment Research lowered BP from a “hold” rating to a “strong sell” rating and set a $25.00 price target on the stock. in a research report on Tuesday, April 21st. Citigroup lowered BP from a “buy” rating to a “neutral” rating in a research report on Thursday, March 12th. Royal Bank of Canada reaffirmed an “underperform” rating on shares of BP in a research report on Wednesday, April 29th. Wells Fargo & Co boosted their target price on BP from $27.00 to $31.00 and gave the stock an “overweight” rating in a report on Friday, April 3rd. Finally, Morgan Stanley lowered BP from an “equal weight” rating to an “underweight” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. BP currently has a consensus rating of “Hold” and an average price target of $38.63.

Shares of BP stock traded down $0.40 on Friday, hitting $22.98. 7,941,052 shares of the company’s stock traded hands, compared to its average volume of 12,225,554. BP has a one year low of $15.51 and a one year high of $42.70. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 0.83. The company has a fifty day moving average of $23.67 and a two-hundred day moving average of $32.04. The company has a market capitalization of $78.94 billion, a price-to-earnings ratio of -23.69 and a beta of 0.81.

BP (NYSE:BP) last announced its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.04). The firm had revenue of $59.65 billion during the quarter, compared to the consensus estimate of $56.89 billion. BP had a positive return on equity of 8.53% and a negative net margin of 1.19%. The firm’s revenue was down 10.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 EPS. Equities research analysts anticipate that BP will post -0.31 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Monday, May 11th will be issued a $0.625 dividend. The ex-dividend date is Friday, May 8th. This represents a $2.50 annualized dividend and a yield of 10.88%. BP’s payout ratio is currently 84.75%.

BP Company Profile

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

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