Repsol (OTCMKTS:REPYY) Sets New 1-Year High – Here’s Why

Repsol SA (OTCMKTS:REPYY) hit a new 52-week high during trading on Wednesday . The stock traded as high as $29.10 and last traded at $29.05, with a volume of 5231 shares trading hands. The stock had previously closed at $28.49.

Analysts Set New Price Targets

Several research firms have weighed in on REPYY. Santander raised Repsol to an “outperform” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group raised Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. HSBC raised shares of Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Zacks Research downgraded shares of Repsol from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. Finally, Morgan Stanley raised shares of Repsol from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, March 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Repsol Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.15 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $32.23 billion, a price-to-earnings ratio of 11.66, a P/E/G ratio of 0.33 and a beta of 0.03. The company’s 50 day moving average is $26.17 and its 200-day moving average is $24.23.

Repsol (OTCMKTS:REPYY) last announced its quarterly earnings results on Thursday, April 30th. The energy company reported $0.90 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). The business had revenue of $18.14 billion for the quarter, compared to analyst estimates of $20.33 billion. Repsol had a return on equity of 11.52% and a net margin of 4.40%. Equities research analysts anticipate that Repsol SA will post 4.43 earnings per share for the current year.

About Repsol

Repsol is a Spanish integrated energy company engaged across the full oil and gas value chain and increasingly in low‑carbon energy businesses. Its core activities include upstream exploration and production of oil and natural gas, midstream operations such as liquefied natural gas (LNG) trading and logistics, and downstream refining, petrochemicals, and fuel marketing. The company also supplies lubricants, specialty chemicals and related industrial products, and operates a widespread network of retail fuel stations and convenience services.

Founded in 1987, Repsol has grown from a national refiner into a global energy player through international exploration, production projects and commercial expansion.