Repsol (OTCMKTS:REPYY) Hits New 1-Year High – Should You Buy?

Repsol SA (OTCMKTS:REPYY) shares reached a new 52-week high on Friday . The stock traded as high as $16.29 and last traded at $16.29, with a volume of 2004 shares traded. The stock had previously closed at $16.18.

Wall Street Analysts Forecast Growth

REPYY has been the topic of several analyst reports. Kepler Capital Markets lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 20th. Citigroup reaffirmed a “buy” rating on shares of Repsol in a report on Thursday, July 10th. Barclays raised Repsol from a “reduce” rating to an “overweight” rating in a report on Thursday, May 22nd. Berenberg Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Finally, Wall Street Zen raised Repsol from a “hold” rating to a “buy” rating in a report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Repsol currently has an average rating of “Hold”.

Repsol Stock Up 1.1%

The firm has a fifty day moving average of $15.21 and a 200-day moving average of $13.53. The firm has a market cap of $18.94 billion, a P/E ratio of 25.57, a PEG ratio of 4.90 and a beta of 0.67.

Repsol (OTCMKTS:REPYY) last posted its quarterly earnings results on Thursday, July 24th. The energy company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.23. The business had revenue of $16.48 billion for the quarter, compared to analysts’ expectations of $14.91 billion. Repsol had a return on equity of 9.06% and a net margin of 1.33%. Sell-side analysts anticipate that Repsol SA will post 2.36 EPS for the current year.

Repsol Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 8th were issued a $0.4554 dividend. This represents a yield of 313.0%. The ex-dividend date was Monday, July 7th. Repsol’s dividend payout ratio is currently 143.75%.

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.