OMV AG (OTCMKTS:OMVKY) Receives Consensus Rating of “Hold” from Analysts

OMV AG (OTCMKTS:OMVKY) has received a consensus rating of “Hold” from the seven analysts that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company.

A number of brokerages recently weighed in on OMVKY. Barclays restated an “underweight” rating on shares of OMV in a research note on Friday, December 12th. Jefferies Financial Group reissued a “buy” rating on shares of OMV in a research note on Thursday, January 8th. Royal Bank Of Canada lowered shares of OMV from a “sector perform” rating to an “underperform” rating in a research note on Thursday, January 29th. HSBC cut shares of OMV from a “hold” rating to a “reduce” rating in a report on Thursday, February 5th. Finally, The Goldman Sachs Group cut OMV from a “hold” rating to a “sell” rating in a report on Monday, January 26th.

OMV Price Performance

OTCMKTS OMVKY opened at $16.44 on Wednesday. OMV has a 52 week low of $10.86 and a 52 week high of $16.54. The stock has a market cap of $21.52 billion, a price-to-earnings ratio of 4.63 and a beta of 0.02. The company has a 50-day moving average price of $14.79 and a two-hundred day moving average price of $14.04. The company has a current ratio of 1.65, a quick ratio of 1.30 and a debt-to-equity ratio of 0.25.

OMV (OTCMKTS:OMVKY) last announced its earnings results on Wednesday, February 4th. The company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $0.38 by $1.59. OMV had a return on equity of 8.47% and a net margin of 4.10%.The firm had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.79 billion. Analysts forecast that OMV will post 1.64 EPS for the current year.

OMV Company Profile

OMV AG is an Austrian integrated energy company founded in 1956 and headquartered in Vienna. The firm operates across the oil and gas value chain, with core activities in exploration and production, refining and marketing, petrochemicals, gas trading and storage, and a large retail network of service stations and convenience offerings in Central and Eastern Europe. OMV’s business model combines upstream resource development with downstream processing and commercial distribution to supply fuels, lubricants and chemical feedstocks.

In upstream, OMV pursues oil and natural gas exploration and production projects and participates in both onshore and offshore developments.