Repsol (OTCMKTS:REPYY) Lowered to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Repsol (OTCMKTS:REPYY) from a strong-buy rating to a hold rating in a research report report published on Monday morning,Zacks.com reports.

REPYY has been the topic of a number of other research reports. DZ Bank raised Repsol from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. JPMorgan Chase & Co. cut Repsol from an “overweight” rating to a “neutral” rating in a report on Tuesday, February 3rd. Wall Street Zen raised Repsol from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 5th. HSBC raised Repsol from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Finally, The Goldman Sachs Group raised Repsol from a “buy” rating to a “buy” rating in a report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Repsol Stock Performance

OTCMKTS:REPYY opened at $26.63 on Monday. The stock has a fifty day moving average price of $26.25 and a 200-day moving average price of $22.36. The company has a market cap of $29.44 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 0.29 and a beta of 0.01. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.15 and a current ratio of 1.54. Repsol has a fifty-two week low of $13.50 and a fifty-two week high of $29.08.

Repsol (OTCMKTS:REPYY) last released its 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). Repsol had a net margin of 4.40% and a return on equity of 11.52%. The company had revenue of $18.14 billion for the quarter, compared to the consensus estimate of $20.33 billion. As a group, equities analysts anticipate that Repsol will post 4.7 EPS for the current fiscal 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.