Zacks Research Downgrades Repsol (OTCMKTS:REPYY) to Hold

Repsol (OTCMKTS:REPYY) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

REPYY has been the subject of several other reports. HSBC upgraded shares of Repsol from a “hold” rating to a “buy” rating in a research note on Monday, May 18th. Morgan Stanley upgraded shares of Repsol from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 24th. Wall Street Zen upgraded shares of Repsol from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Royal Bank Of Canada upgraded shares of Repsol from an “underperform” rating to an “outperform” rating in a research note on Thursday, March 12th. Finally, The Goldman Sachs Group upgraded shares of Repsol from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Repsol has an average rating of “Buy”.

Repsol Price Performance

REPYY opened at $26.63 on Monday. The company has a quick ratio of 1.15, a current ratio of 1.54 and a debt-to-equity ratio of 0.41. Repsol has a 52-week low of $13.50 and a 52-week high of $29.08. The company has a 50 day moving average of $26.25 and a two-hundred day moving average of $22.36. The company has a market cap of $29.44 billion, a P/E ratio of 10.65, a P/E/G ratio of 0.29 and a beta of 0.01.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Thursday, April 30th. The energy company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.01). Repsol had a return on equity of 11.52% and a net margin of 4.40%.The business had revenue of $18.14 billion for the quarter, compared to analysts’ expectations of $20.33 billion. On average, analysts expect that Repsol will post 4.7 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.