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BP (BP) Stock Falls Amid Market Uptick: What Investors Need to Know
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BP (BP - Free Report) closed at $45.89 in the latest trading session, marking a -2.86% move from the prior day. This change lagged the S&P 500's 2.51% gain on the day. Elsewhere, the Dow gained 2.85%, while the tech-heavy Nasdaq added 2.8%.
The stock of oil and gas company has risen by 18.28% in the past month, leading the Oils-Energy sector's gain of 7.33% and the S&P 500's loss of 1.66%.
Investors will be eagerly watching for the performance of BP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 28, 2026. The company is predicted to post an EPS of $0.71, indicating a 33.96% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $57.81 billion, up 20.74% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.92 per share and a revenue of $246.86 billion, signifying shifts of +36.11% and +28.2%, respectively, from the last year.
Any recent changes to analyst estimates for BP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 47.6% increase. As of now, BP holds a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, BP is holding a Forward P/E ratio of 12.04. Its industry sports an average Forward P/E of 10.86, so one might conclude that BP is trading at a premium comparatively.
Investors should also note that BP has a PEG ratio of 0.78 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Integrated - International industry had an average PEG ratio of 0.78 as trading concluded yesterday.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 6, placing it within the top 3% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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BP (BP) Stock Falls Amid Market Uptick: What Investors Need to Know
BP (BP - Free Report) closed at $45.89 in the latest trading session, marking a -2.86% move from the prior day. This change lagged the S&P 500's 2.51% gain on the day. Elsewhere, the Dow gained 2.85%, while the tech-heavy Nasdaq added 2.8%.
The stock of oil and gas company has risen by 18.28% in the past month, leading the Oils-Energy sector's gain of 7.33% and the S&P 500's loss of 1.66%.
Investors will be eagerly watching for the performance of BP in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 28, 2026. The company is predicted to post an EPS of $0.71, indicating a 33.96% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $57.81 billion, up 20.74% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.92 per share and a revenue of $246.86 billion, signifying shifts of +36.11% and +28.2%, respectively, from the last year.
Any recent changes to analyst estimates for BP should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 47.6% increase. As of now, BP holds a Zacks Rank of #1 (Strong Buy).
Looking at its valuation, BP is holding a Forward P/E ratio of 12.04. Its industry sports an average Forward P/E of 10.86, so one might conclude that BP is trading at a premium comparatively.
Investors should also note that BP has a PEG ratio of 0.78 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Integrated - International industry had an average PEG ratio of 0.78 as trading concluded yesterday.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 6, placing it within the top 3% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.