Imperial Oil Ltd (NYSEAMERICAN: IMO) has reported E.P.S. of $2.11 for its second fiscal quarter (ending June 30) versus $1.16 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $9.58 compared to $9.41 a year ago.
Recent Price Action
On 8/2/24, Imperial Oil Ltd (NYSEAMERICAN: IMO) stock declined modestly by -1.6%, closing at $68.03. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.6% during the last week.
Current PriceTarget Research Rating
IMO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Imperial Oil has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Imperial Oil has a good Power Rating of 72 and a very high Appreciation Score of 90, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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