OMV AG (OTCMKTS:OMVKY) Given Average Rating of “Hold” by Analysts

Shares of OMV AG (OTCMKTS:OMVKY) have received a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

OMVKY has been the topic of several analyst reports. Royal Bank Of Canada lowered shares of OMV from a “sector perform” rating to an “underperform” rating in a report on Thursday, January 29th. The Goldman Sachs Group cut shares of OMV from a “hold” rating to a “sell” rating in a research report on Monday, January 26th. HSBC downgraded OMV from a “hold” rating to a “reduce” rating in a research note on Thursday, February 5th. Jefferies Financial Group restated a “buy” rating on shares of OMV in a research report on Thursday, January 8th. Finally, Zacks Research upgraded OMV from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th.

OMV Stock Performance

OMV stock opened at $17.14 on Friday. The company has a market cap of $22.44 billion, a PE ratio of 4.83 and a beta of 0.01. The company has a current ratio of 1.50, a quick ratio of 1.24 and a debt-to-equity ratio of 0.25. OMV has a 1 year low of $11.21 and a 1 year high of $17.74. The company’s 50-day moving average is $15.82 and its two-hundred day moving average is $14.42.

OMV (OTCMKTS:OMVKY) last issued its earnings results on Wednesday, February 4th. The company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $1.59. OMV had a net margin of 4.10% and a return on equity of 8.51%. The company had revenue of $7.14 billion for the quarter, compared to analyst estimates of $7.79 billion. Equities analysts anticipate that OMV will post 1.64 earnings per share 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.