FY2025 EPS Estimates for Imperial Oil Limited (TSE:IMO) Increased by Analyst

Imperial Oil Limited (TSE:IMO) (NYSEMKT:IMO) – Research analysts at Zacks Research upped their FY2025 earnings estimates for Imperial Oil in a note issued to investors on Thursday, September 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $8.49 per share for the year, up from their prior estimate of $8.34.

Several other research firms have also recently issued reports on IMO. Royal Bank of Canada decreased their price target on Imperial Oil from C$108.00 to C$99.00 in a report on Tuesday. Desjardins raised their target price on shares of Imperial Oil from C$92.00 to C$101.00 and gave the company a “hold” rating in a research note on Tuesday, July 23rd. Wolfe Research raised shares of Imperial Oil to a “strong-buy” rating in a research note on Thursday, July 18th. TD Securities increased their price objective on shares of Imperial Oil from C$91.00 to C$92.00 and gave the company a “hold” rating in a report on Thursday, August 8th. Finally, Raymond James set a C$93.00 target price on shares of Imperial Oil and gave the stock a “market perform” rating in a report on Wednesday, May 29th. Nine equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Imperial Oil presently has a consensus rating of “Hold” and an average target price of C$99.69.

Imperial Oil Stock Up 0.5 %

Shares of IMO opened at C$91.48 on Monday. The firm has a market capitalization of C$49.02 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 0.21 and a beta of 1.80. Imperial Oil has a 52 week low of C$72.03 and a 52 week high of C$106.09. The company has a debt-to-equity ratio of 18.27, a quick ratio of 0.98 and a current ratio of 1.40. The business’s fifty day moving average price is C$97.52 and its two-hundred day moving average price is C$94.75.

Imperial Oil (TSE:IMO) (NYSEMKT:IMO) last issued its quarterly earnings results on Friday, August 2nd. The company reported C$2.11 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.94 by C$0.17. Imperial Oil had a net margin of 10.09% and a return on equity of 22.17%. The business had revenue of C$13.38 billion during the quarter, compared to analyst estimates of C$14.30 billion.

Imperial Oil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Tuesday, October 1st will be paid a $0.60 dividend. The ex-dividend date is Wednesday, September 4th. This represents a $2.40 dividend on an annualized basis and a yield of 2.62%. Imperial Oil’s payout ratio is 25.16%.

Imperial Oil Company Profile

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The Upstream segment explores and produces crude oil, natural gas, synthetic crude oil, and bitumen. The Downstream segment transports and refines crude oil, blends refined products, and distributes and markets of refined products.