Unusual Social Activity Around ConocoPhillips (COP) Today - TheStreet

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified

ConocoPhillips

(

COP

) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified ConocoPhillips as such a stock due to the following factors:

  • COP has 14x the normal benchmarked social activity for this time of the day compared to its average of 6.39 mentions/day.
  • COP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $582.6 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

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More details on COP:

ConocoPhillips explores for, develops, and produces crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. The stock currently has a dividend yield of 4.2%. COP has a PE ratio of 10.8. Currently there are 9 analysts that rate ConocoPhillips a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for ConocoPhillips has been 6.3 million shares per day over the past 30 days. ConocoPhillips has a market cap of $86.3 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.88 and a short float of 2% with 2.87 days to cover. Shares are up 0.1% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates ConocoPhillips as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • COP's revenue growth has slightly outpaced the industry average of 2.7%. Since the same quarter one year prior, revenues slightly increased by 3.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • The current debt-to-equity ratio, 0.38, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.90 is somewhat weak and could be cause for future problems.
  • 41.13% is the gross profit margin for CONOCOPHILLIPS which we consider to be strong. Regardless of COP's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, COP's net profit margin of 15.05% compares favorably to the industry average.
  • CONOCOPHILLIPS reported flat earnings per share in the most recent quarter. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, CONOCOPHILLIPS increased its bottom line by earning $6.43 versus $5.90 in the prior year. For the next year, the market is expecting a contraction of 8.4% in earnings ($5.89 versus $6.43).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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