IMO Stock Forecast: The Promising Stock in the Macroeconomic Storm
This IMO Stock Forecast article was written by Opher Joseph – Financial Analyst, I Know First.
Summary:
- The company is expected to generate promising double-digit growth in 2022.
- The consensus earnings per share have been revised from $ 4.84 to $5.92 in the past 60 days, while there have been no downward revisions.
- The share buy-back ratio of the company is 4.7%, which is better than 97.06% of the companies in the industry.
- The Cash to Debt ratio of the company is 0.4% and the Debt to Equity ratio is 0.25% which indicates a strong financial position of the company's operating cash-flows.