The stock price of Marathon Petroleum Corporation (NYSE: MPC) has plunged by -0.64 when compared to previous closing price of 110.63, but the company has seen a 2.97% gain in its stock price over the last five trading sessions. MarketWatch.com reported on 11/08/22 that For EVs, solar tax breaks and climate change, here are the midterm elections that matter
Is It Worth Investing in Marathon Petroleum Corporation (NYSE: MPC) Right Now?
Marathon Petroleum Corporation (NYSE: MPC) has a price-to-earnings ratio that is above its average at 3.33x. and a 36-month beta value of 1.64. Opinions on the stock are mixed, with 13 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price predicted for Marathon Petroleum Corporation (MPC) by analysts is $145.53, which is $35.95 above the current market price. The public float for MPC is 423.43M, and at present, short sellers hold a 2.83% of that float. On May 24, 2023, the average trading volume of MPC was 4.13M shares.
MPC’s Market Performance
MPC’s stock has seen a 2.97% increase for the week, with a -13.11% drop in the past month and a -10.47% fall in the past quarter. The volatility ratio for the week is 2.32%, and the volatility levels for the past 30 days are at 3.05% for Marathon Petroleum Corporation The simple moving average for the past 20 days is -2.81% for MPC’s stock, with a -4.64% simple moving average for the past 200 days.
MPC Trading at -10.18% from the 50-Day Moving Average
After a stumble in the market that brought MPC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.82% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares sank -10.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.20% lower at present.
During the last 5 trading sessions, MPC rose by +2.97%, which changed the moving average for the period of 200-days by +21.84% in comparison to the 20-day moving average, which settled at $112.43. In addition, Marathon Petroleum Corporation saw -5.56% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MPC starting from Gagle Suzanne, who sale 60,019 shares at the price of $134.28 back on Apr 04. After this action, Gagle Suzanne now owns 45,997 shares of Marathon Petroleum Corporation, valued at $8,059,351 using the latest closing price.
Gagle Suzanne, the Gen Counsel and SVP Gov Aff of Marathon Petroleum Corporation, sale 60,021 shares at $137.23 during a trade that took place back on Apr 03, which means that Gagle Suzanne is holding 45,997 shares at $8,236,682 based on the most recent closing price.
Stock Fundamentals for MPC
Current profitability levels for the company are sitting at:
- +11.15 for the present operating margin
- +12.71 for the gross margin
The net margin for Marathon Petroleum Corporation stands at +8.14. The total capital return value is set at 32.03, while invested capital returns managed to touch 27.16. Equity return is now at value 61.20, with 18.00 for asset returns.
Based on Marathon Petroleum Corporation (MPC), the company’s capital structure generated 100.70 points at debt to equity in total, while total debt to capital is 50.17. Total debt to assets is 31.04, with long-term debt to equity ratio resting at 95.53. Finally, the long-term debt to capital ratio is 47.60.
When we switch over and look at the enterprise to sales, we see a ratio of 0.36, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 14.48 and the total asset turnover is 2.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.
Conclusion
To sum up, Marathon Petroleum Corporation (MPC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
