The price-to-earnings ratio for Exxon Mobil Corp. (NYSE: XOM) is 13.78x, which is above its average ratio. Moreover, the 36-month beta value for XOM is 0.89. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 11 as “hold,” and 5 as “sell.”
The public float for XOM is 4.48B and currently, short sellers hold a 0.90% of that float. On June 21, 2024, XOM’s average trading volume was 17.38M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
XOM) stock’s latest price update
The stock price of Exxon Mobil Corp. (NYSE: XOM) has surged by 0.53 when compared to previous closing price of 111.74, but the company has seen a 2.08% gain in its stock price over the last five trading sessions. zacks.com reported 2024-06-21 that The delay stalls a decision on whether ExxonMobil (XOM) has a right of first refusal over Hess’ lucrative Guyana operations.
XOM’s Market Performance
Exxon Mobil Corp. (XOM) has seen a 2.08% rise in stock performance for the week, with a -4.68% decline in the past month and a -1.02% plunge in the past quarter. The volatility ratio for the week is 1.65%, and the volatility levels for the past 30 days are at 1.87% for XOM. The simple moving average for the last 20 days is -0.32% for XOM stock, with a simple moving average of 2.73% for the last 200 days.
Analysts’ Opinion of XOM
Many brokerage firms have already submitted their reports for XOM stocks, with Truist repeating the rating for XOM by listing it as a “Hold.” The predicted price for XOM in the upcoming period, according to Truist is $124 based on the research report published on June 07, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see XOM reach a price target of $145. The rating they have provided for XOM stocks is “Overweight” according to the report published on May 15th, 2024.
TD Cowen gave a rating of “Buy” to XOM, setting the target price at $135 in the report published on April 30th of the current year.
XOM Trading at -3.42% from the 50-Day Moving Average
After a stumble in the market that brought XOM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.23% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares sank -2.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.91% lower at present.
During the last 5 trading sessions, XOM rose by +2.27%, which changed the moving average for the period of 200-days by -0.87% in comparison to the 20-day moving average, which settled at $112.55. In addition, Exxon Mobil Corp. saw 12.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at XOM starting from Dreyfus Maria S., who purchase 18,310 shares at the price of $109.25 back on Jun 17 ’24. After this action, Dreyfus Maria S. now owns 35,757 shares of Exxon Mobil Corp., valued at $2,000,386 using the latest closing price.
Talley Darrin L, the Vice President of Exxon Mobil Corp., sale 2,426 shares at $119.01 during a trade that took place back on Apr 29 ’24, which means that Talley Darrin L is holding 25,363 shares at $288,730 based on the most recent closing price.
Stock Fundamentals for XOM
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.28 for the gross margin
The net margin for Exxon Mobil Corp. stands at 0.1. The total capital return value is set at 0.14. Equity return is now at value 16.24, with 8.78 for asset returns.
Based on Exxon Mobil Corp. (XOM), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.33. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 46.65.
Currently, EBITDA for the company is 64.04 billion with net debt to EBITDA at 0.11. When we switch over and look at the enterprise to sales, we see a ratio of 1.5. The receivables turnover for the company is 8.39for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
To wrap up, the performance of Exxon Mobil Corp. (XOM) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
