The price-to-earnings ratio for Exxon Mobil Corp. (NYSE: XOM) is 14.14x, 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 0.94% of that float. On July 23, 2024, XOM’s average trading volume was 17.14M shares.
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XOM) stock’s latest price update
Exxon Mobil Corp. (NYSE: XOM)’s stock price has decreased by -0.69 compared to its previous closing price of 116.07. However, the company has seen a 0.05% increase in its stock price over the last five trading sessions. 247wallst.com reported 2024-07-22 that 24/7 Insights With the Democrat Convention right around the corner, the field for November is almost set.
XOM’s Market Performance
XOM’s stock has risen by 0.05% in the past week, with a monthly rise of 3.16% and a quarterly drop of -3.85%. The volatility ratio for the week is 1.92% while the volatility levels for the last 30 days are 1.74% for Exxon Mobil Corp. The simple moving average for the past 20 days is 0.84% for XOM’s stock, with a 5.62% simple moving average for the past 200 days.
Analysts’ Opinion of XOM
Many brokerage firms have already submitted their reports for XOM stocks, with Wolfe Research repeating the rating for XOM by listing it as a “Outperform.” The predicted price for XOM in the upcoming period, according to Wolfe Research is $146 based on the research report published on July 18, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see XOM reach a price target of $124, previously predicting the price at $146. The rating they have provided for XOM stocks is “Hold” according to the report published on June 07th, 2024.
Morgan Stanley gave a rating of “Overweight” to XOM, setting the target price at $145 in the report published on May 15th of the current year.
XOM Trading at 0.75% 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 -6.85% of loss for the given period.
Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +4.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.76% lower at present.
During the last 5 trading sessions, XOM rose by +0.05%, which changed the moving average for the period of 200-days by -0.48% in comparison to the 20-day moving average, which settled at $114.54. In addition, Exxon Mobil Corp. saw 15.29% 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 1.55. 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 better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
