Exxon Mobil Corp (NYSE: XOM) has experienced a decline in its stock price by -0.01 compared to its previous closing price of 106.49. However, the company has seen a gain of 0.92% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-29 that For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.
Is It Worth Investing in Exxon Mobil Corp (NYSE: XOM) Right Now?
Exxon Mobil Corp (NYSE: XOM) has a price-to-earnings ratio of 13.26x that is above its average ratio. Additionally, the 36-month beta value for XOM is 0.88. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 7 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
The public float for XOM is 4.39B and currently, short sellers hold a 1.03% ratio of that float. The average trading volume of XOM on December 30, 2024 was 14.95M shares.
XOM’s Market Performance
The stock of Exxon Mobil Corp (XOM) has seen a 0.92% increase in the past week, with a -9.74% drop in the past month, and a -8.06% fall in the past quarter. The volatility ratio for the week is 1.47%, and the volatility levels for the past 30 days are at 1.62% for XOM. The simple moving average for the last 20 days is -3.91% for XOM’s stock, with a simple moving average of -8.40% for the last 200 days.
Analysts’ Opinion of XOM
Many brokerage firms have already submitted their reports for XOM stocks, with TD Cowen repeating the rating for XOM by listing it as a “Buy.” The predicted price for XOM in the upcoming period, according to TD Cowen is $128 based on the research report published on December 16, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see XOM reach a price target of $132, previously predicting the price at $127. The rating they have provided for XOM stocks is “Buy” according to the report published on November 19th, 2024.
TD Cowen gave a rating of “Buy” to XOM, setting the target price at $127 in the report published on November 04th of the current year.
XOM Trading at -8.25% 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 -15.72% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.47%, as shares sank -9.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.75% lower at present.
During the last 5 trading sessions, XOM rose by +0.92%, which changed the moving average for the period of 200-days by -2.78% in comparison to the 20-day moving average, which settled at $110.81. In addition, Exxon Mobil Corp saw 6.50% 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
- 0.25 for the gross margin
The net margin for Exxon Mobil Corp stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 14.39, with 8.08 for asset returns.
Based on Exxon Mobil Corp (XOM), the company’s capital structure generated 0.14 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 0.16. The interest coverage ratio of the stock is 44.39.
Currently, EBITDA for the company is 74.27 billion with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 8.26for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
In conclusion, Exxon Mobil Corp (XOM) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
