A share price of Exxon Mobil Corp. [XOM] is currently trading at $119.28, up 1.96%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The XOM shares have gain 4.04% over the last week, with a monthly amount glided 12.70%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Exxon Mobil Corp. [NYSE: XOM] stock has seen the most recent analyst activity on April 01, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $120 from $115. Previously, TD Cowen upgraded its rating to Outperform on January 23, 2024, and kept the price target unchanged to $115. On January 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $119 on the stock. Mizuho downgraded its rating to a Neutral but stick to its price target of $117 on January 03, 2024. TD Cowen reiterated its recommendation of a Market Perform and reduced its price target to $115 on December 08, 2023. TD Cowen reiterated a Market Perform rating for this stock on December 01, 2023, and upped its price target to $118. In a note dated October 17, 2023, Bernstein initiated an Outperform rating and provided a target price of $140 on this stock.
Exxon Mobil Corp. experienced fluctuations in its stock price throughout the past year between $95.77 and $120.70. Currently, Wall Street analysts expect the stock to reach $106.42 within the next 12 months. Exxon Mobil Corp. [NYSE: XOM] shares were valued at $119.28 at the most recent close of the market. An investor can expect a potential drop of -10.78% based on the average XOM price forecast.
Analyzing the XOM fundamentals
Trailing Twelve Months sales for Exxon Mobil Corp. [NYSE:XOM] were 333.71B which represents -12.28% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.18 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 117.87 points at the first support level, and at 116.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.14, and for the 2nd resistance point, it is at 121.01.
Exxon Mobil Corp. [XOM] reported earnings per share of $2.48 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.21/share, meaning a difference of $0.27 and a surprise factor of 12.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.27 per share as compared to estimates of $2.37 per share, a difference of -$0.1 representing a surprise of -4.20%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Exxon Mobil Corp. [NYSE:XOM] is 1.48. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 13.43.
Transactions by insiders
Recent insider trading involved Talley Darrin L, Vice President, that happened on Mar 19 ’24 when 2400.0 shares were sold. Vice President, Talley Darrin L completed a deal on Feb 22 ’24 to sell 2400.0 shares. Meanwhile, Vice President and Controller Fox Leonard M. sold 12000.0 shares on Dec 18 ’23.
