At the time of writing, Marathon Oil Corporation [MRO] stock is trading at $28.35, down -1.46%. 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 MRO shares have lost -3.18% over the last week, with a monthly amount glided 6.94%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Marathon Oil Corporation [NYSE: MRO] stock has seen the most recent analyst activity on April 10, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $35. Previously, Argus upgraded its rating to Buy on March 14, 2024, and kept the price target unchanged to $31. On December 11, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $25 on the stock. Goldman upgraded its rating to a Neutral but stick to its price target of $25 on July 12, 2023. UBS initiated its recommendation with a Buy and recommended $33 as its price target on April 19, 2023. Citigroup upgraded its rating to Buy for this stock on March 23, 2023, but kept the price target unchanged to $27. In a note dated February 16, 2023, The Benchmark Company upgraded an Buy rating on this stock but restated the target price of $32.
For the past year, the stock price of Marathon Oil Corporation fluctuated between $21.63 and $30.06. Currently, Wall Street analysts expect the stock to reach $28.06 within the next 12 months. Marathon Oil Corporation [NYSE: MRO] shares were valued at $28.35 at the most recent close of the market. An investor can expect a potential drop of -1.02% based on the average MRO price forecast.
Analyzing the MRO fundamentals
According to Marathon Oil Corporation [NYSE:MRO], the company’s sales were 6.41B for trailing twelve months, which represents an -1.12% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
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 28.00 points at the first support level, and at 27.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.76, and for the 2nd resistance point, it is at 29.18.
Ratios To Look Out For
It is important to note that Marathon Oil Corporation [NYSE:MRO] has a current ratio of 0.40. Further, the Quick Ratio stands at 0.35, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.55, the price to book ratio is 1.46 and price to earnings (TTM) ratio is 11.08.
Transactions by insiders
Recent insider trading involved WAGNER PATRICK,, that happened on Mar 27 ’24 when 36094.0 shares were sold. Executive VP, Operations, Henderson Michael A completed a deal on Mar 25 ’24 to sell 51389.0 shares. Meanwhile, Executive VP and CFO Whitehead Dane E sold 73233.0 shares on Mar 22 ’24.
