Exxon Mobil Corp. (XOM) shares projected to rise by 2.75%

A share price of Exxon Mobil Corp. [XOM] is currently trading at $114.58, up 0.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The XOM shares have gain 4.43% over the last week, with a monthly amount drifted -3.33%, and not 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:

Previously, Truist downgraded its rating to Hold on June 07, 2024, and dropped its price target to $124. TD Cowen reiterated its Buy rating and increased its price target to $135 on April 30, 2024. Barclays initiated its recommendation with a Overweight and recommended $147 as its price target on April 10, 2024. TD Cowen reiterated a Buy rating for this stock on April 01, 2024, and upped its price target to $120. In a note dated January 23, 2024, TD Cowen upgraded an Outperform rating on this stock but restated the target price of $115.

Exxon Mobil Corp. experienced fluctuations in its stock price throughout the past year between $95.77 and $123.75. Currently, Wall Street analysts expect the stock to reach $117.73 within the next 12 months. Exxon Mobil Corp. [NYSE: XOM] shares were valued at $114.58 at the most recent close of the market. An investor can expect a potential return of 2.75% based on the average XOM price forecast.

Analyzing the XOM fundamentals

Trailing Twelve Months sales for Exxon Mobil Corp. [NYSE:XOM] were 341.55B which represents 11.96% growth. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.

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 113.72 points at the first support level, and at 112.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.54, and for the 2nd resistance point, it is at 116.49.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Exxon Mobil Corp. [NYSE:XOM] is 1.36. On the other hand, the Quick Ratio is 1.01, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 13.72.

Transactions by insiders

Recent insider trading involved Dreyfus Maria S., Director, that happened on Jun 17 ’24 when 18310.0 shares were purchased. Vice President, Talley Darrin L completed a deal on Apr 29 ’24 to sell 2426.0 shares. Meanwhile, Vice President Talley Darrin L sold 2400.0 shares on Mar 19 ’24.

Related Posts