Marathon Petroleum Corp [MPC] stock is trading at $165.82, up 1.79%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MPC shares have gain 2.07% over the last week, with a monthly amount drifted -6.38%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Marathon Petroleum Corp [NYSE: MPC] stock has seen the most recent analyst activity on September 09, 2024, when Tudor Pickering Holt & Co. downgraded its rating to a Sell. Previously, TD Cowen reaffirmed its Buy rating on August 07, 2024, and elevated its price target to $190. On July 18, 2024, Wolfe Research initiated with a Outperform rating and assigned a price target of $200 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $170 on January 31, 2024. Citigroup initiated its recommendation with a Neutral. Wells Fargo upgraded its rating to Overweight for this stock on December 14, 2023, and upped its price target to $169. In a note dated August 16, 2023, Mizuho downgraded an Neutral rating on this stock and boosted its target price from $148 to $161.
Marathon Petroleum Corp [MPC] stock has fluctuated between $139.32 and $221.11 over the past year. Currently, Wall Street analysts expect the stock to reach $157.27 within the next 12 months. Marathon Petroleum Corp [NYSE: MPC] shares were valued at $165.82 at the most recent close of the market. An investor can expect a potential drop of -5.16% based on the average MPC price forecast.
Analyzing the MPC fundamentals
Marathon Petroleum Corp [NYSE:MPC] reported sales of 147.88B for the trailing twelve months, which represents a growth of 3.78%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.3 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.38.
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 161.99 points at the first support level, and at 158.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 168.26, and for the 2nd resistance point, it is at 170.71.
Ratios To Look Out For
For context, Marathon Petroleum Corp’s Current Ratio is 1.31. In addition, the Quick Ratio stands at 0.90 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.38, the price to book ratio is 2.65 and price to earnings (TTM) ratio is 8.71.
Transactions by insiders
Recent insider trading involved Rucker Kim K.W., Director, that happened on Mar 01 ’24 when 1000.0 shares were sold. Ex VP, Refining, Aydt Timothy J completed a deal on Feb 26 ’24 to sell 7955.0 shares. Meanwhile, Senior VP and Controller HAGEDORN CARL KRISTOPHER sold 1436.0 shares on Nov 13 ’23.
