A share price of Marathon Petroleum Corp [MPC] is currently trading at $171.98, down -1.64%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MPC shares have gain 5.09% over the last week, with a monthly amount glided 2.09%, and 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 experienced fluctuations in its stock price throughout the past year between $139.32 and $221.11. 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 $171.98 at the most recent close of the market. An investor can expect a potential drop of -8.55% based on the average MPC price forecast.
Analyzing the MPC fundamentals
Trailing Twelve Months sales for Marathon Petroleum Corp [NYSE:MPC] were 147.88B which represents 3.78% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.38.
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 168.96 points at the first support level, and at 165.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 176.32, and for the 2nd resistance point, it is at 180.66.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Marathon Petroleum Corp [NYSE:MPC] is 1.31. As well, the Quick Ratio is 0.90, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 9.04.
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.
