What is the best trade option for Exxon Mobil Corp. (XOM) stock?

Exxon Mobil Corp. [XOM] stock is trading at $120.27, down -0.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The XOM shares have lost -0.32% over the last week, with a monthly amount glided 2.75%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Scotiabank upgraded its rating to Sector Outperform on October 10, 2024, and elevated its price target to $145. On October 09, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $105 on the stock. Redburn Atlantic downgraded its rating to a Neutral and increased its price target to $120 on September 24, 2024. Truist downgraded its rating to Hold for this stock on June 07, 2024, and downed its price target to $124.

Exxon Mobil Corp. [XOM] stock has fluctuated between $95.77 and $126.34 over the past year. Currently, Wall Street analysts expect the stock to reach $119.66 within the next 12 months. Exxon Mobil Corp. [NYSE: XOM] shares were valued at $120.27 at the most recent close of the market. An investor can expect a potential drop of -0.51% based on the average XOM price forecast.

Analyzing the XOM fundamentals

Exxon Mobil Corp. [NYSE:XOM] reported sales of 341.55B for the trailing twelve months, which represents a growth of 11.96%. 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 119.53 points at the first support level, and at 118.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 120.88, and for the 2nd resistance point, it is at 121.49.

Ratios To Look Out For

For context, Exxon Mobil Corp.’s Current Ratio is 1.36. As well, the Quick Ratio is 1.01, while the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 1.99 and price to earnings (TTM) ratio is 14.40.

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.

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