Marathon Petroleum Corp [MPC] stock prices are up 3.19% to $149.56 at the moment. 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 MPC shares have gain 2.95% over the last week, with a monthly amount drifted -13.68%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Tudor Pickering Holt & Co. downgraded its rating to Sell on September 09, 2024. On August 07, 2024, TD Cowen reiterated its Buy rating and revised its price target to $190 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $200 on July 18, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $170 on January 31, 2024. In a note dated December 14, 2023, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $159 to $169.
The stock price of Marathon Petroleum Corp [MPC] has been fluctuating between $140.98 and $221.11 over the past year. Currently, Wall Street analysts expect the stock to reach $163.44 within the next 12 months. Marathon Petroleum Corp [NYSE: MPC] shares were valued at $149.56 at the most recent close of the market. An investor can expect a potential return of 9.28% based on the average MPC price forecast.
Analyzing the MPC fundamentals
The Marathon Petroleum Corp [NYSE:MPC] reported sales of 141.79B for trailing twelve months, representing a drop of -14.85%. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.21 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.55.
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 146.57 points at the first support level, and at 143.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 152.48, and for the 2nd resistance point, it is at 155.39.
Ratios To Look Out For
It’s worth pointing out that Marathon Petroleum Corp [NYSE:MPC]’s Current Ratio is 1.31. Further, the Quick Ratio stands at 0.90, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 1.91 and price to earnings (TTM) ratio is 11.85.
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.
