Marathon Petroleum Corp (MPC) stock expected to rise by 12.56%: What’s driving the optimism?

Marathon Petroleum Corp [MPC] stock is trading at $151.39, up 0.50%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MPC shares have gain 2.56% over the last week, with a monthly amount glided 11.82%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Marathon Petroleum Corp [NYSE: MPC] stock has seen the most recent analyst activity on December 10, 2024, when TD Cowen reiterated its Buy rating but kept the price target unchanged to $170 for it. Previously, TD Cowen reaffirmed its Buy rating on November 06, 2024, and dropped its price target to $170. Tudor Pickering Holt & Co. downgraded its rating to a Sell. TD Cowen reiterated its recommendation of a Buy and raised its price target to $190 on August 07, 2024. Wolfe Research started tracking with a Outperform rating for this stock on July 18, 2024, and assigned it a price target of $200. In a note dated January 31, 2024, TD Cowen reiterated an Outperform rating on this stock and boosted its target price from $168 to $170.

Marathon Petroleum Corp [MPC] stock has fluctuated between $130.54 and $221.11 over the past year. Currently, Wall Street analysts expect the stock to reach $170.4 within the next 12 months. Marathon Petroleum Corp [NYSE: MPC] shares were valued at $151.39 at the most recent close of the market. An investor can expect a potential return of 12.56% based on the average MPC price forecast.

Analyzing the MPC fundamentals

Marathon Petroleum Corp [NYSE:MPC] reported sales of 141.79B for the trailing twelve months, which represents a drop of -14.86%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.55.

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 149.94 points at the first support level, and at 148.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 152.96, and for the 2nd resistance point, it is at 154.54.

Ratios To Look Out For

For context, Marathon Petroleum Corp’s Current Ratio is 1.23. Also, the Quick Ratio is 0.76, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 2.60 and price to earnings (TTM) ratio is 11.99.

Transactions by insiders

Recent insider trading involved CAMPBELL JEFFREY C, Director, that happened on Dec 04 ’24 when 6000.0 shares were purchased. Director, Rucker Kim K.W. completed a deal on Mar 01 ’24 to sell 1000.0 shares. Meanwhile, Ex VP, Refining Aydt Timothy J sold 7955.0 shares on Feb 26 ’24.

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