Exxon Mobil Corporation (NYSE:XOM) saw an upside of 0.49% to close Tuesday at $107.73 after adding $0.53 on the day. The 5-day average trading volume is 14,105,761 shares of the company’s common stock. It has gained $109.24 in the past week and touched a new high 3 times within the past 5 days. An average of 17,394,811 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 16,140,012.
XOM’s 1-month performance is 2.90% or $4.57 on its low of $100.22 reached on 07/17/23. The company’s shares have touched a 52-week low of $83.89 and high of $119.92, with the stock’s rally to the 52-week high happening on 04/28/23. YTD, XOM has lost -2.33% or -$2.57 and has reached a new high 9 times. However, the current price is down -10.17% from the 52-week high price.
Insider Transactions
XOM stock investors last saw insider trading activity on Aug 01.Talley Darrin L (Vice President) most recently sold 2,500 shares at $116.11 per share on May 01. This transaction cost the insider $290,288. Vice President, Talley Darrin L, sold 2,500 shares at a price of $115.50 on Feb 01. Then, on Dec 15, Vice President and Controller Fox Leonard M. sold 12,000 shares at a price of $104.68 per share. This transaction amounted to $1,256,194.
Valuation Metrics
XOM stock has a beta of 1.08. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.18 while the price-to-book (PB) in the most recent quarter is 2.20, with the price to cash flow ratio at 13.67.
Exxon Mobil Corporation’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.50. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.19, while the total debt to equity was 0.21.. In terms of profitability, the gross margin trailing 12 months is 32.80%. The trailing 12-month EBITDA margin is 22.35% while for the period ending June 29, Exxon Mobil Corporation’s operating margin was 16.70%. The firm’s gross profit as reported stood at $114.19 billion against revenue of $413.68 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -126.52% to $7.88 billion, while revenue of $11.43 billion was -45.05% off the previous quarter. Analysts expected XOM to announce $1.83 per share in earnings in its latest quarter, but it posted $1.76, representing a -3.80% surprise. EBITDA for the quarter stood at more than $16.15 billion. XOM stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 156.25 billion, with total debt at $41.5 billion. Shareholders hold equity totaling $4.0 billion.
Let’s look briefly at Exxon Mobil Corporation (XOM) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 61.88% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.09%.
The stock’s 5-day moving average is $106.95, reflecting a +1.04% or $1.11 change from its current price. XOM is currently trading +1.66% above its 20-day SMA, +6.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.96% and SMA200 by+3.80%.
Stochastic %K and %D was 77.85% and 79.45% and the average true range (ATR) pointed at 2.27. The RSI (14) points at 57.98%, while the 14-day stochastic is at 78.18% with the period’s ATR at 2.24. The stock’s 9-day MACD Oscillator is pointing at 0.98 and 1.61 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Exxon Mobil Corporation (NYSE: XOM), Truist reiterated its a Hold rating for the company but lifted their price target by $118 to $110. Analysts offering their rating for XOM stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate XOM as a “sell,”, while 14 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 11 have offered a “buy” rating.
What is XOM’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $100.00 and a high of $145.00, with their median price target at $119.50. Looking at these predictions, the average price target given by analysts is for Exxon Mobil Corporation (XOM) stock is $120.45.
