As of Wednesday close, Exxon Mobil Corporation’s (NYSE:XOM) stock was down -$1.82, moving down -1.68 percent to $106.34. The average number of shares traded per day over the past five days has been 14,292,400 shares. 2 times new highs have been achieved over the past 5 days, with a -$3.22 fall in that time frame. In the last twenty days, the average volume was 15,640,045, while in the previous 50 days, it was 16,217,118.
Since last month, XOM stock rose 5.37%. Shares of the company fell to $100.22 on 07/17/23, the lowest level in the past month. A 52-week high of $119.92 was reached on 04/28/23 after having rallying from a 52-week low of $83.89. Since the beginning of this year, XOM’s stock price has dropped by -3.59% or -$3.96, and marked a new high 9 times. However, the stock has declined by -11.32% since its 52-week high.
XOM stock investors should be aware that Exxon Mobil Corporation (XOM) stock had its last reported insider trading activity 16 days ago on Aug 01. UBBEN JEFFREY W, the Director of the company, purchased of 192,000 shares for $106.44 on Aug 01. It resulted in a $20,437,068 investment by the insider. UBBEN JEFFREY W added 458,000 shares at an average price of $106.93 on Jul 31. The insider now owns 1,635,000 shares following the transaction. On May 01, Vice President Talley Darrin L sold 2,500 shares at $116.11 apiece. The transaction was valued at $290,288.
Valuation Metrics
Right now, Exxon Mobil Corporation (XOM) has a P/E ratio of about 8.51. The stock’s beta is 1.07. Besides these, the trailing price-to-sales (P/S) ratio of 1.15, the price-to-book (PB) ratio of 2.17, and the price-to-cash flow ratio of 9.05 may also be considered.
The latest dividend of $0.91 per share was paid out, remained unchanged from last year’s $0.91. On Thursday October 27 2022, a $0.03 dividend increase was announced.
Financial Health
In the three months ended June 29, Exxon Mobil Corporation’s quick ratio stood at 1.10, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.19, and the total debt-to-equity ratio was 0.21. On the profitability front, the trailing twelve-month gross margin is 32.80% percent. In the year ended June 29, EBITDA margin amounted to 22.35%, whereas operating margins totaled 16.70%. Based on annual data, XOM earned $114.19 billion in gross profit and brought in $413.68 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 18.30%. Return on equity (ROE) for the past 12 months was 26.60%.
In Exxon Mobil Corporation’s quarter-end financial report for June 29, it reported total debt of $37.57 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. XOM’s revenue fell -39.52% to $86.56 billion during the quarter, while net income inched up to $82.91 billion. While analysts expected Exxon Mobil Corporation to report $2.01 quarterly earnings, the actual figure was $1.94 per share, beating the consensus estimate by -3.50%. During the quarter, the company generated $16.15 billion in EBITDA. The liabilities of Exxon Mobil Corporation were 156.25 billion at the end of its most recent quarter ended June 29, and its total debt was $41.5 billion. The value of shareholders’ equity is $4.0 billion.
Technical Picture
This quick technical analysis looks at Exxon Mobil Corporation’s (XOM) price momentum. With a historical volatility rate of 23.86%, the RSI 9-day stood at 43.91% on 16 August.
With respect to its five-day moving average, the current Exxon Mobil Corporation price is down by -2.94% percent or -$3.22. At present, XOM shares trade +4.64% above its 20-day simple moving average and +2.83% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.00% above its SMA50 and -1.13% below its SMA200.
Stochastic coefficient K was 66.53% and Stochastic coefficient D was 81.70%, while ATR was 2.43. Given the Stochastic reading of 41.23% for the 14-day period, the RSI (14) reading has been calculated as 48.10%. As of today, the MACD Oscillator reading stands at -0.11, while the 14-day reading stands at 0.90.
Analyst Ratings
Truist reiterated its a Hold rating on Exxon Mobil Corporation (NYSE: XOM) in a note to investors. The analysts firm has however raised their price target to $110, representing a possible 9.88% increase in the stock price. Exxon Mobil Corporation (XOM) has been rated Overweight by analysts. According to 1 brokerage firm, XOM is a sell, and 14 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Exxon Mobil Corporation stock as buy, with 11 recommending it as overweight.
With a median target price of $120.00, the current consensus forecast for the stock is $100.00 – $145.00. Based on these forecasts, analysts predict Exxon Mobil Corporation (XOM) will achieve an average price target of $120.95.
