The stock of Exxon Mobil Corporation (NYSE:XOM) increased by $0.91 on Monday to finish at $109.16, up 0.84 percent. The last five days have seen an average of 11,347,220 shares of common stock traded. 9 times new highs were reached in the current year, with a fall of -$1.14. The average number of shares traded over the last 20 days was 13,844,255, while the average volume over the last 50 days totaled 15,942,202.
XOM stock appreciated 4.80% since last month. On 08/02/23, the company’s shares reached a one-month low of $104.57. The stock touched a high of $119.92 on 04/28/23, after rallying from a low of $83.89 in 52 weeks. The price of XOM stock has declined by -1.03% or -$1.14 this year, reaching a new high 9 times. Still, the stock price is down -8.97% from the 52-week high.
Insider Transactions
XOM stock investors should be aware that Exxon Mobil Corporation (XOM) stock had its last reported insider trading activity 28 days ago on Aug 01. On Aug 01, Director UBBEN JEFFREY W acquired 192,000 shares at $106.44 each. This transaction resulted in the insider spending $20,437,068. On Jul 31, UBBEN JEFFREY W added 458,000 shares at a price of US$106.93. After the transaction, the insider now owns 1,635,000 shares. Vice President Talley Darrin L had earlier sold 2,500 shares on May 01 for $116.11 a share. The transaction was completed for $290,288.
Valuation Metrics
Exxon Mobil Corporation (XOM) has a trailing price-to-earnings (P/E) ratio of 8.74. Beta for the stock is 1.07. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.18, the price-to-book (PB) ratio of 2.23, and the price-to-cash flow ratio of 9.26.
Company paid $0.91 per share in dividends, remained unchanged from $0.91 last year. A $0.03 dividend increase was reported on Thursday October 27 2022.
Financial Health
For the three months ended June 29, Exxon Mobil Corporation’s quick ratio was 1.10, while its current ratio was 1.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.19, and the total debt to equity ratio is 0.21. As far as profitability goes, gross margin for the trailing twelve months is 32.80% percent. Exxon Mobil Corporation’s EBITDA margin for the year ended June 29 was 22.35%, whereas its operating margin stood at 16.70% for the same period. Based on annual data, it had gross profit of $114.19 billion and revenue of $413.68 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. XOM’s return on assets (ROA) during the last 12 months has been 14.10%. There was a 18.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 26.60%.
Earnings Surprise
According to Exxon Mobil Corporation’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $82.91 billion, while revenues fell by -39.52% to $86.56 billion. It was predicted that Exxon Mobil Corporation’s quarterly earnings would be $1.8, but it ended up being $1.87, beating the consensus by -3.70%. EBITDA was $16.15 billion for the quarter. At the end of Exxon Mobil Corporation’s most recent quarter ended June 29, its liabilities totaled 156.25 billion, while its total debt was $41.5 billion. Equity owned by shareholders amounts to $4.0 billion.
Technical Picture
Here’s a quick look at Exxon Mobil Corporation’s (XOM) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 55.73%, suggesting the stock is Neutral, with a 20.95% historical volatility rate.
The stochastic %K and %D were 40.77% and 35.61% respectively, while the average true range (ATR) was 2.36. Based on the 14-day stochastic reading of 54.17%, the RSI (14) reading is 54.97%. On the 9-day MACD Oscillator, the stock is at -0.14, and the 14-day reading is at -0.94.
Analyst Ratings
In a note to investors, Truist maintained its a Hold rating on Exxon Mobil Corporation (NYSE: XOM). However, the firm raised their price target to $110, indicating a possible increase of 7.49% in the stock price. Analysts have assigned Exxon Mobil Corporation (XOM) an Overweight rating. XOM is a stock that is recommended for selling by 1 brokerage firm, while 14 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.
What is XOM’s price target for the next 12 months?
The current consensus forecast for the stock is between $100.00 and $145.00, with a median target price of $120.00. In analyzing these forecasts, the average price target given by analysts for Exxon Mobil Corporation (XOM) is $121.18.
