Exxon Mobil Corp. (NYSE:XOM) finished Thursday with a subtraction of -$0.73 to close at $119.47, a downside of -0.61 percent. An average of 15,421,160 shares of common stock have been traded in the last five days. There was a gain of $4.71 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 15,964,110 shares traded, while the 50-day average volume stands at 15,088,638.
XOM stock has increased by 8.80% in the last month. The company shares reached their 1-month lowest point of $108.42 on 08/29/23. With the stock rallying to its 52-week high on 09/28/23, shares of the company touched a low of $85.92 and a high of $120.50 in 52 weeks. It has reached a new high 11 times so far this year and achieved 8.31% or $9.17 in price. In spite of this, the price is down -0.85% from the 52-week high.
Insider Transactions
XOM stock investors should be aware that Exxon Mobil Corp. (XOM) stock had its last reported insider trading activity 24 days ago on Sep 05. In this transaction, the insider spent $172,500. Vice President, Talley Darrin L, disposed of 2,500 shares at a price of $116.11 on May 01. The insider now owns more than $290,288 worth of shares. Prior to that, Vice President Talley Darrin L went on to Sale 2,500 shares at $115.50 each on Feb 01. An amount of $288,750 was transacted.
Valuation Metrics
Exxon Mobil Corp. (XOM) has a trailing price-to-earnings (P/E) ratio of 9.56. The stock’s beta is 1.03. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.33, the price-to-book (PB) ratio at 2.40, and the price-to-cash flow ratio at 10.32.
The company has a payout ratio of 26.78%. The company’s most recent quarterly dividend payment was $0.91 a share, without any change from last year. Its latest increase dividend $0.03 reported on Thursday October 27 2022.
Financial Health
The quick ratio of Exxon Mobil Corp. for the three months ended June 29 was 1.09, and the current ratio was 1.48, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.19 and a total debt to equity ratio of 0.21 for the quarter ending June 29. Exxon Mobil Corp.’s EBITDA margin for the year ending June 29 is 22.35%, while its operating margin for the same period stands at 16.01%. Its gross profit as reported stood at $114.19 billion compared to revenue of $413.68 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Exxon Mobil Corp.’s return on assets was 14.15%.
Earnings Surprise
For the three-month period that ended June 29, Exxon Mobil Corp. had $37.57 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $7.88 billion in the quarter, while revenues of $11.43 billion were shrunk -126.52%. The analyst consensus anticipated Exxon Mobil Corp.’s latest quarter earnings to come in at $2.01 per share, but it turned out to be $1.94, a -3.50% surprise. For the quarter, EBITDA amounted to $16.15 billion. Shareholders own equity worth $4.0 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Exxon Mobil Corp. (XOM) price momentum. RSI 9-day as of the close on 28 September was 66.32%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.16%.
As of today, XOM’s price is $117.45 +4.10% or $4.71 from its 5-day moving average. XOM is currently trading +7.75% higher than its 20-day SMA and +9.93% higher than its 100-day SMA. However, the stock’s current price level is +17.57% above the SMA50 and +15.39% above the SMA200.
The stochastic %K and %D were 77.46% and 63.70%, respectively, and the average true range (ATR) was 2.30. With the 14-day stochastic at 82.76% and the average true range at 2.26, the RSI (14) stands at 64.64%. The stock has reached 1.65 on the 9-day MACD Oscillator while the 14-day reading was at 1.79.
Analyst Ratings
Redburn upgraded Exxon Mobil Corp. (NYSE: XOM) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell. The consensus rating for Exxon Mobil Corp. (XOM) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell XOM, while 15 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 10 others rate it as a “buy”.
What is XOM’s price target for the next 12 months?
Analysts predict a range of price targets between $105.00 and $150.00, with a median target of $120.00. Taking a look at these predictions, the average price target given by analysts for Exxon Mobil Corp. (XOM) stock is $123.24.
