In yesterday’s Wall Street session, Exxon Mobil Corp. (NYSE:XOM) shares traded at $103.96, down -0.58% from the previous session.
28 analysts cover Exxon Mobil Corp. (NYSE:XOM), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $150.00 and a low of $110.00, we find $123.00. Given the previous closing price of $104.57, this indicates a potential upside of 17.62 percent. XOM stock price is now -5.16% away from the 50-day moving average and -4.65% away from the 200-day moving average. The market capitalization of the company currently stands at $416.48B.
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The stock has received a hold rating from 11 analysts and a buy rating from 13. Brokers who have rated the stock have averaged $127.64 as their price target over the next twelve months.
With the price target of $140, Bernstein recently initiated with Outperform rating for Exxon Mobil Corp. (NYSE: XOM).
In other news, UBBEN JEFFREY W, Director bought 250,000 shares of the company’s stock on Nov 06. The stock was bought for $26,491,420 at an average price of $105.97. Upon completion of the transaction, the Director now directly owns 2,077,000 shares in the company, valued at $215.92 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05, Vice President Talley Darrin L sold 1,500 shares of the business’s stock. A total of $172,500 was realized by selling the stock at an average price of $115.00. This leaves the insider owning 27,772 shares of the company worth $2.89 million. Insiders disposed of 106,355 shares of company stock worth roughly $11.06 million over the past 1 year. A total of 0.14% of the company’s stock is owned by insiders.
On Monday morning Exxon Mobil Corp. (NYSE: XOM) stock kicked off with the opening price of $104.10. During the past 12 months, Exxon Mobil Corp. has had a low of $98.02 and a high of $120.70. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 1.42, and a quick ratio of 1.08. According to the stock market information, the enterprise value for the company is $427.23B, which is based on a 10.33 price-to-earnings ratio, a 0.23 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for XOM is $109.36 and a two-hundred day moving average price translates $108.98 for the stock.
The latest earnings results from Exxon Mobil Corp. (NYSE: XOM) was released for Sep, 2023. The net profit margin was 11.92% and return on equity was 21.32% for XOM. The company reported revenue of $90.76 billion for the quarter, compared to $112.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -19.01 percent.
