Stocks of Exxon Mobil Corp. (NYSE:XOM) traded higher last session on Wall Street, up 1.02% to $114.65.
XOM stock price is now 9.97% away from the 50-day moving average and 7.92% away from the 200-day moving average. The market capitalization of the company currently stands at $454.91B.
With the price target maintained at $115, TD Cowen recently Upgraded its rating from Market Perform to Outperform for Exxon Mobil Corp. (NYSE: XOM). On January 09, 2024, Redburn Atlantic Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $116 to quote $119, while ‘Mizuho’ rates the stock as ‘Neutral’
In other news, Talley Darrin L, Vice President sold 2,400 shares of the company’s stock on Mar 19 ’24. The stock was sold for $271,980 at an average price of $113.33. Upon completion of the transaction, the Vice President now directly owns 27,789 shares in the company, valued at $3.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 22 ’24, Vice President Talley Darrin L sold 2,400 shares of the business’s stock. A total of $252,000 was realized by selling the stock at an average price of $105.00. This leaves the insider owning 30,189 shares of the company worth $3.46 million. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Exxon Mobil Corp. has had a low of $95.77 and a high of $120.70. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.48, and a quick ratio of 1.09. The fifty day moving average price for XOM is $104.26 and a two-hundred day moving average price translates $106.24 for the stock.
The latest earnings results from Exxon Mobil Corp. (NYSE: XOM) was released for Dec, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $2.28, beating analysts’ expectations of $2.04 by 0.24. This compares to $3.13 EPS in the same period last year. The net profit margin was 10.79% and return on equity was 18.01% for XOM. The company reported revenue of $84.34 billion for the quarter, compared to $95.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.62 percent. For the current quarter, analysts expect XOM to generate $73.81B in revenue.
