Exxon Mobil Corp. (XOM) Testing Investors’ Patience Right Now

Currently, there are 4.08B common shares owned by the public and among those 3.99B shares have been available to trade.

Insiders at the company have transacted a total of 11 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 6 of these insider trades were purchases, accounting for 442,000 shares. Insider sales of the common stock occurred on 5 occasions, with total insider shares sold totaling 5,764 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the script later moved the day high at 104.09, down -0.88%. The company’s stock has a 5-day price change of 0.11% and -0.59% over the past three months. XOM shares are trading 3.86% year to date (YTD), with the 12-month market performance down to -5.37% lower. It has a 12-month low price of $95.77 and touched a high of $120.70 over the same period. XOM has an average intraday trading volume of 20.56 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.95%, 2.59%, and -2.00% respectively.

Institutional ownership of Exxon Mobil Corp. (NYSE: XOM) shares accounts for 62.34% of the company’s 4.08B shares outstanding.

It has a market capitalization of $415.02B and a beta (3y monthly) value of 0.95. The stock’s trailing 12-month PE ratio is 11.68, while the earnings-per-share (ttm) stands at $8.89. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.50% over the week and 2.01% over the month.

Analysts forecast that Exxon Mobil Corp. (XOM) will achieve an EPS of $2.06 for the current quarter, $2.18 for the next quarter and $9.6 for 2025. The lowest estimate earnings-per-share for the quarter is $1.68 while analysts give the company a high EPS estimate of $2.73. Comparatively, EPS for the current quarter was $2.83 a year ago. Earnings per share for the fiscal year are expected to decrease by -8.20%, and 8.98% over the next financial year. EPS should shrink at an annualized rate of -10.74% over the next five years, compared to 12.74% over the past 5-year period.

Looking at the support for the XOM, a number of firms have released research notes about the stock. TD Cowen stated their Outperform rating for the stock in a research note on January 23, 2024, with the firm’s price target at $115. Redburn Atlantic coverage for the Exxon Mobil Corp. (XOM) stock in a research note released on January 09, 2024 offered a Buy rating with a price target of $119. Mizuho was of a view on January 03, 2024 that the stock is Neutral, while TD Cowen gave the stock Market Perform rating on December 08, 2023, issuing a price target of $118- $115. TD Cowen on their part issued Market Perform rating on December 01, 2023.

Most Popular

Related Posts