Marathon Petroleum Corp (MPC) concluded trading on Wednesday at a closing price of $165.38, with 2.85 million shares of worth about $470.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.06% during that period and on October 02, 2024 the price saw a loss of about -0.27%. Currently the company’s common shares owned by public are about 368.00M shares, out of which, 333.88M shares are available for trading.
Stock saw a price change of 2.30% in past 5 days and over the past one month there was a price change of -4.86%. Year-to-date (YTD), MPC shares are showing a performance of 11.47% which increased to 10.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $139.32 but also hit the highest price of $221.11 during that period. The average intraday trading volume for Marathon Petroleum Corp shares is 2.64 million. The stock is currently trading 0.81% above its 20-day simple moving average (SMA20), while that difference is down -2.38% for SMA50 and it goes to -4.93% lower than SMA200.
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Marathon Petroleum Corp (NYSE: MPC) currently have 368.00M outstanding shares and institutions hold larger chunk of about 76.25% of that.
The stock has a current market capitalization of $55.35B and its 3Y-monthly beta is at 1.35. PE ratio of stock for trailing 12 months is 8.69, while it has posted earnings per share of $19.03 in the same period. It has Quick Ratio of 0.90 while making debt-to-equity ratio of 1.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MPC, volatility over the week remained 3.06% while standing at 2.90% over the month.
Stock’s fiscal year EPS is expected to drop by -55.25% while it is estimated to increase by 13.11% in next year. EPS is likely to shrink at an annualized rate of -3.70% for next 5-years, compared to annual growth of 34.95% made by the stock over the past 5-years.
Coverage by TD Cowen stated Marathon Petroleum Corp (MPC) stock as a Buy in their note to investors on August 07, 2024, suggesting a price target of $190 for the stock. On July 18, 2024, Wolfe Research Initiated their recommendations, while on January 31, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $170. Stock get a Neutral rating from Citigroup on January 24, 2024.
