Marathon Petroleum Corp (MPC) concluded trading on Thursday at a closing price of $158.31, with 2.41 million shares of worth about $381.32 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.82% during that period and on October 17, 2024 the price saw a gain of about 0.26%. Currently the company’s common shares owned by public are about 368.00M shares, out of which, 333.87M shares are available for trading.
Stock saw a price change of -3.97% in past 5 days and over the past one month there was a price change of -3.86%. Year-to-date (YTD), MPC shares are showing a performance of 6.71% which increased to 4.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $140.98 but also hit the highest price of $221.11 during that period. The average intraday trading volume for Marathon Petroleum Corp shares is 2.69 million. The stock is currently trading -3.51% below its 20-day simple moving average (SMA20), while that difference is down -5.77% for SMA50 and it goes to -9.41% 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 76.23% of that.
The stock has a current market capitalization of $52.98B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 8.32, 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 1.58% while standing at 3.05% over the month.
Stock’s fiscal year EPS is expected to drop by -62.21% while it is estimated to increase by 10.65% in next year. EPS is likely to shrink at an annualized rate of -13.00% for next 5-years, compared to annual growth of 34.95% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on Oct-18-24 offering a Neutral rating for the stock and assigned a target price of $174 to it. On August 07, 2024, TD Cowen Reiterated their recommendations, while on July 18, 2024, Wolfe Research Initiated their ratings for the stock with a price target of $200. Stock get an Outperform rating from TD Cowen on January 31, 2024.
