Exxon Mobil Corp. (NYSE: XOM) Emerges As Guiding Light For Investors

Exxon Mobil Corp. (NYSE:XOM) currently has a daily average trading volume of 18.25M but it saw 18213652 shares traded in last market. With a market cap of 475.03B USD, the company’s current market price of $119.72 came rising about 0.35 while comparing to the previous closing price of $119.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $120.70 and as low as $95.77.

Taking a look at 20-day trading activity of Exxon Mobil Corp. (XOM) gives us an average price of $113.28, while its current price level is -0.81% below from 52-week high level whereas it is 25.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $107.32 while that of 200 days or SMA-200 reads an average of $106.65. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.33% during that period while stretching the period over a month that increases to 1.35%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 83.05 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on April 01, 2024, recommending a price target of between $115 and $120 for it. TD Cowen upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on January 23, 2024 while assigning a price target of $115. Redburn Atlantic issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $116 and $119.

Over the week, XOM’s stock price is moving 4.13% up while it is 13.33% when we observe its performance for the past one month. Year-to-date it is 19.74% up and over the past year, the stock is showing an upside performance of 3.09%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $2.3 beat the consensus estimate of $2.06 for the same. For XOM, analysts are forecasting an EPS-growth rate of 2.90% for current year and estimate for EPS growth in next year is 6.50%. In next quarter, company is expected to be making quarterly sales of $74.28 billion as analysts are expecting the sales for current fiscal year at $309.32 billion and seeing the company making $310.91 billion in sales next year. Moreover, analysts are in estimates of $71.94 billion for current-quarter revenue.

Currently, Exxon Mobil Corp.’s total number of outstanding shares is 3.97B with 0.06% of that held by the insiders while 62.85% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 14.59% and return on equity (ROE) at 18.01%. It has a price to earnings ratio (P/E ratio) of 13.48 while having a 12.49 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 2.32 while price to sale or P/S ratio amounts to 1.42. Its return on asset (ROA) is 9.66% on average.