Marathon Oil Corporation [MRO] is -51.40% lower this YTD. Is it still time to buy?

Marathon Oil Corporation [NYSE: MRO] price surged by 0.30 percent to reach at $0.02. A sum of 30027821 shares traded at recent session while its average daily volume was at 47.18M shares. Marathon Oil Corporation shares reached a high of $6.6974 and dropped to a low of $6.12 until finishing in the latest session at $6.60.

The one-year MRO stock forecast points to a potential upside of 7.95. The average equity rating for MRO stock is currently 2.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Marathon Oil Corporation [MRO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRO shares is $7.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRO stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Marathon Oil Corporation shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 19, 2020. The new note on the price target was released on May 08, 2020, representing the official price target for Marathon Oil Corporation stock. Previously, the target price had yet another raise to $4, while Credit Suisse analysts kept a Neutral rating on MRO stock.

The Average True Range (ATR) for Marathon Oil Corporation is set at 0.54, with the Price to Sales ratio for MRO stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 0.44, with the Price to Cash per share for the same quarter was set at 1.34. Price to Free Cash Flow for MRO in the course of the last twelve months was 1.50 with Quick ratio for the last quarter at 1.30.

MRO Stock Performance Analysis:

Marathon Oil Corporation [MRO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -21.71. With this latest performance, MRO shares gained by 17.02% in over the last four-week period, additionally sinking by -49.35% over the last 6 months – not to mention a drop of -49.15% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRO stock in for the last two-week period is set at 55.06, with the RSI for the last a single of trading hit 51.75, and the three-weeks RSI is set at 53.87 for Marathon Oil Corporation [MRO]. The present Moving Average for the last 50 days of trading for this stock 5.47, while it was recorded at 6.84 for the last single week of trading, and 9.55 for the last 200 days.

Insight into Marathon Oil Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Marathon Oil Corporation [MRO] shares currently have an operating margin of +10.53 and a Gross Margin at +23.70. Marathon Oil Corporation’s Net Margin is presently recorded at +9.48.

Return on Total Capital for MRO is now 3.00, given the latest momentum, and Return on Invested Capital for the company is 2.71. Return on Equity for this stock inclined to 3.95, with Return on Assets sitting at 2.31. When it comes to the capital structure of this company, Marathon Oil Corporation [MRO] has a Total Debt to Total Equity ratio set at 46.98. Additionally, MRO Total Debt to Total Capital is recorded at 31.96, with Total Debt to Total Assets ending up at 28.20. Long-Term Debt to Equity for the company is recorded at 46.14, with the Long-Term Debt to Total Capital now at 31.40.

Reflecting on the efficiency of the workforce at the company, Marathon Oil Corporation [MRO] managed to generate an average of $240,000 per employee. Receivables Turnover for the company is 4.60 with a Total Asset Turnover recorded at a value of 0.24.Marathon Oil Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

MRO Stock EPS

With the latest financial reports released by the company, Marathon Oil Corporation posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at 0.13/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 76.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MRO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marathon Oil Corporation go to 5.97%.

Marathon Oil Corporation [MRO] Insider Position Details

There are presently around $4,291 million, or 84.80% of MRO stock, in the hands of institutional investors. The top three institutional holders of MRO stocks are: VANGUARD GROUP INC with ownership of 94,388,568, which is approximately 0.113% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 93,076,775 shares of the stock with an approximate value of $612.45 million in MRO stocks shares; and INVESCO LTD., currently with $386.29 million in MRO stock with ownership of nearly 6.778% of the company’s market capitalization.

Positions in Marathon Oil Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 316 institutional holders increased their position in Marathon Oil Corporation [NYSE:MRO] by around 73,204,116 shares. Additionally, 289 investors decreased positions by around 94,536,564 shares, while 99 investors held positions by with 484,454,951 shares. The mentioned changes placed institutional holdings at 652,195,631 shares, according to the latest SEC report filing. MRO stock had 110 new institutional investments in for a total of 9,981,534 shares, while 103 institutional investors sold positions of 22,374,846 shares during the same period.

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