Marathon Petroleum Corporation [NYSE: MPC] closed the trading session at $43.94 on 01/27/21. The day’s price range saw the stock hit a low of $43.18, while the highest price level was $45.51. The company report on January 27, 2021 that Marathon Petroleum Corp. to announce 2020 fourth-quarter and full-year financial results Feb. 2; conference call rescheduled to 11 a.m. EST.
Marathon Petroleum Corp. (NYSE: MPC) has adjusted the time of its conference call with analysts on Tuesday, Feb. 2, 2021, to begin at 11 a.m. EST. During the call, MPC executives will discuss 2020 fourth-quarter and full-year financial results, which will be released earlier that day, and provide an update on company operations.
Interested parties may listen to the conference call by visiting MPC’s website at www.marathonpetroleum.com. A replay of the webcast will be available on the company’s website for two weeks. Financial information, including the earnings release and other investor-related material, will also be available online prior to the conference call and webcast at www.marathonpetroleum.com.
The stocks have a year to date performance of 6.24 percent and weekly performance of -4.83 percent. The stock has been moved at 15.27 percent over the last six months. The stock has performed 6.62 percent around the most recent 30 days and changed 53.64 percent over the most recent 3-months.
If compared to the average trading volume of 6.96M shares, MPC reached to a volume of 8824477 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Marathon Petroleum Corporation [MPC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MPC shares is $52.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MPC stock is a recommendation set at 1.90. 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.
UBS have made an estimate for Marathon Petroleum Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 26, 2021. The new note on the price target was released on January 21, 2021, representing the official price target for Marathon Petroleum Corporation stock. Previously, the target price had yet another raise to $32, while Tudor Pickering analysts kept a Hold rating on MPC stock. On August 12, 2020, analysts increased their price target for MPC shares from 37 to 43.
The Average True Range (ATR) for Marathon Petroleum Corporation is set at 1.82, with the Price to Sales ratio for MPC stock in the period of the last 12 months amounting to 0.35. The Price to Book ratio for the last quarter was 1.27, with the Price to Cash per share for the same quarter was set at 0.96.
MPC stock trade performance evaluation
Marathon Petroleum Corporation [MPC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.83. With this latest performance, MPC shares gained by 6.62% in over the last four-week period, additionally plugging by 15.27% over the last 6 months – not to mention a drop of -16.98% 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 MPC stock in for the last two-week period is set at 51.84, with the RSI for the last a single of trading hit 47.23, and the three-weeks RSI is set at 54.13 for Marathon Petroleum Corporation [MPC]. The present Moving Average for the last 50 days of trading for this stock 42.10, while it was recorded at 45.29 for the last single week of trading, and 35.71 for the last 200 days.
Marathon Petroleum Corporation [MPC]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Marathon Petroleum Corporation [MPC] shares currently have an operating margin of +5.15 and a Gross Margin at +7.76. Marathon Petroleum Corporation’s Net Margin is presently recorded at +2.14.
Return on Total Capital for MPC is now 8.64, given the latest momentum, and Return on Invested Capital for the company is 4.19. Return on Equity for this stock inclined to 7.66, with Return on Assets sitting at 2.75. When it comes to the capital structure of this company, Marathon Petroleum Corporation [MPC] has a Total Debt to Total Equity ratio set at 92.95. Additionally, MPC Total Debt to Total Capital is recorded at 48.17, with Total Debt to Total Assets ending up at 31.78. Long-Term Debt to Equity for the company is recorded at 89.04, with the Long-Term Debt to Total Capital now at 46.15.
Reflecting on the efficiency of the workforce at the company, Marathon Petroleum Corporation [MPC] managed to generate an average of $43,277 per employee. Receivables Turnover for the company is 17.98 with a Total Asset Turnover recorded at a value of 1.29.Marathon Petroleum Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for Marathon Petroleum Corporation [MPC] stock
With the latest financial reports released by the company, Marathon Petroleum Corporation posted 1.56/share EPS, while the average EPS was predicted by analysts to be reported at 0.86/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 81.40%. 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 MPC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Marathon Petroleum Corporation go to -6.51%.
Marathon Petroleum Corporation [MPC]: Insider Ownership positions
There are presently around $21,083 million, or 76.00% of MPC stock, in the hands of institutional investors. The top three institutional holders of MPC stocks are: BLACKROCK INC. with ownership of 73,341,756, which is approximately 4.924% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 64,717,769 shares of the stock with an approximate value of $2.84 billion in MPC stocks shares; and STATE STREET CORP, currently with $1.65 billion in MPC stock with ownership of nearly 2.15% of the company’s market capitalization.
Positions in Marathon Petroleum Corporation stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 323 institutional holders increased their position in Marathon Petroleum Corporation [NYSE:MPC] by around 46,811,433 shares. Additionally, 529 investors decreased positions by around 40,272,169 shares, while 133 investors held positions by with 392,735,678 shares. The mentioned changes placed institutional holdings at 479,819,280 shares, according to the latest SEC report filing. MPC stock had 75 new institutional investments in for a total of 5,755,071 shares, while 139 institutional investors sold positions of 6,802,972 shares during the same period.