Exxon Mobil Corporation [XOM] gain 42.31% so far this year. What now?


Exxon Mobil Corporation [NYSE: XOM] closed the trading session at $87.08 on 07/22/22. The day’s price range saw the stock hit a low of $86.63, while the highest price level was $88.47. The company report on June 29, 2022 that Permian Highway Pipeline Announces Final Investment Decision for Expansion Project.

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Providing near-term Permian takeaway solution.

Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity.

The stocks have a year to date performance of 42.31 percent and weekly performance of 3.00 percent. The stock has been moved at 18.85 percent over the last six months. The stock has performed -0.89 percent around the most recent 30 days and changed 0.06 percent over the most recent 3-months.

If compared to the average trading volume of 29.40M shares, XOM reached to a volume of 15461337 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 Exxon Mobil Corporation [XOM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XOM shares is $102.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XOM stock is a recommendation set at 2.50. 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.

Piper Sandler have made an estimate for Exxon Mobil Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on July 19, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price from $115 to $125. The new note on the price target was released on June 21, 2022, representing the official price target for Exxon Mobil Corporation stock. Previously, the target price had yet another raise from $88 to $120, while Evercore ISI kept a Outperform rating on XOM stock. On April 21, 2022, analysts increased their price target for XOM shares from 90 to 100.

The Average True Range (ATR) for Exxon Mobil Corporation is set at 3.40, with the Price to Sales ratio for XOM stock in the period of the last 12 months amounting to 1.18. The Price to Book ratio for the last quarter was 2.20, with the Price to Cash per share for the same quarter was set at 2.67. Price to Free Cash Flow for XOM in the course of the last twelve months was 14.37 with Quick ratio for the last quarter at 0.80.

XOM stock trade performance evaluation

Exxon Mobil Corporation [XOM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.00. With this latest performance, XOM shares dropped by -0.89% in over the last four-week period, additionally plugging by 18.85% over the last 6 months – not to mention a rise of 52.48% 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 XOM stock in for the last two-week period is set at 47.97, with the RSI for the last a single of trading hit 49.73, and the three-weeks RSI is set at 47.85 for Exxon Mobil Corporation [XOM]. The present Moving Average for the last 50 days of trading for this stock 91.13, while it was recorded at 87.69 for the last single week of trading, and 77.58 for the last 200 days.

Exxon Mobil Corporation [XOM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Exxon Mobil Corporation [XOM] shares currently have an operating margin of +9.91 and a Gross Margin at +24.10. Exxon Mobil Corporation’s Net Margin is presently recorded at +8.21.

Return on Equity for this stock inclined to 14.15, with Return on Assets sitting at 6.86.

Exxon Mobil Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.10.

Earnings per share (EPS) analysis for Exxon Mobil Corporation [XOM] stock

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 XOM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Exxon Mobil Corporation go to 23.92%.

Exxon Mobil Corporation [XOM]: Insider Ownership positions

There are presently around $205,895 million, or 57.00% of XOM stock, in the hands of institutional investors. The top three institutional holders of XOM stocks are: VANGUARD GROUP INC with ownership of 364,432,696, which is approximately 2.482% of the company’s market cap and around 0.07% of the total institutional ownership; BLACKROCK INC., holding 275,079,344 shares of the stock with an approximate value of $23.95 billion in XOM stocks shares; and STATE STREET CORP, currently with $21.87 billion in XOM stock with ownership of nearly -0.812% of the company’s market capitalization.

Positions in Exxon Mobil Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,515 institutional holders increased their position in Exxon Mobil Corporation [NYSE:XOM] by around 175,726,844 shares. Additionally, 1,432 investors decreased positions by around 95,159,874 shares, while 313 investors held positions by with 2,093,551,048 shares. The mentioned changes placed institutional holdings at 2,364,437,766 shares, according to the latest SEC report filing. XOM stock had 238 new institutional investments in for a total of 13,014,159 shares, while 100 institutional investors sold positions of 9,979,377 shares during the same period.