Exxon Mobil Corp. [NYSE: XOM] slipped around -0.42 points on Friday, while shares priced at $101.97 at the close of the session, down -0.41%. The company report on February 2, 2024 at 6:30 AM that ExxonMobil Announces 2023 Results.
Delivered industry-leading 2023 earnings of $36.0 billion1, generated $55.4 billion of cash flow from operating activities and distributed $32.4 billion to shareholders.
Leading industry in compounded annual growth rate for earnings excl. identified items and cash flow since 2019 2.
Compared to the average trading volume of 20.82M shares, XOM reached a trading volume of 21925736 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Exxon Mobil Corp. [XOM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XOM shares is $123.89 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 1.96. 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.
TD Cowen have made an estimate for Exxon Mobil Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 23, 2024.
The Average True Range (ATR) for Exxon Mobil Corp. is set at 1.94, with the Price to Sales ratio for XOM stock in the period of the last 12 months amounting to 1.22. The Price to Book ratio for the last quarter was 2.03, with the Price to Cash per share for the same quarter was set at 7.90. Price to Free Cash Flow for XOM in the course of the last twelve months was 12.18 with Quick ratio for the last quarter at 1.09.
How has XOM stock performed recently?
Exxon Mobil Corp. [XOM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.00. With this latest performance, XOM shares dropped by -1.21% in over the last four-week period, additionally sinking by -4.81% over the last 6 months – not to mention a drop of -11.13% 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 53.54, with the RSI for the last a single of trading hit 54.94, and the three-weeks RSI is set at 51.59 for Exxon Mobil Corp. [XOM]. The present Moving Average for the last 50 days of trading for this stock 101.06, while it was recorded at 103.03 for the last single week of trading, and 106.68 for the last 200 days.
Exxon Mobil Corp. [XOM]: Deeper insight into the fundamentals
Exxon Mobil Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.09 and a Current Ratio set at 1.48.
Earnings analysis for Exxon Mobil Corp. [XOM]
With the latest financial reports released by the company, Exxon Mobil Corp. posted 3.4/share EPS, while the average EPS was predicted by analysts to be reported at 3.29/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.30%. 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 Corp. go to -10.74%.
Insider trade positions for Exxon Mobil Corp. [XOM]
The top three institutional holders of XOM stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in XOM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in XOM stock with ownership which is approximately 5.8325%.