Exxon Mobil Corporation (NYSE:XOM) traded at $112.44 at last check on Tuesday, November 22, made an upward move of 1.33% on its previous day’s price.
Looking at the stock we see that its previous close was $110.97 and the beta (5Y monthly) reads 1.05 with the day’s price range being $107.48 – $111.2041. The company has a trailing 12-month PE ratio of 9.05. In terms of its 52-week price range, XOM has a high of $114.66 and a low of $57.96. The company’s stock has gained about 4.83% over that past 30 days.
Exxon Mobil Corporation has a market cap of $460.97 billion and is expected to release its quarterly earnings report on Jan 30, 2023 – Feb 03, 2023. With its Forward Dividend at 3.64 and a yield of 3.28%, the company’s investors could be anxious for the XOM stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $3.79, with the EPS growth for the year raised at $12.93 for 2022 and $10.87 for next year. These figures represent 140.30% and -15.90% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $115.6 billion, with a low of $88.12 billion and a high of $159.76 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $453.78 billion, or 58.90% up from figures reported last year.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the XOM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 26 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 12 have rated the Exxon Mobil Corporation (XOM) stock as a Hold, while 12 rate it as a Buy. 2 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the XOM stock currently stands at 0.35, and the most recent price level today is 1.10% off its SMA20 and 10.23% from its 50-day simple moving average. The RSI (14) is pointing at 59.03 while the volatility over the past week is 2.38% and jumps to 2.41% over the past one month. The beta value is 1.13, while the average true range (ATR) is currently pointing at 2.98. The average price target for the stock over the next 12 months is $119.45, with the estimates having a low of $100.00 and a high of $138.00. These price ends are 11.06% and -22.73% off the today’s price level respectively, although investors could be excited at the prospect of a -6.72% if the XOM share price touches on the median price of $120.00.
Let’s briefly compare Exxon Mobil Corporation (XOM) stock to its peers. We find that today’s price change of 1.33% and 82.91% over the past 12 months for XOM. Another of its peers Chevron Corporation (CVX) has gained 2.27% today, and was 61.95% up over the past year, while Shell plc (SHEL) is also up 3.25% yet, while its price remains in the green at 26.57% over the same period. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.72% and 0.82%, respectively, in early deals.
Coming back to Exxon Mobil Corporation (NYSE:XOM), we note that the average 3-month trading volume was 19.39 million, while that of the preceding 10-day period stands at 17.75 million. Current shares outstanding are 4.18 billion.
The insiders hold 0.07% of the company’s shares while institutions hold 59.90%. The data shows that short shares as of Oct 13, 2022, stood at 41.54 million at a short ratio of 1.95. This represents a 1.00% short interest in shares outstanding on Oct 13, 2022. Shares short rose in October from the previous month at 38.97 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 81.35% up in year-to-date price movement.