Exxon Mobil Corporation (NYSE:XOM) has a beta value of 1.4 and has seen 15,008,615 shares traded in the recent trading session. The company, currently valued at $203.78 Billion, closed the recent trade at $48.21 per share which meant it gained $0.33 on the day or 0.68% during that session. The XOM stock price is -44.35% off its 52-week high price of $69.59 and 37.54% above the 52-week low of $30.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 34.52 Million shares traded. The 3-month trading volume is 31.04 Million shares.
The consensus among analysts is that Exxon Mobil Corporation (XOM) is a Hold stock at the moment, with a recommendation rating of 2.9. 3 analysts rate the stock as a Sell, while none rate it as Overweight. 15 out of 27 have rated it as a Hold, with 9 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
Exxon Mobil Corporation (NYSE:XOM) trade information
Sporting 0.68% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Jan 13 when the XOM stock price touched $48.63- or saw a rise of 0.81%. Year-to-date, Exxon Mobil Corporation shares have moved 17.01%, while the 5-day performance has seen it change 8.11%. Over the past 30 days, the shares of Exxon Mobil Corporation (NYSE:XOM) have changed 10.11%. Short interest in the company has seen 44.06 Million shares shorted with days to cover at 1.42.
Wall Street analysts have a consensus price target for the stock at $50.34, which means that the shares’ value could jump 4.42% from current levels. The projected low price target is $36 while the price target rests at a high of $79. In that case, then, we find that the latest price level in today’s session is +63.87% off the targeted high while a plunge would see the stock lose -25.33% from current levels.
Exxon Mobil Corporation (XOM) estimates and forecasts
Figures show that Exxon Mobil Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained +8.65% over the past 6 months, with this year growth rate of -114.22%, compared to -26.8% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -100% and -52.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be -31.9%.
6 analysts offering their estimates for the company have set an average revenue estimate of $48.19 Billion for the current quarter. 6 have an estimated revenue figure of $52.41 Billion for the next quarter concluding in March 01, 2021. Year-ago sales stood $67.17 Billion and $56.16 Billion respectively for this quarter and the next, and analysts expect sales will grow by -28.3% for the current quarter and -6.7% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -16% over the past 5 years. Earnings growth for 2021 is a modest -33.8% while over the next 5 years, the company’s earnings are expected to increase by 12.17%.
Exxon Mobil Corporation is expected to release its next earnings report between February 02 and February 02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 3.48 at a share yield of 7.27%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.8%.
Exxon Mobil Corporation (NYSE:XOM)’s Major holders
Insiders own 0.09% of the company shares, while shares held by institutions stand at 52.2% with a share float percentage of 52.25%. Investors are also buoyed by the number of investors in a company, with Exxon Mobil Corporation having a total of 2819 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 356.28 Million shares worth more than $12.23 Billion. As of September 29, 2020, Vanguard Group, Inc. (The) held 8.43% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 283.71 Million shares as of September 29, 2020. The firm’s total holdings are worth over $9.74 Billion and represent 6.71% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of September 29, 2020, the former fund manager holds about 2.82% shares in the company for having 119000000 shares of worth $4.09 Billion while later fund manager owns 86.74 Million shares of worth $2.98 Billion as of September 29, 2020, which makes it owner of about 2.05% of company’s outstanding stock.
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