Exxon Mobil Corp. (NYSE:XOM) At $116.24: What To Do?

In last trading session, Exxon Mobil Corp. (NYSE:XOM) saw 25.46 million shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $116.24 trading at $0.21 or 0.18% at ring of the bell on the day assigns it a market valuation of $458.34B. That closing price of XOM’s stock is at a discount of -6.46% from its 52-week high price of $123.75 and is indicating a premium of 17.61% from its 52-week low price of $95.77. Taking a look at company’s average trading volume volume of 17.89 million if we extend that period to 3-months.

Exxon Mobil Corp. (NYSE:XOM) trade information

Upright in the green during last session for gaining 0.18%, in the last five days XOM remained trading in the red while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $116.24 price level, adding 3.29% to its value on the day. Exxon Mobil Corp.’s shares saw a change of 16.26% in year-to-date performance and have moved -4.20% in past 5-day. Exxon Mobil Corp. (NYSE:XOM) showed a performance of -2.56% in past 30-days.

Exxon Mobil Corp. (XOM) estimates and forecasts

Statistics highlight that Exxon Mobil Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 9.82% of value to its shares in past 6 months, showing an annual growth rate of 0.84% while that of industry is -1.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -1.30% from the last financial year’s standing.

8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 82.45B for the same. And 8 analysts are in estimates of company making revenue of 84.89B in the next quarter. Company posted 82.91B and 90.76B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 12.74% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -1.66% while estimates for its earnings growth in next 5 years are of -2.00%.

XOM Dividends

Exxon Mobil Corp. is more likely to be releasing its next quarterly report on April 26 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.