Following A -0.26% Weekly Decline, Is It Still A Buy For Exxon Mobil Corp. (NYSE: XOM)?

Exxon Mobil Corp. (NYSE:XOM)’s traded shares stood at 2.47 million during the latest session, with the company’s beta value hitting 0.89. At the last check today, the stock’s price was $113.08, to imply a decrease of -0.15% or -$0.17 in intraday trading. The XOM share’s 52-week high remains $123.75, putting it -9.44% down since that peak but still an impressive 15.31% since price per share fell to its 52-week low of $95.77. The company has a valuation of $507.27B, with an average of 17.52 million shares over the past 3 months.

Exxon Mobil Corp. (NYSE:XOM) trade information

After registering a -0.15% downside in the latest session, Exxon Mobil Corp. (XOM) has traded red over the past five days. The stock hit a weekly high of 114.15, dropping -0.15% in its intraday price action. The 5-day price performance for the stock is -0.26%, and 0.81% over 30 days. With these gigs, the year-to-date price performance is 13.10%.

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Exxon Mobil Corp. (XOM) estimates and forecasts

Looking at statistics comparing Exxon Mobil Corp. share performance against respective industry, we note that the company has outperformed competitors. Exxon Mobil Corp. (XOM) shares are 14.58% up over the last 6 months, with its year-to-date growth rate higher than industry average at -5.25% against -5.40%. The rating firms project that company’s revenue will grow 3.30% compared to the previous financial year.

Revenue forecast for the current quarter as set by 9 analysts is 91.38B. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 93.44B.Earnings reports from the last fiscal year show that sales brought in 82.91B and 90.76B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.20% before jumping 3.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 12.74% for the past 5-year period. While 2024 is set for a -6.66% return in earnings, projections for the next 5 years are at 6.60% annually.

XOM Dividends

Exxon Mobil Corp. has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Exxon Mobil Corp. has a forward dividend ratio of 3.76, with the share yield ticking at 3.33% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.