Exxon Mobil Corp. (NYSE:XOM) Could Actually Go To 154 In 12 Months

In last trading session, Exxon Mobil Corp. (NYSE:XOM) saw 12.73 million shares changing hands with its beta currently measuring 0.88. Company’s recent per share price level of $120.01 trading at -$0.34 or -0.28% at ring of the bell on the day assigns it a market valuation of $533.18B. That closing price of XOM’s stock is at a discount of -5.27% from its 52-week high price of $126.34 and is indicating a premium of 20.2% from its 52-week low price of $95.77. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.52 million shares which gives us an average trading volume of 14.14 million if we extend that period to 3-months.

For Exxon Mobil Corp. (XOM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 26 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 18 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.9 in the current quarter.

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Exxon Mobil Corp. (NYSE:XOM) trade information

Upright in the red during last session for losing -0.28%, in the last five days XOM remained trading in the red while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $120.01 price level, adding 3.42% to its value on the day. Exxon Mobil Corp.’s shares saw a change of 20.03% in year-to-date performance and have moved -2.91% in past 5-day. Exxon Mobil Corp. (NYSE:XOM) showed a performance of 3.46% in past 30-days. Number of shares sold short was 38.84 million shares which calculate 2.44 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 124 to the stock, which implies a rise of 3.22% to its current value. Analysts have been projecting 60 as a low price target for the stock while placing it at a high target of 154. It follows that stock’s current price would jump 50.0% in reaching the projected high whereas dropping to the targeted low would mean a gain of 50.0% for stock’s current value.

Exxon Mobil Corp. (XOM) estimates and forecasts

Statistics highlight that Exxon Mobil Corp. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 0.11% of value to its shares in past 6 months, showing an annual growth rate of -15.23% while that of industry is -7.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 0.80% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 94.5B for the same. And 9 analysts are in estimates of company making revenue of 88.62B in the next quarter. Company posted 90.76B and 84.34B 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 -16.02% while estimates for its earnings growth in next 5 years are of 6.00%.

XOM Dividends

Exxon Mobil Corp. is more likely to be releasing its next quarterly report on 2024-Nov-01 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. With an annual yield of 3.17%, the share has a forward dividend of 3.80 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.06%.

Exxon Mobil Corp. (NYSE:XOM)’s Major holders

Insiders are in possession of 0.05% of company’s total shares while institution are holding 64.66 percent of that, with stock having share float percentage of 64.69%. Investors also watch the number of corporate investors in a company very closely, which is 64.66% institutions for Exxon Mobil Corp. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at XOM for having 433.05 million shares of worth $49.85 billion. And as of 2024-06-30, it was holding 10.8316 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 303.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5889 of outstanding shares, having a total worth of $34.93 billion.