Stock Price Performance And Outlook Of Exxon Mobil Corp.

In the last trading session, 10.12 million Exxon Mobil Corp. (NYSE:XOM) shares changed hands as the company’s beta touched 0.88. With the company’s per share price at $120.08 changed hands at $0.07 or 0.06% during last session, the market valuation stood at $533.50B. XOM’s last price was a discount, traded about -5.21% off its 52-week high of $126.34. The share price had its 52-week low at $95.77, which suggests the last value was 20.24% up since then. When we look at Exxon Mobil Corp.’s average trading volume, we note the 10-day average is 11.27 million shares, with the 3-month average coming to 14.14 million.

Analysts gave the Exxon Mobil Corp. (XOM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 26 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 8 recommended XOM as a Hold, 18 felt it is a Buy and 0 rated the stock as Underweight.

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Exxon Mobil Corp. (NYSE:XOM) trade information

Instantly XOM was in green as seen at the end of in last trading. With action -3.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 20.10%, with the 5-day performance at -3.22% in the red. However, in the 30-day time frame, Exxon Mobil Corp. (NYSE:XOM) is 4.17% up. Looking at the short shares, we see there were 38.84 million shares sold at short interest cover period of 2.44 days.

The consensus price target for the stock as assigned by Wall Street analysts is 124, meaning bulls need an upside of 3.16% from its current market value. According to analyst projections, XOM’s forecast low is 60 with 154 as the target high. To hit the forecast high, the stock’s price needs a -28.25% plunge from its current level, while the stock would need to tank 50.03% for it to hit the projected low.

Exxon Mobil Corp. (XOM) estimates and forecasts

Data shows that the Exxon Mobil Corp. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -0.40% over the past 6 months, a -15.44% in annual growth rate that is considerably lower than the industry average of -7.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 12.74%. The 2024 estimates are for Exxon Mobil Corp. earnings to decrease by -15.93%, but the outlook for the next 5-year period is at 6.00% per year.

XOM Dividends

Exxon Mobil Corp. is expected to release its next quarterly earnings report in November. The 3.16% annual yield figure for the share gives it an annual dividend of 3.80. It is important to note, however, that the 3.16% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 5.06 per year.

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

If we look at who the major shareholders are, we find that insiders hold 0.05% of Exxon Mobil Corp. shares while 64.56% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 64.59%. There are 64.56% institutions holding the Exxon Mobil Corp. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.8316% of the shares, roughly 433.05 million XOM shares worth $49.85 billion.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.5889% or 303.41 million shares worth $34.93 billion as of 2024-06-30.