While Exxon Mobil Corp has underperformed by -2.50%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, XOM rose by 1.89%, with highs and lows ranging from $126.34 to $100.42, whereas the simple moving average fell by -7.40% in the last 200 days.
On December 16, 2024, TD Cowen Reiterated Exxon Mobil Corp (NYSE: XOM) to Buy. A report published by TD Cowen on November 19, 2024, Reiterated its previous ‘Buy’ rating for XOM. TD Cowen also reiterated XOM shares as ‘Buy’, quoting a target price of $127 on the company’s shares in a report dated November 04, 2024. BofA Securities Initiated an Neutral rating on October 17, 2024, and assigned a price target of $124. Scotiabank October 10, 2024d its ‘Sector Perform’ rating to ‘Sector Outperform’ for XOM, as published in its report on October 10, 2024. Exane BNP Paribas’s report from October 09, 2024 suggests a price prediction of $105 for XOM shares, giving the stock a ‘Underperform’ rating. Redburn Atlantic also rated the stock as ‘Neutral’.
Analysis of Exxon Mobil Corp (XOM)
Investors in Exxon Mobil Corp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $3.84 per share. Further, the quarter-over-quarter increase in sales is 0.52%, showing a positive trend in the upcoming months.
One of the most important indicators of Exxon Mobil Corp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 14.38% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.97, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and XOM is recording 15.63M average volume. On a monthly basis, the volatility of the stock is set at 1.96%, whereas on a weekly basis, it is put at 2.25%, with a loss of -1.68% over the past seven days. Furthermore, long-term investors anticipate a median target price of $129.00, showing growth from the present price of $106.83, which can serve as yet another indication of whether XOM is worth investing in or should be passed over.
How Do You Analyze Exxon Mobil Corp Shares?
The Oil & Gas Integrated market is dominated by Exxon Mobil Corp (XOM) based in the USA. When comparing Exxon Mobil Corp shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 13.62, there is a growth in quarterly earnings of -9.60%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.17%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 65.35% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
XOM shares are owned by institutional investors to the tune of 65.35% at present.
