Stocks of Exxon Mobil Corp. (NYSE:XOM) traded higher last session on Wall Street, up 1.27% to $114.86.
XOM stock price is now -2.31% away from the 50-day moving average and 5.29% away from the 200-day moving average. The market capitalization of the company currently stands at $515.25B.
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On April 30, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $128 to quote $135, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Talley Darrin L, Vice President sold 2,426 shares of the company’s stock on Apr 29 ’24. The stock was sold for $288,730 at an average price of $119.01. Upon completion of the transaction, the Vice President now directly owns 25,363 shares in the company, valued at $2.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 19 ’24, Vice President Talley Darrin L sold 2,400 shares of the business’s stock. A total of $271,980 was realized by selling the stock at an average price of $113.33. This leaves the insider owning 27,789 shares of the company worth $3.19 million. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Exxon Mobil Corp. has had a low of $95.77 and a high of $123.75. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 1.38, and a quick ratio of 1.06. According to the stock market information, the enterprise value for the company is $467815759872, which is based on a 14.09 price-to-earnings ratio, a 2.14 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for XOM is $117.5722 and a two-hundred day moving average price translates $109.08975 for the stock.
The latest earnings results from Exxon Mobil Corp. (NYSE: XOM) was released for 2024-03-31. The net profit margin was 9.88% and return on equity was 16.24% for XOM. The company reported revenue of $83.08 billion for the quarter, compared to $86.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.02 percent.
