In yesterday’s Wall Street session, Exxon Mobil Corp. (NYSE:XOM) shares traded at $112.71, up 1.40% from the previous session.
XOM stock price is now -2.47% away from the 50-day moving average and 1.69% away from the 200-day moving average. The market capitalization of the company currently stands at $500.75B.
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On June 07, 2024, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $146 to quote $124, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Dreyfus Maria S., Director bought 18,310 shares of the company’s stock on Jun 17 ’24. The stock was bought for $2,000,386 at an average price of $109.25. Upon completion of the transaction, the Director now directly owns 35,757 shares in the company, valued at $4.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 29 ’24, Vice President Talley Darrin L sold 2,426 shares of the business’s stock. A total of $288,730 was realized by selling the stock at an average price of $119.01. This leaves the insider owning 25,363 shares of the company worth $2.86 million. A total of 0.15% 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 0.16, a current ratio of 1.36, and a quick ratio of 1.01. According to the stock market information, the enterprise value for the company is $525337985024, which is based on a 13.49 price-to-earnings ratio, a 2.60 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for XOM is $115.5518 and a two-hundred day moving average price translates $110.87625 for the stock.
The latest earnings results from Exxon Mobil Corp. (NYSE: XOM) was released for 2024-06-30. The net profit margin was 10.00% and return on equity was 14.62% for XOM. The company reported revenue of $93.06 billion for the quarter, compared to $82.91 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.24 percent.
