Shares of Exxon Mobil Co. (NYSE:XOM) have been assigned a consensus rating of “Hold” from the twenty-three ratings firms that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $84.31.
A number of analysts have issued reports on the company. Macquarie reissued a “sell” rating and issued a $70.00 price target on shares of Exxon Mobil in a research note on Friday, October 19th. Jefferies Financial Group set a $87.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a research note on Friday, October 19th. Credit Suisse Group reissued a “neutral” rating and issued a $80.00 price target on shares of Exxon Mobil in a research note on Tuesday, October 2nd. HSBC reissued a “buy” rating and issued a $96.00 price target on shares of Exxon Mobil in a research note on Wednesday, October 17th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Exxon Mobil in a research note on Tuesday, October 30th.
In related news, VP Robert N. Schleckser sold 7,855 shares of the firm’s stock in a transaction dated Friday, November 30th. The stock was sold at an average price of $78.91, for a total transaction of $619,838.05. Following the sale, the vice president now directly owns 207,940 shares in the company, valued at approximately $16,408,545.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Bradley W. Corson sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, December 19th. The shares were sold at an average price of $72.84, for a total value of $1,092,600.00. Following the sale, the vice president now owns 223,461 shares in the company, valued at $16,276,899.24. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 58,587 shares of company stock worth $4,507,808. Company insiders own 0.08% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the business. Berkshire Asset Management LLC PA grew its position in shares of Exxon Mobil by 8.3% in the 3rd quarter. Berkshire Asset Management LLC PA now owns 366,633 shares of the oil and gas company’s stock worth $31,171,000 after acquiring an additional 28,102 shares in the last quarter. Kornitzer Capital Management Inc. KS boosted its position in Exxon Mobil by 2.4% during the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 719,002 shares of the oil and gas company’s stock valued at $59,483,000 after purchasing an additional 16,794 shares during the period. Barings LLC boosted its position in Exxon Mobil by 18.8% during the 2nd quarter. Barings LLC now owns 196,145 shares of the oil and gas company’s stock valued at $16,227,000 after purchasing an additional 31,109 shares during the period. Delaney Dennis R boosted its position in Exxon Mobil by 3.9% during the 3rd quarter. Delaney Dennis R now owns 25,194 shares of the oil and gas company’s stock valued at $2,144,000 after purchasing an additional 950 shares during the period. Finally, First Command Bank boosted its position in Exxon Mobil by 96.0% during the 2nd quarter. First Command Bank now owns 187,962 shares of the oil and gas company’s stock valued at $15,550,000 after purchasing an additional 92,058 shares during the period. Institutional investors own 53.08% of the company’s stock.
Shares of XOM traded up $0.28 during trading hours on Friday, reaching $71.79. 346,084 shares of the company traded hands, compared to its average volume of 11,362,195. The company has a quick ratio of 0.54, a current ratio of 0.83 and a debt-to-equity ratio of 0.10. The firm has a market cap of $304.72 billion, a P/E ratio of 19.99, a PEG ratio of 1.55 and a beta of 0.92. Exxon Mobil has a fifty-two week low of $64.65 and a fifty-two week high of $89.25.
Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 2nd. The oil and gas company reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.25. Exxon Mobil had a return on equity of 9.53% and a net margin of 8.15%. The business had revenue of $76.61 billion for the quarter, compared to analyst estimates of $72.91 billion. During the same quarter last year, the company earned $0.93 earnings per share. The business’s revenue for the quarter was up 25.4% compared to the same quarter last year. As a group, equities analysts expect that Exxon Mobil will post 4.42 EPS for the current fiscal year.
Exxon Mobil Company Profile
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; produces transportation fuels, such as marine gasoil and diesel; and transports and sells crude oil, natural gas, and petroleum products.
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