Exxon Mobil Corp. (NYSE:XOM) price on Wednesday, May 09, fall -0.02% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $116.15.
A look at the stock’s price movement, the close in the last trading session was $116.17. The PE ratio in trailing twelve months stood at 14.25. Turning to its 52-week performance, $123.75 and $95.77 were the 52-week high and 52-week low respectively. Overall, XOM moved -4.15% over the past month.
Exxon Mobil Corp.’s market cap currently stands at around $521.04 billion. The company has a Forward Dividend ratio of 3.72, with its dividend yield at 3.20%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 84.01B for the company’s revenue for the quarter, with a low and high estimate of 64.44B and 94.95B respectively. The average forecast suggests up to a 1.30% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 341.22B, representing a -1.00% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that XOM is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
The technical evaluation for the stock shows the PEG ratio is 4.75, with XOM’s current price about -2.43% and 1.09% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.79, while 7-day volatility ratio is 1.46% and 1.87% in the 30-day chart. Further, Exxon Mobil Corp. (XOM) has a beta value of 0.91, and an average true range (ATR) of 2.15.
If we refocus on Exxon Mobil Corp. (NYSE:XOM), historical trading data shows that trading volumes averaged 18.68 million over the past 3 months. The company’s latest data on shares outstanding shows there are 4.49 billion shares.
The 0.17% of Exxon Mobil Corp.’s shares are in the hands of company insiders while institutional holders own 55.50% of the company’s shares. Current price change has pushed the stock 16.17% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XOM stock continues to rise going into the next quarter.