Exxon Mobil Co. (NYSE:XOM - Get Free Report) shares were down 0.7% during mid-day trading on Tuesday . The stock traded as low as $109.02 and last traded at $109.36. Approximately 3,100,824 shares were traded during trading, a decline of 79% from the average daily volume of 14,558,754 shares. The stock had previously closed at $110.17.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on the stock. Barclays dropped their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating on the stock in a research report on Thursday, October 3rd. Wolfe Research boosted their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Bank of America initiated coverage on Exxon Mobil in a research report on Thursday, October 17th. They issued a "neutral" rating and a $124.00 target price on the stock. TD Cowen lowered their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research note on Monday, December 16th. Finally, Morgan Stanley increased their price objective on Exxon Mobil from $139.00 to $140.00 in a research note on Friday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus target price of $129.30.
Check Out Our Latest Stock Analysis on XOM
Exxon Mobil Price Performance
The stock has a market cap of $467.95 billion, a PE ratio of 13.26, a PEG ratio of 2.84 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock's 50-day moving average is $110.66 and its two-hundred day moving average is $115.29.
Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. During the same period in the previous year, the firm earned $2.48 EPS. On average, equities analysts predict that Exxon Mobil Co. will post 7.74 earnings per share for the current year.
Hedge Funds Weigh In On Exxon Mobil
Institutional investors have recently modified their holdings of the business. Kentucky Retirement Systems Insurance Trust Fund lifted its stake in Exxon Mobil by 17.6% in the fourth quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 154,702 shares of the oil and gas company's stock worth $15,656,000 after acquiring an additional 23,161 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Exxon Mobil by 11.8% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 23,220 shares of the oil and gas company's stock valued at $2,498,000 after purchasing an additional 2,459 shares in the last quarter. Valley Wealth Managers Inc. lifted its position in shares of Exxon Mobil by 16.3% during the 4th quarter. Valley Wealth Managers Inc. now owns 40,721 shares of the oil and gas company's stock worth $4,380,000 after purchasing an additional 5,699 shares during the last quarter. Cardinal Capital Management grew its stake in shares of Exxon Mobil by 0.8% during the fourth quarter. Cardinal Capital Management now owns 112,659 shares of the oil and gas company's stock worth $12,119,000 after purchasing an additional 913 shares in the last quarter. Finally, Davidson Trust Co. increased its holdings in Exxon Mobil by 1.2% in the fourth quarter. Davidson Trust Co. now owns 35,744 shares of the oil and gas company's stock valued at $3,845,000 after buying an additional 438 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.
About Exxon Mobil
(
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Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.
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