Exxon Mobil Corporation (NYSE:XOM) shares traded lower over the last trading session, losing -1.62% on 05/21/20. The shares fell to a low of $44.39 before closing at $43.84. Intraday shares traded counted 5.37 million, which was 86.72% higher than its 30-day average trading volume of 40.43M. XOM’s previous close was $44.56 while the outstanding shares total 4.27B. The firm has a beta of 1.37, a 12-month trailing P/E ratio of 17.89, and a growth ratio of 1.63. The stock’s Relative Strength Index (RSI) is 52.00, with weekly volatility at 3.56% and ATR at 2.13. The XOM stock’s 52-week price range has touched low of $30.11 and a $77.93 high.
Investors have identified the Oil & Gas Integrated company Exxon Mobil Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $189.75 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Exxon Mobil Corporation (XOM) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 50249000000 million total, with 64773000000 million as their total liabilities.
XOM were able to record 329.0 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 8.32 billion. In cash movements, the company had a total of 6.27 billion as operating cash flow.
Potential earnings growth for Exxon Mobil Corporation (XOM)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Exxon Mobil Corporation recorded a total of 56.16 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -13.3% coming in sequential stages and their sales for the third quarter reducing by -19.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 47.21 billion trying to sell their products during the last quarter, with the result yielding a gross income of 8.95 billion. This allows shareholders to hold on to 4.27B with the revenue now reading -0.14 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.04 cents a share).
Having a look at the company’s valuation, the company is expected to record 2.25 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on XOM sounds very interesting.
Is the stock of XOM attractive?
In related news, Senior Vice President, Swiger Andrew P bought 30,000 shares of the company’s stock in a transaction that recorded on Mar 19. The purchase was performed at an average price of 33.80, for a total value of 1,014,000. As the purchase deal closes, the Vice President, Duffin Neil W now bought 30,000 shares of the company’s stock, valued at 1,092,180. Also, Director, WELDON WILLIAM C bought 4,591 shares of the company’s stock in a deal that was recorded on Mar 09. The shares were cost at an average price of 43.56 per share, with a total market value of 199,983. Following this completion of disposal, the Director, WELDON WILLIAM C now holds 4,180 shares of the company’s stock, valued at 201,016. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
3 out of 24 analysts covering the stock have rated it a Buy, while 17 have maintained a Hold recommendation on Exxon Mobil Corporation. 4 analysts has assigned a Sell rating on the XOM stock. The 12-month mean consensus price target for the company’s shares has been set at $47.27.