Exxon Mobil Corporation (NYSE:XOM) shares traded higher over the last trading session, gaining 1.17% on 05/24/21. The shares fell to a low of $58.69 before closing at $59.61. Intraday shares traded counted 17.6 million, which was 37.93% higher than its 30-day average trading volume of 28.36M. XOM’s previous close was $58.92 while the outstanding shares total 4.23B. The firm has a beta of 1.40. The stock’s Relative Strength Index (RSI) is 52.33, with weekly volatility at 2.15% and ATR at 1.47. The XOM stock’s 52-week price range has touched low of $31.11 and a $64.02 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 $252.02 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 48.2 billion total, with 60.15 billion as their total liabilities.
XOM were able to record 6.86 billion as free cash flow during the 07/30/2021 quarter of the year, this saw their quarterly net cash flow reduce by -849.0 million. In cash movements, the company had a total of 9.26 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 07/30/2021 quarter of the year, Exxon Mobil Corporation recorded a total of 59.15 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 5.05% coming in sequential stages and their sales for the 07/30/2021 quarter increasing by 21.31%.
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 47.32 billion trying to sell their products during the last quarter, with the result yielding a gross income of 11.82 billion. This allows shareholders to hold on to 4.23B with the recently reported earning now reading 0.65 cents per share. This is a figure that compared to analyst’s prediction for their 07/30/2021 (0.65 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.19 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, Director, UBBEN JEFFREY W bought 177,000 shares of the company’s stock in a transaction that recorded on Mar 02. The purchase was performed at an average price of 56.26, for a total value of 9,958,020. As the purchase deal closes, the Director, Angelakis Michael J now bought 25,000 shares of the company’s stock, valued at 1,429,120. Also, Vice President, DuCharme Linda D sold 4,000 shares of the company’s stock in a deal that was recorded on Dec 16. The shares were cost at an average price of 43.50 per share, with a total market value of 174,000. Following this completion of disposal, the Vice President, Wojnar Theodore J Jr now holds 10,782 shares of the company’s stock, valued at 443,495. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
8 out of 28 analysts covering the stock have rated it a Buy, while 18 have maintained a Hold recommendation on Exxon Mobil Corporation. 1 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 $63.81.