Exxon Mobil Corp (NYSE:XOM) has been under scrutiny in recent market analyses, showing a blend of positive and negative trends. On Friday, the company's shares closed at $109.11, reflecting a rise of 3.28% with a trading volume of 24.97 million. Despite this uptick, the stock has traded red over the past five days.
The company's peak price in the past year was $120.70, marking a gain of 10.16% since its lowest price of $98.02 within the same period. Exxon Mobil is valued at $432.39B and has an average trading volume of 21.71 million shares over the past ten days.
Analysts have recommended XOM as Overweight with a mean rating of 2.04, estimating earnings per share for the current quarter at $2.24. The consensus price target stands at $127.87 with short interest at 57.57 million shares.
However, Exxon Mobil's performance against its industry peers shows underperformance with shares up by only 2.90% over the last six months and a year-to-date growth rate lower than industry average at -33.57%. The company's revenue is projected to shrink by -49.70% this quarter and -36.80% for the next one, with revenue forecasts of $83.76 billion and $82.26 billion respectively.
In terms of dividends and yields, Exxon Mobil offers a forward dividend ratio of 3.70 and share yield at 3.39%. The company's insiders hold 0.06% of total outstanding shares, while institutional holders own 60.72% of the shares.
Vanguard Group Inc., the major holder, holds over 388.24 million shares, followed by Blackrock (NYSE:BLK) Inc as the second major institutional holder. Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top mutual fund holders of XOM shares.
Exxon Mobil's annual earnings grew an estimated 23.41% for the past 5-year period, with projections for the next 5 years at 42.72% annually.
In InvestorsObserver's analysis, Exxon Mobil Corp scored 57, outdoing 57% of stocks, and holds a middle position in its industry group. It ranks 38th in the Oil & Gas Integrated industry, the 13th most attractive of 148 sectors. Despite the S&P 500 gaining 0.86%, XOM's stock fell by 1.83%. Over a year, the S&P increased by 17.07%, but XOM depreciated by 3.59%. The company's volume reached 7,192,952 shares, with a P/E ratio of 10.65 and earnings per share at $10.06.
InvestingPro Insights
Exxon Mobil Corp (NYSE:XOM), a prominent player in the Oil, Gas & Consumable Fuels industry, exhibits stability with its dividend policy. According to InvestingPro Tips, the company has maintained its dividend payments for 53 consecutive years, highlighting its commitment to shareholder value. Another noteworthy tip is the company's low price volatility, indicative of a more predictable investment environment.
InvestingPro's real-time data further enhances our understanding of Exxon Mobil's financial health. The company's market cap stands at a hefty 427.16B USD, reflective of its significant size and influence in the industry. With a P/E ratio of 10.69, it offers a relatively cheaper valuation compared to high-growth sectors. Lastly, Exxon Mobil's revenue for the last twelve months as of Q3 2023 was 344.75B USD, underscoring its substantial earning capacity despite industry challenges.
These insights, along with hundreds more, are available on InvestingPro, providing investors with a comprehensive tool for informed decision-making.
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