By otakuyassine3@gmail.com 
Exxon Mobil (NYSE:XOM – Free Report) had its price target trimmed by The Goldman Sachs Group from $125.00 to $123.00 in a report published on Friday. The brokerage currently has a neutral rating on the oil and gas company’s stock.
Several other equities research analysts have also issued reports on the stock. TD Cowen lowered their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. Morgan Stanley dropped their target price on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a report on Thursday, December 12th. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price objective for the company. Finally, Barclays reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $129.30.
Read Our Latest Stock Report on XOM
Exxon Mobil Stock Performance
Exxon Mobil stock opened at $106.82 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil has a twelve month low of $100.42 and a twelve month high of $126.34. The company’s 50-day moving average price is $110.66 and its 200-day moving average price is $115.29. The company has a market cap of $469.48 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate 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 prior year, the company posted $2.48 EPS. On average, equities research analysts forecast that Exxon Mobil will post 7.74 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Czech National Bank boosted its position in shares of Exxon Mobil by 5.9% in the 3rd quarter. Czech National Bank now owns 905,051 shares of the oil and gas company’s stock worth $106,090,000 after purchasing an additional 50,214 shares in the last quarter. VERITY Wealth Advisors grew its stake in shares of Exxon Mobil by 64.7% during the third quarter. VERITY Wealth Advisors now owns 13,081 shares of the oil and gas company’s stock worth $1,533,000 after acquiring an additional 5,141 shares during the last quarter. Johnson & White Wealth Management LLC increased its holdings in shares of Exxon Mobil by 3.7% during the third quarter. Johnson & White Wealth Management LLC now owns 11,522 shares of the oil and gas company’s stock valued at $1,351,000 after acquiring an additional 412 shares in the last quarter. Delta Financial Group Inc. raised its position in shares of Exxon Mobil by 0.7% in the 3rd quarter. Delta Financial Group Inc. now owns 55,684 shares of the oil and gas company’s stock valued at $6,527,000 after purchasing an additional 367 shares during the last quarter. Finally, Apella Capital LLC boosted its stake in Exxon Mobil by 16.7% in the 3rd quarter. Apella Capital LLC now owns 19,459 shares of the oil and gas company’s stock worth $2,365,000 after purchasing an additional 2,787 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Company Profile
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.
Further Reading
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