Exxon Mobil Corporation (NYSE:XOM) Earns Average Broker Rating Of Hold

Mar 12, 2017, 01:07
Exxon Mobil Corporation (NYSE:XOM) Earns Average Broker Rating Of Hold

$167.02 million flowed into the stock on the tick-up and $268.42 million flowed out of the stock on the tick-down, for a money net flow of $101.40 million out of the stock.

US based company, Exxon Mobil Corporation (XOM)'s latest closing price distance was -5.18% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -3.17% and -0.56% compared with the 20 Day Moving Average.

Exxon Mobil Corporation (NYSE:XOM) plunged -1.81% with the closing price of $81.03.

Shares in oil major BP have risen today as speculation reemerges about takeover interest from Exxon Mobil, the world's largest listed oil company. HSBC Holdings plc set a $85.00 price target on Exxon Mobil and gave the stock a "neutral" rating in a research report on Tuesday, November 8th. Somehow, the stock managed to gain BUY ratings by 22 analysts in current tenure as 3 analysts having overweight ratings, 14 recommend as HOLD. KO right now sits at consensus rating of 2.50 while 5 analysts have advocated the shares as "BUY", 3 calls it an "OUTPERFORM" and 14 suggest "HOLD".

During last 3 month it remained at -5.87%.

In other Exxon Mobil news, VP Dennis G. Wascom sold 4,400 shares of the firm's stock in a transaction on Tuesday, December 13th. The shares were sold at an average price of $92.00, for a total value of $404,800.00. The disclosure for this sale can be found here. Buy rating has been given by 2 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 4 analysts given HOLD rating. Price T Rowe Associates Inc. MD increased its position in shares of Exxon Mobil by 6.8% in the third quarter. Kessler Investment Group LLC now owns 33,551 shares of the company's stock worth $2,928,000 after buying an additional 2,428 shares during the last quarter. Tuttle Tactical Management LLC bought a new position in Exxon Mobil during the second quarter valued at $125,000. Analyst's mean target price for AGI is $9.57 while analysts mean recommendation is 2.60. The insider owns 2,618,856 shares as of less than 0.1%, now worth $212205901.68. The stock is now moving above its 20-Day Simple Moving Average of -3.17% with the 50-Day Simple Moving Average of -3.17 percent. The stock now has a Market Cap of $180.41B.

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Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Tuesday, January 31st. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.29. The Return on Equity (ROE) value stands at 4.6%.

In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for Exxon Mobil Corporation as 67.49 Billion. That is compared with the $0.43 in EPS it reported during the same period a year ago. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. Rockland Trust Co. raised its position in Exxon Mobil by 5.4% in the third quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. It has a dividend yield of 3.67%. The ex-dividend date of this dividend is Tuesday, February 7th.

The price/earnings ratio (P/E) is 43.51 and the forward P/E ratio stands at 16.64. Exxon Mobil's dividend payout ratio is 159.58%. "(XOM) on Strength After Analyst Downgrade" was first posted by BBNS and is the sole property of of BBNS. If you are accessing this news story on another publication, it was copied illegally and republished in violation of global copyright and trademark law.

Exxon Mobil originally had sought $12 billion in compensation over the loss of what it said it had already invested and what it expected to reap from the Cerro Negro project, in a heavy oil region known as the Orinoco Belt.