The analysts wrote, “Exxon Mobil Corporation (XOM) has been reiterated by TheStreet Ratings as a buy with a ratings score of A . The company’s strengths can be seen in multiple areas, such as its increase in net income, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.”
Exxon Mobil (NYSE: XOM) traded down 0.60% on Thursday, hitting $89.39. Exxon Mobil has a 52-week low of $77.13 and a 52-week high of $93.67. The stock’s 50-day moving average is currently $89.22. The company has a market cap of $400.5 billion and a price-to-earnings ratio of 9.27.
Exxon Mobil (NYSE: XOM) last released its earnings data on Friday, February 1st. The company reported $2.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.00 by $0.20. The company had revenue of $115.17 billion for the quarter, compared to the consensus estimate of $115.22 billion. During the same quarter in the previous year, the company posted $1.97 earnings per share. The company’s revenue for the quarter was down 5.3% on a year-over-year basis. Analysts expect that Exxon Mobil will post $7.99 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on XOM. Analysts at Oppenheimer downgraded shares of Exxon Mobil from an “outperform” rating to a “market perform” rating in a research note to investors on Tuesday. They now have a $100.00 price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Exxon Mobil in a research note to investors on Thursday, March 28th. They now have a $96.00 price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Exxon Mobil in a research note to investors on Thursday, March 7th. They now have a $103.00 price target on the stock.
Nine investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $95.46.
Exxon Mobil Corporation (NYSE: XOM) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products.
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