Other research analysts also recently issued reports about the stock. Jefferies Group restated a hold rating on shares of Exxon Mobil Corp. in a research report on Sunday, July 10th. HSBC set a $91.00 target price on shares of Exxon Mobil Corp. and gave the company a neutral rating in a research report on Tuesday. BNP Paribas set a $80.00 target price on shares of Exxon Mobil Corp. and gave the company a sell rating in a research report on Tuesday. Vetr upgraded shares of Exxon Mobil Corp. from a hold rating to a buy rating and set a $93.03 target price for the company in a research report on Monday, June 27th. Finally, Credit Agricole SA restated a buy rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 16th. Eight equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $87.54.
Shares of Exxon Mobil Corp. (NYSE:XOM) traded down 0.899% on Monday, hitting $87.645. The stock had a trading volume of 5,948,160 shares. Exxon Mobil Corp. has a 12 month low of $71.55 and a 12 month high of $95.55. The firm has a market cap of $363.43 billion, a P/E ratio of 34.807 and a beta of 0.83. The firm’s 50-day moving average price is $86.29 and its 200 day moving average price is $88.38.
Exxon Mobil Corp. (NYSE:XOM) last announced its quarterly earnings data on Friday, July 29th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by $0.23. The company had revenue of $57.69 billion for the quarter, compared to analysts’ expectations of $60.23 billion. Exxon Mobil Corp. had a net margin of 4.51% and a return on equity of 5.94%. Exxon Mobil Corp.’s quarterly revenue was down 22.2% compared to the same quarter last year. During the same period last year, the firm earned $1.00 earnings per share. Analysts anticipate that Exxon Mobil Corp. will post $2.28 EPS for the current fiscal year.
In other Exxon Mobil Corp. news, VP Robert Stuart Franklin sold 13,855 shares of the stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $87.93, for a total transaction of $1,218,270.15. Following the sale, the vice president now directly owns 213,256 shares in the company, valued at approximately $18,751,600.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.14% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in XOM. Thomas J. Herzfeld Advisors Inc. raised its stake in Exxon Mobil Corp. by 166.5% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,106 shares of the company’s stock worth $104,000 after buying an additional 691 shares during the period. Tuttle Tactical Management LLC purchased a new stake in shares of Exxon Mobil Corp. during the second quarter worth $125,000. NewSquare Capital LLC raised its stake in shares of Exxon Mobil Corp. by 2.1% in the second quarter. NewSquare Capital LLC now owns 1,603 shares of the company’s stock worth $150,000 after buying an additional 33 shares during the last quarter. Cantab Capital Partners LLP purchased a new stake in shares of Exxon Mobil Corp. during the second quarter worth $183,000. Finally, NCM Capital Management Group Inc. raised its stake in shares of Exxon Mobil Corp. by 29.6% in the second quarter. NCM Capital Management Group Inc. now owns 1,970 shares of the company’s stock worth $185,000 after buying an additional 450 shares during the last quarter. Institutional investors own 50.42% of the company’s stock.
About Exxon Mobil Corp.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
Receive News & Ratings for Exxon Mobil Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corp. and related companies with MarketBeat.com's FREE daily email newsletter.