Marathon Oil Corporation (NYSE:MRO) rose 0.56% during previous trade. Susquehanna issued rating on the stock of Marathon Oil Corporation (NYSE:MRO) in a research note issued to investors on Mar-10-17, the stock received “Upgrade” rating from Neutral to Positive. Additionally RBC Capital Mkts issued their verdict on the stock of the company, on record date of Mar-10-17 the stock was “Reiterated” as Sector Perform at $20 to $21 besides that on Mar-10-17 Marathon Oil Corporation (NYSE:MRO) was “Initiated” by FBR & Co. as Outperform at $22. Furthermore on Dec-15-16 the stock was “Downgraded” by Instinet from Buy to Neutral.
Marathon Oil Corporation (NYSE:MRO) shares ended last trading session at the price of $16.16 whereas a number of traders indicating mean target price will hit $20.87 over the next twelve months, mean value of price target most recently revised on 02/28/17. Marathon Oil Corporation (NYSE:MRO)’s highest estimates of price target are $27 and low forecast is $15 based on the opinion of 26 analysts. The price target estimates represents a standard deviation of 3.50. However brokerage recommendations suggests an ABR of 2.16 based on calls of 19 experts, where 9 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 9 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.
Marathon Oil Corporation (NYSE:MRO) is expected to release the earnings of its current quarter on 5/3/17. The company is expected to release $-0.07 EPS for current quarter according to 18 analysts whereas the company reported $-0.43 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.14 and high estimate of $0.02. For the current year Marathon Oil Corporation (NYSE:MRO) has set to release EPS of $-0.08 as per the sentiments of 23 analysts, however according to 21 analysts, the company expected to release $0.3 EPS for next year.
Marathon Oil Corporation (NYSE:MRO)’s average revenue estimates for the current quarter are $1.34B according to 7 number of analysts. However its lowest revenue estimates are $1.27B and highest revenue estimates are $1.43B. A year ago the company’s sales were $730M. Its yearly sales growth estimates are 83.40%. For the next quarter the company has anticipated average revenues of $1.43B, according to the sentiments of 7 analysts. For the current year the company has fixed $5.72B revenues, as per the opinion of 9 analysts. For the current year the company has low revenue estimates of $5.23B in contradiction of high revenue estimates of $6.3B. Whereas for the next year revenues are set at $6.31B by 8 analysts.
The stock exchanged hands 24.33M shares versus average trading capacity of 13.34M shares, while its shares’ total market worth is $14.80B along with 847.20M outstanding shares. Marathon Oil Corporation (NYSE:MRO) shares were trading -15.92% below from the 52-week high price mark of $19.22 and +69.81% above from the 52-week price bottom of $9.52. However the company observed 52 week high price on 12/12/16 and witnessed 52 week low price on 03/24/16. The company’s price sits -3.80% below from its 50-day moving average of $16.48 and 4.60% far from the stock’s 200-day moving average which is $16.11. Marathon Oil Corporation (NYSE:MRO)’s price to sales ratio for trailing twelve month stands at 3.22, whereas its price to book ratio for most recent quarter sits at 0.78.