Marathon Oil Corporation (NYSE:MRO) rose 0.22% during previous trade. Instinet issued rating on the stock of Marathon Oil Corporation (NYSE:MRO) in a research note issued to investors on Dec-15-16, the stock received “Downgrade” rating from Buy to Neutral. Additionally UBS issued their verdict on the stock of the company, on record date of Dec-13-16 the stock was “Downgraded” from Buy to Neutral from $17 to $20 besides that on Nov-18-16 Marathon Oil Corporation (NYSE:MRO) was “Initiated” by Susquehanna as Neutral. Furthermore on Oct-17-16 the stock was “Downgraded” by Barclays from Overweight to Equal Weight from $18 to $17.
Marathon Oil Corporation (NYSE:MRO) shares ended last trading session at the price of $18.24 whereas a number of traders indicating mean target price will hit $19.39 over the next twelve months, mean value of price target most recently revised on 12/13/16. Marathon Oil Corporation (NYSE:MRO)’s highest estimates of price target are $29 and low forecast is $15 based on the opinion of 28 analysts. The price target estimates represents a standard deviation of 2.66. However brokerage recommendations suggests an ABR of 2.22 based on calls of 18 experts, where 8 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 2/15/17. The company is expected to release $-0.14 EPS for current quarter according to 24 analysts whereas the company reported $-0.48 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.25 and high estimate of $-0.03. For the current year Marathon Oil Corporation (NYSE:MRO) has set to release EPS of $-0.93 as per the sentiments of 27 analysts, however according to 28 analysts, the company expected to release $-0.12 EPS for next year.
Marathon Oil Corporation (NYSE:MRO)’s average revenue estimates for the current quarter are $1.23B according to 8 number of analysts. However its lowest revenue estimates are $1.09B and highest revenue estimates are $1.45B. A year ago the company’s sales were $1.48B. Its yearly sales growth estimates are -16.80%. For the next quarter the company has anticipated average revenues of $1.4B, according to the sentiments of 6 analysts. For the current year the company has fixed $4.45B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $4.14B in contradiction of high revenue estimates of $4.72B. Whereas for the next year revenues are set at $5.7B by 9 analysts.
The stock exchanged hands 18.06M shares versus average trading capacity of 20.43M shares, while its shares’ total market worth is $14.96B along with 847.21M outstanding shares. Marathon Oil Corporation (NYSE:MRO) shares were trading -5.39% below from the 52-week high price mark of $19.28 and +184.92% above from the 52-week price bottom of $6.40. However the company observed 52 week high price on 12/12/16 and witnessed 52 week low price on 02/19/16. The company’s price sits 16.89% above from its 50-day moving average of $15.93 and 29.83% far from the stock’s 200-day moving average which is $15. Marathon Oil Corporation (NYSE:MRO)’s price to sales ratio for trailing twelve month stands at 3.68, whereas its price to book ratio for most recent quarter sits at 0.82.