Exxon Mobil Corporation (NYSE:XOM) plunged -1.47% during previous trade, a total of 21.27M shares exchanged hands compared with its average trading volume of 10.50M shares whereas its relative volume is 1.89. The stock has a market capitalization of $331.85B along with 4.24B outstanding shares. Stock’s intraday price range hit the peak level of $80.68 and touched the lowest level of $79.26.
Most recently Exxon Mobil Corporation (NYSE:XOM)’s price target was revised on 5/30/17 and according to 22 analysts stock’s price will reach at $87.64 during 52 weeks with standard deviation of 7.59. Stock’s minimum price target estimates has been figured out at $72 while the maximum price target forecast is established at $105, if we look at the price target with an optimistic approach it has upside potential of 32% from its latest closing price of $79.50.
Historically, if we look at price target revisions, three ago Exxon Mobil Corporation (NYSE:XOM)’s price target was revised on 5/11/17 by the analysts, however the bullish price estimates of the stock set at $100 while the bearish estimates kept at $78 over the next one year. Stock’s 52-week target was retained at $91.17, the estimates indicates a standard deviation of 7.33.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 3.02. ABR value is precisely based on brokerage recommendations, where out of 15 brokerage recommendations 2 rate Exxon Mobil Corporation (NYSE:XOM) stock a Strong Buy, 1 rate the stocks of the company a Buy, 9 rate Hold, 0 rate Sell and 3 recommend a Strong Sell. Most recently on 5/11/17 the stock of Exxon Mobil Corporation (NYSE:XOM) upgraded by BofA/Merrill from Neutral to Buy. However previously on 3/2/17 it was upgraded by Credit Suisse from Underperform to Neutral. A research note issued on 1/11/17 the stock was downgraded by Wells Fargo from Outperform to Market Perform.
Exxon Mobil Corporation (NYSE:XOM) performance over the past one year plunged -10.20% whereas its year to date (YTD) performance indicated a bearish trend of -11.92%. During the last six months the stock slipped -8.93%. Quarterly performance of the company shows declining momentum of -3.59% while its last one month trend is negative with -3.87%. Stock’s weekly performance expressed down trend of -2.75%.
The company’s price sits -2.99% below from its 50-day moving average of $81.71 and -6.34% away from the stock’s 200-day moving average which is $84.18.
According to consensus agreement of 16 analysts Exxon Mobil Corporation (NYSE:XOM) will report earnings per share of $0.96 in their quarterly report and it is expected to announce the company’s results on 7/28/17 Before Market Open. For the current quarter the company has high EPS estimates of $1.13 in contradiction of low EPS estimates of $0.79. However a year ago for the same quarter the company has reported $0.41 EPS. Current year EPS projections for Exxon Mobil Corporation (NYSE:XOM) set at $4.01 according to the sentiments of 20 analysts, while its lowest earnings estimates are $3.53 and highest earnings estimates are $4.86.
According to 5 analysts, Exxon Mobil Corporation (NYSE:XOM)’s revenue estimates for the current quarter are $66.21B meanwhile the company has high revenue estimates of $70.19B in contradiction of low revenue estimates of $61.66B. For the current year the company’s revenue estimates are $281.53B compared to low analyst estimates of $248.67B and high estimates of $347.51B according to the projection of 8 analysts.