Analysts Anticipate Exxon Mobil Co. (XOM) to Announce $0.94 Earnings Per Share

President Trump annouces the U.S. is pulling out of the Paris climate agreement
President Trump annouces the U.S. is pulling out of the Paris climate agreement
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02 June, 2017

Beacon Trust Company acquired 3,447 shares as Exxon Mobil Corp (XOM)'s stock rose 0.21%. (NYSE XOM) traded up 0.25% during midday trading on Thursday, hitting $80.70.

5 number of analysts have estimated the sales of the company for the quarter ending Jul 28, 2017, analysts estimated mean sale target of 70860.9 million while high and low sale targets are estimated at 78780.5 million and 64187 million respectively.

Some buy side analysts are also providing their Analysis on Exxon Mobil Corporation, where 2 analysts have rated the stock as Strong buy, 4 analysts have given a Buy signal, 14 said it's a HOLD, 4 reported it as Underperform and 2 analysts rated the stock as Sell. It has underperformed by 25.78% the S&P500.

Saratoga Research & Investment Management decreased Polaris Industries (PII) stake by 5.43% reported in 2016Q4 SEC filing. MDXG's SI was 25.32 million shares in June as released by FINRA. Empirical Finance LLC acquired a new position in shares of Exxon Mobil during the fourth quarter valued at about $172,000. The stock, after opening at $80.94, closed at $80.50 by scoring -0.74%. 9,884,090 shares of the company traded hands. Credit Suisse maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, May 2 with "Underperform" rating. It has underperformed by 11.19% the S&P500. Bank of America Corp upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $95.00 to $100.00 in a research note on Thursday, May 11th. Therefore 30% are positive. MiMedx Group had 10 analyst reports since July 29, 2015 according to SRatingsIntel. Argus reiterated a "focus list" rating and issued a $104.00 target price (up previously from $91.00) on shares of Exxon Mobil in a research note on Thursday, May 18th. Goldman Sachs downgraded Exxon Mobil Corporation (NYSE:XOM) on Monday, October 31 to "Neutral" rating. The rating was upgraded by Goldman Sachs on Wednesday, July 22 to "Conviction Buy". The firm earned "Neutral" rating on Tuesday, March 8 by Macquarie Research. $719,817 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Rosenthal David S on Wednesday, December 7. (NYSE:PII) has "Hold" rating given on Friday, September 30 by Jefferies. Wells Fargo downgraded Exxon Mobil Corporation (NYSE:XOM) on Wednesday, January 11 to "Market Perform" rating.

Beacon Trust Company decreased General Electric Co (NYSE:GE) stake by 13,264 shares to 225,456 valued at $7.13 million in 2016Q4.

Investors sentiment decreased to 0.8 in Q4 2016. It is down 0.00% since June 1, 2016 and is. It is negative, as 67 investors sold RAD shares while 114 reduced holdings. 94 funds opened positions while 248 raised stakes. The Renaissance Investment Group Llc holds 42,253 shares with $3.81 million value, down from 50,460 last quarter. Ruggie Capital Group increased its stake in Exxon Mobil by 0.5% in the third quarter. Wasatch holds 923,236 shares or 0.14% of its portfolio. Blackrock owns 1,833 shares. New England Invest & Retirement Gp Incorporated reported 60,034 shares or 2.97% of all its holdings. Arrow accumulated 73,199 shares. Bard Associates Inc owns 105,560 shares or 1.91% of their United States portfolio. Nordea Invest Mgmt Ab accumulated 0% or 23,355 shares.

Brookfield Asset Management Inc. held its stake in shares of Exxon Mobil Co. Rhumbline Advisers has invested 0.03% of its portfolio in Rite Aid Corporation (NYSE:RAD). The New York-based Evercore Wealth Limited Liability Company has invested 0.03% in Occidental Petroleum Corporation (NYSE:OXY). Polar Asset Mgmt Inc reported 15,000 shares. Gamco Et Al holds 216,435 shares.

Nikko Asset Management Americas Inc increased Cabot Oil & Gas Corp (NYSE:COG) stake by 161,400 shares to 695,857 valued at $16.26M in 2016Q4. Roosevelt Inv Gp owns 23,446 shares. Nike Inc (NYSE:NKE) was reduced too.

On average, analysts expect that Exxon Mobil will report full-year earnings of $3.86 per share for the current year, with EPS estimates ranging from $3.28 to $4.86. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.94 earnings per share. XOM's profit would be $3.95B giving it 21.46 P/E if the $0.94 EPS is correct. Fisher Asset Mngmt Ltd Liability Corp reported 0.73% in Exxon Mobil Corporation (NYSE:XOM).

Investors sentiment increased to 1 in 2016 Q4. Its down 0.04, from 0.87 in 2016Q3. It turned negative, as 58 investors sold XOM shares while 851 reduced holdings. 5 funds opened positions while 27 raised stakes. Mckinley Carter Wealth Svcs holds 35,361 shares or 1.61% of its portfolio. (OTCMKTS:SCOR). Arizona State Retirement owns 19,000 shares or 0.01% of their U.S. portfolio. Shareholders of record on Friday, May 12th will be given a dividend of $0.77 per share. Halsey Associates Inc Ct holds 2.37% or 117,969 shares. Creative Planning reported 24,538 shares. Bancorporation Of The Ozarks invested 1.61% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

The company maintained ROI for the last twelve months at 5.70%. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since June 2, 2016 and is downtrending. The stock is now trading -3.89% below its SMA 50 and 3.40% above its SMA 200. Royal Bank of Canada set a $95.00 price objective on shares of Exxon Mobil and gave the stock a buy rating in a report on Wednesday, February 1st.


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