An earnings forecast is an analyst’s outlook for a company’s future quarterly or annual earnings. The Zacks Research consensus estimate before the earnings report was $1.31. During the same period past year, the firm earned $0.67 earnings per share.
Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on April, 25.
Exxon Mobil Corporation was upgraded to ” by analysts at Credit Suisse. Analysts forecast that Exxon Mobil Co. will post $3.96 earnings per share for the current year. (NYSE:XOM) opened at 81.69 on Friday.
Exxon Mobil Corporation’s (XOM) witnessed a gain of 0.16% in recent trading period with closing price of $ 82.97. XOM has added about 3.5% since its March lows near $80 and has even pulled its 10-day and 50-day moving averages into a bullish cross – a technical formation that often brings additional buyers to the table. Schleckser Robert N also sold $496,990 worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, December 5. Its revenue totaled $62.28 billion up 6.14% from the previous quarter. The stock now shows its YTD (Year to Date) performance of -7.24 percent while its Weekly performance value is 0.53%. XOM generated revenue of $77.92 Billion in the same quarter, one year ago.
A number of equities research analysts have issued reports on the stock.
Among 20 analysts covering Exxon Mobil (NYSE:XOM), 5 have Buy rating, 5 Sell and 10 Hold. Macquarie Research initiated Exxon Mobil Corporation (NYSE:XOM) on Wednesday, September 23 with “Underperform” rating.
Both, Exxon Mobil, and Chevron, were trading at their all-time highs of $104 and $133 per share respectively in mid-2014, when the commodity markets started declining. Northpointe Capital LLC raised its stake in shares of Exxon Mobil by 4.5% in the third quarter.
Several investment firms issued their expert ratings on Exxon Mobil Corporation (XOM) in which UBS Downgrades Exxon Mobil Corporation (XOM) to Sell with no specific Price Target on 1/19/17.
Price targets show what analysts believes a stock will be worth at the end of a certain time period.
Large investors have recently made changes to their positions in the company. Ruggie Capital Group increased its stake in Exxon Mobil by 0.5% in the third quarter. Rockland Trust Co. now owns 127,632 shares of the company’s stock worth $11,140,000 after buying an additional 6,494 shares during the last quarter. Moreover, its move towards Permian basin will allow Exxon to generate higher oil volumes this year.
They highlighted Suncor Energy Inc. Psagot Investment House Ltd. purchased a new position in Exxon Mobil during the fourth quarter valued at about $119,000. Cedar Hill Associates LLC now owns 14,751 shares of the company’s stock worth $1,331,000 after buying an additional 60 shares during the last quarter. Finally, Cedar Hill Associates LLC increased its stake in Exxon Mobil by 0.4% in the fourth quarter. Oakmont Partners LLC now owns 7,330 shares of the company’s stock valued at $601,000 after buying an additional 532 shares during the last quarter. Institutional investors own 51.09% of the company’s stock.
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Presently Exxon Mobil Corporation (NYSE:XOM) stock have an ABR of 3.02.
Morgan Stanley set a $85.00 target price on Exxon Mobil Co.
Exxon Mobil Corporation has a 50 day moving average of 82.10 and a 200 day moving average of 85.29. It is the largest publicly traded oil company in the world, with a market capitalization of $345 billion. Ameritas Invest Prtnrs has 0.84% invested in Exxon Mobil Corporation (NYSE:XOM). The Firm is engaged in the exploration, production, transportation and sale of natural gas and crude oil, and the manufacture, transportation and sale of petroleum products.