Recent exceptional negative changes in investment behavior have affected Exxon Mobil Corp (NYSE: XOM): the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.
Exxon Mobil Corp (NYSE: XOM) suffers from moderate negative changes in fundamentals. Negative developments: the stock’s power rating fell below 50, and significant quarterly sales deceleration occurred. Positive development: the consensus estimate for December, 2025 increased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, XOM is expected to continue to be a major Value Builder.
Exxon Mobil has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Exxon Mobil has a good Appreciation Score of 77 but a neutral Power Rating of 45, triggering the Positive Value Trend Rating.
Recent Price Action
On 6/14/24, Exxon Mobil Corp (NYSE: XOM) stock declined slightly by -0.8%, closing at $109.11. However, this decline was accompanied by below average trading volume at 76% of normal. The stock has performed in line with the market over the last nine months and has declined -4.3% during the last week.
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