Marathon Petroleum Corp (NYSE: MPC) has recently experienced important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Marathon Petroleum Corp (NYSE: MPC): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MPC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Marathon Petroleum has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Marathon Petroleum has a good Power Rating of 79 and a good Appreciation Score of 84, resulting in the Highest Value Trend Rating.
Recent Price Action
On 7/5/24, Marathon Petroleum Corp (NYSE: MPC) stock declined by -2.4%, closing at $170.74. However, this decline was accompanied by unusually low trading volume at 61% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.0% during the last week.
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