For its second fiscal quarter (ending June 30), Exxon Mobil Corp (NYSE: XOM) has reported E.P.S. of $2.14 compared to $1.94 a year ago. For the latest four quarters through June 30, E.P.S. were $8.36 compared to $12.50 a year ago.
Recent Price Action
Exxon Mobil Corp (NYSE: XOM) stock closed at $116.88 on 8/2/24 after a slight decline of -0.06%. Moreover, above average trading volume at 131% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
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 A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Exxon Mobil has a slightly positive Power Rating of 65 and a good Appreciation Score of 77, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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