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Exxon Mobil (XOM) Stock Moves -0.15%: What You Should Know
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In the latest trading session, Exxon Mobil (XOM - Free Report) closed at $61.54, marking a -0.15% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.75%. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, lost 0.23%.
Coming into today, shares of the oil and natural gas company had lost 4.26% in the past month. In that same time, the Oils-Energy sector lost 3.77%, while the S&P 500 lost 0.13%.
Exxon Mobil will be looking to display strength as it nears its next earnings release. On that day, Exxon Mobil is projected to report earnings of $1.71 per share, which would represent year-over-year growth of 5600%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $76.89 billion, up 65.21% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.06 per share and revenue of $277.82 billion. These totals would mark changes of +1633.33% and +53.07%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Exxon Mobil. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.3% lower. Exxon Mobil currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Exxon Mobil has a Forward P/E ratio of 12.18 right now. Its industry sports an average Forward P/E of 7.8, so we one might conclude that Exxon Mobil is trading at a premium comparatively.
It is also worth noting that XOM currently has a PEG ratio of 0.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.7 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Exxon Mobil (XOM) Stock Moves -0.15%: What You Should Know
In the latest trading session, Exxon Mobil (XOM - Free Report) closed at $61.54, marking a -0.15% move from the previous day. This change was narrower than the S&P 500's daily loss of 0.75%. Meanwhile, the Dow lost 0.3%, and the Nasdaq, a tech-heavy index, lost 0.23%.
Coming into today, shares of the oil and natural gas company had lost 4.26% in the past month. In that same time, the Oils-Energy sector lost 3.77%, while the S&P 500 lost 0.13%.
Exxon Mobil will be looking to display strength as it nears its next earnings release. On that day, Exxon Mobil is projected to report earnings of $1.71 per share, which would represent year-over-year growth of 5600%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $76.89 billion, up 65.21% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $5.06 per share and revenue of $277.82 billion. These totals would mark changes of +1633.33% and +53.07%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Exxon Mobil. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.3% lower. Exxon Mobil currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Exxon Mobil has a Forward P/E ratio of 12.18 right now. Its industry sports an average Forward P/E of 7.8, so we one might conclude that Exxon Mobil is trading at a premium comparatively.
It is also worth noting that XOM currently has a PEG ratio of 0.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 0.7 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 159, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.