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Exxon Mobil (XOM) Stock Sinks As Market Gains: What You Should Know

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In the latest close session, Exxon Mobil (XOM - Free Report) was down 1.08% at $148.91. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, added 1.63%.

Prior to today's trading, shares of the oil and natural gas company had lost 9.01% lagged the Oils-Energy sector's loss of 0.61% and the S&P 500's gain of 8.11%.

Analysts and investors alike will be keeping a close eye on the performance of Exxon Mobil in its upcoming earnings disclosure. The company's earnings report is set to go public on May 1, 2026. On that day, Exxon Mobil is projected to report earnings of $1.21 per share, which would represent a year-over-year decline of 31.25%. In the meantime, our current consensus estimate forecasts the revenue to be $81.49 billion, indicating a 1.97% decline compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $9.94 per share and revenue of $369.4 billion. These totals would mark changes of +42.2% and +11.18%, respectively, from last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Exxon Mobil. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been a 40.65% rise in the Zacks Consensus EPS estimate. Exxon Mobil is currently sporting a Zacks Rank of #1 (Strong Buy).

Valuation is also important, so investors should note that Exxon Mobil has a Forward P/E ratio of 15.14 right now. This expresses a premium compared to the average Forward P/E of 7.8 of its industry.

We can additionally observe that XOM currently boasts a PEG ratio of 0.76. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Oil and Gas - Integrated - International industry was having an average PEG ratio of 0.71.

The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 4, placing it within the top 2% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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