We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exxon Mobil Holdings (XOM) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Exxon Mobil Holdings (XOM - Free Report) closed at $162.53 in the latest trading session, marking a +1.21% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.77%. At the same time, the Dow lost 0.67%, and the tech-heavy Nasdaq lost 0.92%.
The stock of oil and natural gas company has risen by 2.48% in the past month, leading the Oils-Energy sector's gain of 1.13% and the S&P 500's gain of 0.96%.
Market participants will be closely following the financial results of Exxon Mobil Holdings in its upcoming release. In that report, analysts expect Exxon Mobil Holdings to post earnings of $3.78 per share. This would mark year-over-year growth of 101.06%. Our most recent consensus estimate is calling for quarterly revenue of $109.51 billion, up 28.4% from the year-ago period.
XOM's full-year Zacks Consensus Estimates are calling for earnings of $12.01 per share and revenue of $415.59 billion. These results would represent year-over-year changes of +71.82% and +25.09%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Exxon Mobil Holdings. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.28% increase. As of now, Exxon Mobil Holdings holds a Zacks Rank of #3 (Hold).
In terms of valuation, Exxon Mobil Holdings is presently being traded at a Forward P/E ratio of 13.37. This denotes a premium relative to the industry average Forward P/E of 8.79.
Meanwhile, XOM's PEG ratio is currently 0.98. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Oil and Gas - Integrated - International industry held an average PEG ratio of 0.63.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 83, which puts it in the top 34% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. 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
Image: Bigstock
Exxon Mobil Holdings (XOM) Gains As Market Dips: What You Should Know
Exxon Mobil Holdings (XOM - Free Report) closed at $162.53 in the latest trading session, marking a +1.21% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.77%. At the same time, the Dow lost 0.67%, and the tech-heavy Nasdaq lost 0.92%.
The stock of oil and natural gas company has risen by 2.48% in the past month, leading the Oils-Energy sector's gain of 1.13% and the S&P 500's gain of 0.96%.
Market participants will be closely following the financial results of Exxon Mobil Holdings in its upcoming release. In that report, analysts expect Exxon Mobil Holdings to post earnings of $3.78 per share. This would mark year-over-year growth of 101.06%. Our most recent consensus estimate is calling for quarterly revenue of $109.51 billion, up 28.4% from the year-ago period.
XOM's full-year Zacks Consensus Estimates are calling for earnings of $12.01 per share and revenue of $415.59 billion. These results would represent year-over-year changes of +71.82% and +25.09%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Exxon Mobil Holdings. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.28% increase. As of now, Exxon Mobil Holdings holds a Zacks Rank of #3 (Hold).
In terms of valuation, Exxon Mobil Holdings is presently being traded at a Forward P/E ratio of 13.37. This denotes a premium relative to the industry average Forward P/E of 8.79.
Meanwhile, XOM's PEG ratio is currently 0.98. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Oil and Gas - Integrated - International industry held an average PEG ratio of 0.63.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 83, which puts it in the top 34% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. 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.