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Exxon Mobil (XOM) Gains But Lags Market: What You Should Know

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In the latest trading session, Exxon Mobil (XOM - Free Report) closed at $78.45, marking a +1.82% move from the previous day. This move lagged the S&P 500's daily gain of 2.3%. Elsewhere, the Dow gained 2.5%, while the tech-heavy Nasdaq added 2.95%.

Coming into today, shares of the oil and natural gas company had lost 2.2% in the past month. In that same time, the Oils-Energy sector lost 4.67%, while the S&P 500 gained 1.21%.

Wall Street will be looking for positivity from XOM as it approaches its next earnings report date. This is expected to be February 1, 2019. In that report, analysts expect XOM to post earnings of $1.36 per share. This would mark year-over-year growth of 54.55%. Our most recent consensus estimate is calling for quarterly revenue of $79.33 billion, up 19.26% from the year-ago period.

XOM's full-year Zacks Consensus Estimates are calling for earnings of $4.71 per share and revenue of $295.64 billion. These results would represent year-over-year changes of +31.2% and +14.21%, respectively.

It is also important to note the recent changes to analyst estimates for XOM. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.88% higher. XOM is currently sporting a Zacks Rank of #3 (Hold).

Looking at its valuation, XOM is holding a Forward P/E ratio of 16.34. This valuation marks a premium compared to its industry's average Forward P/E of 10.13.

We can also see that XOM currently has a PEG ratio of 2.19. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. XOM's industry had an average PEG ratio of 1.09 as of yesterday's close.

The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% 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.

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