Exxon Mobil Corporation (NYSE:XOM) registered a -0.11% decrease, still its new closing price is 20.37% up from the company’s 1 year high of 93.91.It posted -0.44% losses in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 5 of Wall Street analysts have an underperform rating; the 2 sells versus 1 buy or better ratings. The 26 stock analysts following this company have an average price target at $88.83, with individual PT in the $73.00-$105.00 range. The shares moved at $85.51, implying that brokerage firms see shares gaining about 14.99% in twelve months time.
Exxon Mobil Corporation (XOM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -5.26% fall year to date. A Executive Officer at Exxon Mobil Corporation (XOM) offloaded shares in a transaction closed on Thursday December 15, 2016. Ortwein Sara N sold 5,000 shares in the company at $90.88 each and collected $454,000 in proceeds. Ortwein Sara N now owns 241,914 shares in the company after this transaction. A Vice President in the company, Wascom Dennis G, disclosed a transaction on Tuesday December 13, 2016 that ended up generating $404,001 from the sale of 4,400 shares at $92 per share.
Exxon Mobil Corporation (NYSE:XOM) Upcoming Results on Tap
Exxon Mobil Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.06 in that period. Sales during the quarter are predicted to arrive at $71.9 billion.
Earnings surprise history: Last quarter, the company posted approximately $58.68 billion in revenue and EPS of $0.63. The mean forecast was for $63.85 billion and $0.58 a share, respectively. One quarter earlier, revenue for the stock was at $57.69 billion, with earnings at $0.41/share.
Exxon Mobil Corporation (XOM) Brokerage Update
Exxon Mobil Corporation (XOM) is in Wells Fargo’s research list so their analyst rating change is noteworthy. These shares were downgraded to Market Perform from Outperform by Wells Fargo, according to news reported on Wednesday January 11, 2017.Another important research note was issued by Goldman on Monday October 31, 2016.The firm downgraded XOM to Neutral from Buy. Over the last six months and over the last three months, the shares of Exxon Mobil Corporation (XOM), have changed -3.54% and -0.94%, respectively.
