Presently Marathon Oil Corporation (NYSE:MRO) stock have an ABR of 2.16. For the past 5 years, the company's revenue has grown 2.3%, while the company's earnings per share has grown -25.3%. The bumped up target suggests a potential upside of 0.37% from the company's most recent stock price close. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 33.3%. During the same quarter in the previous year, the firm earned $0.79 earnings per share. Jacobi Capital Management LLC increased its position in Marathon Petroleum Corp by 31.0% in the third quarter. Wealthfront Inc. acquired a new stake in shares of Marathon Oil during the second quarter worth approximately $258,000. Finally, Altfest L J & Co. Altfest L J & Co. Price changes resulting from an earnings surprise can be felt immediately. Institutional investors and hedge funds own 78.16% of the company's stock.
Marathon Petroleum Corp (NYSE:MPC) traded down 1.00% during mid-day trading on Thursday, hitting $49.72. The stock was trading on above-average volume.
Marathon Oil Corporation (NYSE:MRO)'s stock has performed at -13.83%. The stock exchanged hands with 4.95 million shares contrast to its average daily volume of 4.66 million shares.
The company's price sits -0.54% below from its 50-day moving average of $49.61 and 15.02% far from the stock's 200-day moving average which is $46.17.
The sales growth quarter on quarter is at 2.70% while the total number of outstanding shares are at 849.
This recommendation lands on a scale between 1 and 5. The company earned $17.28 billion during the quarter, compared to analyst estimates of $14.54 billion.
EPS growth in next year is estimated to reach 400.00% while EPS growth estimate for this year is set at 19.70%. The fiscal year 2016 current estimate trend was for $-0.08 as compared to FY 2017 current Estimate trends of $0.25.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Thursday, February 16th will be issued a dividend of $0.36 per share. The ex-dividend date is Tuesday, February 14th.More news: 'Fearless Girl': New statue stares down Wall Street's bull
The forward P/E ratio stands at 59.08.
"Westwood Holdings Group Inc". DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in Marathon Petroleum Corp during the fourth quarter worth about $131,000. If you are viewing this article on another domain, it was copied illegally and reposted in violation of U.S. and worldwide trademark and copyright law.
Several research analysts have recently commented on MPC shares.
Here we discussed analysts opinions what they said about Marathon Oil Corporation (MRO) One Month Ago.
The number of Marathon Oil Corporation shares in issue is 847,201,000 which have a current share price of 16.07 bringing Marathon Oil Corporation's market capitalisation to 13.61B United States dollars.
Analysts give ADBE a mean recommendation of 2.00. At the time of writing, the First Call consensus price target for the company is $20.82. Whereas, MRO received highest price target of 29.00 and low target of 15.00. Four investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the stock.
In case of Revenue Estimates, 7 analysts have provided their consensus Average Revenue Estimates for Marathon Oil Corporation as 1.34 Billion. Following the completion of the transaction, the director now directly owns 8,776 shares of the company's stock, valued at $438,273.44.