Is Exxon Mobil Corporation's P/E ratio too cheap?
A lower P/E should indicate the stock is cheap relative to others -- and that may attract buyers. Exxon Mobil's earnings per share fell by 8.9% in the last twelve months. But over the longer term (3 years), earnings per share have increased by 12%. And over the longer term (5 years) earnings per share have decreased 10.0% annually.
Is Exxon Mobil stock really worth $75?
Last year I wrote that Exxon Mobil Corp (NYSE: XOM) was worth almost $75 per share, based on its average value metrics. But after the company’s recent earnings release on Feb. 1, 2022, it’s clear that XOM stock is worth considerably more.
What is ExxonMobil’s target market cap?
For example, if we assume FCF stays level, we divide $30.548 billion by 6.93% and get a target market cap of $440.8 billion. This is 31.6% above Exxon’s existing market cap of $335 billion and implies a stock price target of $103.95 (i.e., $78.99 price x 1.316).
Is Exxon (Xom) stock undervalued?
Since Exxon stock can conservatively be forecast to rise one-third higher within the next year or so, this implies that the stock is very undervalued. As a result, value investors will consider that now is a good time to average into the stock or even initiate a new position.
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Is Exxon Mobil a good buy right now?
Bottom line: Exxon stock is below its buy zone, and depending on where you bought the stock, it could be in sell range. Still, Exxon has consistently outperformed a turbulent market and could recover from its recent lows.
What is the prognosis for Exxon stock?
Exxon Mobil Corp (NYSE:XOM) The 25 analysts offering 12-month price forecasts for Exxon Mobil Corp have a median target of 100.00, with a high estimate of 166.00 and a low estimate of 77.00. The median estimate represents a +2.22% increase from the last price of 97.83.
Should I hold or sell Exxon stock?
There are currently 2 sell ratings, 8 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Exxon Mobil stock.
What is the target price for Exxon stock?
Stock Price TargetHigh$128.00Low$77.00Average$101.37Current Price$91.48
Will Exxon go up?
Goldman Sachs analyst Neil Mehta sees a 22% return for Exxon on expectations that Brent oil prices will average $135 per barrel in the second half of 2022. And record gasoline prices and refining margins prompted Credit Suisse analyst Manav Gupta to raise his price target to $115 from $102.
Is XOM a buy in 2022?
On average, analysts forecast that XOM's EPS will be $10.26 for 2022, with the lowest EPS forecast at $8.83, and the highest EPS forecast at $11.89. On average, analysts forecast that XOM's EPS will be $9.14 for 2023, with the lowest EPS forecast at $4.99, and the highest EPS forecast at $12.08.
Is Chevron a buy or sell?
Chevron Corporation - Hold Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of CVX, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
How high will Chevron stock go?
Stock Price Forecast The 26 analysts offering 12-month price forecasts for Chevron Corp have a median target of 182.00, with a high estimate of 213.00 and a low estimate of 147.00. The median estimate represents a +23.31% increase from the last price of 147.60.
What is the target price for Pfizer?
Stock Price Target PFEHigh$75.00Median$55.00Low$49.00Average$57.61Current Price$49.07
A Closer Look at XOM Stock
Reaping the Rewards of Investment
The price of oil has been low since 2015 now. Yet, XOM stock didn’t crash until this year. What changed? Simply put, the whole oil and gas environment suffered a massive blow.
Forget About the Dividend
Exxon is known for having huge scale and a fortress balance sheet. This allows it to make moves not available to smaller rivals.
XOM Stock Verdict
Most of the commentary around XOM stock focuses on its dividend. And I get it. XOM stock yields around 11% at present. Given the general interest rate environment, a yield that huge is tantalizing.
Why is Exxon Mobil's P/E ratio so high?
I know a lot of Exxon shareholders will be celebrating this week. It’s great that the company still can pay the dividend for the time being.
What is the P/E ratio of Exxon Mobil?
Its relatively high P/E ratio indicates that Exxon Mobil shareholders think it will perform better than other companies in its industry classification. The market is optimistic about the future, but that doesn't guarantee future growth. So investors should always consider the P/E ratio alongside other factors, such as whether company directors have been buying shares.
How Does Exxon Mobil's P/E Ratio Compare To Its Peers?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll show how Exxon Mobil Corporation's ( NYSE:XOM) P/E ratio could help you assess the value on offer. What is Exxon Mobil's P/E ratio? Well, based on the last twelve months it is 17.61. That means that at current prices, buyers pay $17.61 for every $1 in trailing yearly profits.
What does lower P/E mean for Exxon Mobil?
The P/E ratio essentially measures market expectations of a company. As you can see below, Exxon Mobil has a higher P/E than the average company (13.5) in the oil and gas industry.
Does P/E reflect cash?
That means unless the share price increases, the P/E will reduce in a few years. A lower P/E should indicate the stock is cheap relative to others -- and that may attract buyers. Exxon Mobil's earnings per share fell by 8.9% in the last twelve months. But over the longer term (3 years), earnings per share have increased by 12%.
What Does Return On Equity Mean?
The 'Price' in P/E reflects the market capitalization of the company. Thus, the metric does not reflect cash or debt held by the company. In theory, a company can lower its future P/E ratio by using cash or debt to invest in growth.
Does Exxon Mobil Have A Good ROE?
ROE measures a company's profitability against the profit it retains, and any outside investments. The 'return' is the amount earned after tax over the last twelve months. The higher the ROE, the more profit the company is making. So, all else equal, investors should like a high ROE.
How to buy Exxon Mobil shares?
By comparing a company's ROE with its industry average, we can get a quick measure of how good it is. However, this method is only useful as a rough check, because companies do differ quite a bit within the same industry classification.
What happens if Exxon Mobil goes bust?
The last step is to press the buy button! You log in to your online brokerage, search for Exxon Mobil share, insert the number of shares you wish to buy, and click buy, which will initiate the purchase of shares (in trading lingo: execute the buy order).
What is Tradestation Global?
Risk: spending all of your savings on one or two shares. If Exxon Mobil goes bust, you lose all your invested money.
How to sell a stock after seeing an increase in price?
TradeStation Global is an introducing broker of Interactive Brokers. This practically means that assets and cash are held with Interactive Brokers, but services like fees and customer support are provided by TradeStation Global. TradeStation Global is regulated by the top-tier UK FCA.
Do you have to count fees when trading with Exxon Mobil?
E.g. you can set the target price at which you want to sell the share with a profit, or use the stop-loss to set a price at which you want to sell the share to avoid further losses.
Is Exxon Mobil a US company?
You have to count with different kind of fees when you are trading with Exxon Mobil shares.