UBS AG decreased their EPS estimates on shares of Exxon Mobil (NYSE: XOM) in a research note issued on Thursday. The firm currently has a $91.00 price target on the company’s shares.
XOM has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Exxon Mobil in a research note to investors on Thursday. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of Exxon Mobil in a research note to investors on Tuesday. They now have a $95.00 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Exxon Mobil in a research note to investors on Monday. They now have a $99.00 price target on the stock.
Six equities research analysts have rated the stock with a buy rating, two have issued an overweight rating, and fifteen have assigned a hold rating to the stock. The company has an average rating of “overweight” and an average target price of $94.82.
Exxon Mobil traded down 0.57% on Thursday, hitting $89.05. Exxon Mobil has a 1-year low of $77.13 and a 1-year high of $93.67. The stock’s 50-day moving average is currently $89.57. The company has a market cap of $400.9 billion and a price-to-earnings ratio of 9.23.
Exxon Mobil last issued its quarterly earnings data on Friday, February 1st. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.00 by $0.20. The company had revenue of $115.17 billion for the quarter, compared to the consensus estimate of $115.22 billion. During the same quarter in the previous year, the company posted $1.97 earnings per share. The company’s revenue for the quarter was down 5.3% on a year-over-year basis. On average, analysts predict that Exxon Mobil will post $7.97 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 11th. Investors of record on Monday, February 11th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Thursday, February 7th.
Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products.
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