Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Marathon Petroleum Corp (NYSE: MPC) closed the day trading at $195.02 down -3.67% from the previous closing price of $202.46. In other words, the price has decreased by -$3.67 from its previous closing price. On the day, 2.71 million shares were traded. MPC stock price reached its highest trading level at $203.06 during the session, while it also had its lowest trading level at $193.74.
Ratios:
For a better understanding of MPC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 31, 2024, Reiterated its Outperform rating but revised its target price to $170 from $168 previously.
Wells Fargo Upgraded its Equal Weight to Overweight on December 14, 2023, whereas the target price for the stock was revised from $159 to $169.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 ’24 when Rucker Kim K.W. sold 1,000 shares for $170.35 per share. The transaction valued at 170,350 led to the insider holds 23,446 shares of the business.
Aydt Timothy J sold 7,955 shares of MPC for $1,375,284 on Feb 26 ’24. The Ex VP, Refining now owns 9,801 shares after completing the transaction at $172.88 per share. On Nov 13 ’23, another insider, HAGEDORN CARL KRISTOPHER, who serves as the Senior VP and Controller of the company, sold 1,436 shares for $146.81 each. As a result, the insider received 210,819 and left with 5,480 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MPC now has a Market Capitalization of 70272729088 and an Enterprise Value of 95744180224. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.29, and their Forward P/E ratio for the next fiscal year is 11.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 2.94. Its current Enterprise Value per Revenue stands at 0.641 whereas that against EBITDA is 5.648.
Stock Price History:
Over the past 52 weeks, MPC has reached a high of $221.11, while it has fallen to a 52-week low of $104.32. The 50-Day Moving Average of the stock is 3.87%, while the 200-Day Moving Average is calculated to be 24.57%.
Shares Statistics:
Over the past 3-months, MPC traded about 2.80M shares per day on average, while over the past 10 days, MPC traded about 2389150 shares per day. A total of 368.00M shares are outstanding, with a floating share count of 359.54M. Insiders hold about 0.22% of the company’s shares, while institutions hold 77.94% stake in the company. Shares short for MPC as of 1711584000 were 7677600 with a Short Ratio of 2.75, compared to 1709164800 on 7773073. Therefore, it implies a Short% of Shares Outstanding of 7677600 and a Short% of Float of 2.1300000999999997.
Dividends & Splits
MPC’s forward annual dividend rate is 3.15, up from 3.15 a year ago. The stock’s 5-year Average Dividend Yield is 3.63.
Earnings Estimates
At present, Medical Properties Trust, Inc. analysts are actively evaluating the performance of Marathon Petroleum Corp (MPC) in the stock market.The consensus estimate for the next quarter is $195.02, with high estimates of $160.23 and low estimates of $201.73.
Analysts are recommending an EPS of between $Consumer Cyclical and $Financial Services for the fiscal current year, implying an average EPS of $Energy.
