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The closing price of Marathon Oil Corporation (NYSE: MRO) was $26.10 for the day, down -2.79% from the previous closing price of $26.85. In other words, the price has decreased by -$2.79 from its previous closing price. On the day, 11.05 million shares were traded. MRO stock price reached its highest trading level at $26.8192 during the session, while it also had its lowest trading level at $25.87.
Ratios:
Our analysis of MRO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 97.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.31.
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, Barclays on April 10, 2024, initiated with a Overweight rating and assigned the stock a target price of $35.
On March 14, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $31.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 11, 2023, whereas the target price for the stock was revised from $27 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 27 ’24 when WAGNER PATRICK sold 36,094 shares for $27.65 per share. The transaction valued at 997,887 led to the insider holds 140,829 shares of the business.
Henderson Michael A sold 51,389 shares of MRO for $1,418,051 on Mar 25 ’24. The Executive VP, Operations now owns 114,828 shares after completing the transaction at $27.59 per share. On Mar 22 ’24, another insider, Whitehead Dane E, who serves as the Executive VP and CFO of the company, sold 73,233 shares for $27.06 each. As a result, the insider received 1,981,619 and left with 152,008 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, MRO now has a Market Capitalization of 14915550208 and an Enterprise Value of 20576851968. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.20, and their Forward P/E ratio for the next fiscal year is 8.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 3.189 whereas that against EBITDA is 4.771.
Stock Price History:
Over the past 52 weeks, MRO has reached a high of $30.06, while it has fallen to a 52-week low of $21.63. The 50-Day Moving Average of the stock is -2.56%, while the 200-Day Moving Average is calculated to be 1.64%.
Shares Statistics:
MRO traded an average of 9.77M shares per day over the past three months and 7933750 shares per day over the past ten days. A total of 577.00M shares are outstanding, with a floating share count of 574.93M. Insiders hold about 0.39% of the company’s shares, while institutions hold 77.45% stake in the company. Shares short for MRO as of 1713139200 were 13721435 with a Short Ratio of 1.40, compared to 1710460800 on 13327344. Therefore, it implies a Short% of Shares Outstanding of 13721435 and a Short% of Float of 2.74.
Dividends & Splits
With its trailing 12-month dividend rate of 0.42, MRO has a forward annual dividend rate of 0.42. Against a Trailing Annual Dividend Yield of 0.015642457The stock’s 5-year Average Dividend Yield is 1.61.
Earnings Estimates
Its stock is currently analyzed by 22.0 different market analysts. On average, analysts expect EPS of $0.54 for the current quarter, with a high estimate of $0.65 and a low estimate of $0.41, while EPS last year was $0.67. The consensus estimate for the next quarter is $0.71, with high estimates of $0.88 and low estimates of $0.52.
Analysts are recommending an EPS of between $3.44 and $2.28 for the fiscal current year, implying an average EPS of $2.81. EPS for the following year is $3.18, with 24.0 analysts recommending between $4.97 and $1.49.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $1.65B to a low estimate of $1.45B. As of the current estimate, Marathon Oil Corporation’s year-ago sales were $1.68BFor the next quarter, 14 analysts are estimating revenue of $1.69B. There is a high estimate of $1.85B for the next quarter, whereas the lowest estimate is $1.53B.
A total of 16 analysts have provided revenue estimates for MRO’s current fiscal year. The highest revenue estimate was $7.34B, while the lowest revenue estimate was $6.15B, resulting in an average revenue estimate of $6.77B. In the same quarter a year ago, actual revenue was $6.7BBased on 16 analysts’ estimates, the company’s revenue will be $6.92B in the next fiscal year. The high estimate is $7.97B and the low estimate is $5.6B.
