Financial Metrics Exploration: Understanding Marathon Petroleum Corp (MPC) Through Ratios

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The closing price of Marathon Petroleum Corp (NYSE: MPC) was $167.47 for the day, down -1.92% from the previous closing price of $170.74. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 1.9 million shares were traded. MPC stock price reached its highest trading level at $171.78 during the session, while it also had its lowest trading level at $166.74.

Ratios:

Our analysis of MPC’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 7.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.12.

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:

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 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 59004702720 and an Enterprise Value of 86810787840. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.37, and their Forward P/E ratio for the next fiscal year is 10.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 0.589 whereas that against EBITDA is 5.946.

Stock Price History:

The Beta on a monthly basis for MPC is 1.39, which has changed by 0.39546704 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, MPC has reached a high of $221.11, while it has fallen to a 52-week low of $112.82. The 50-Day Moving Average of the stock is -5.72%, while the 200-Day Moving Average is calculated to be -0.24%.

Shares Statistics:

MPC traded an average of 2.47M shares per day over the past three months and 2055250 shares per day over the past ten days. A total of 368.00M shares are outstanding, with a floating share count of 351.53M. Insiders hold about 0.23% of the company’s shares, while institutions hold 75.46% stake in the company. Shares short for MPC as of 1718323200 were 9736331 with a Short Ratio of 3.94, compared to 1715731200 on 7269438. Therefore, it implies a Short% of Shares Outstanding of 9736331 and a Short% of Float of 2.77.

Dividends & Splits

With its trailing 12-month dividend rate of 3.225, MPC has a forward annual dividend rate of 3.22. Against a Trailing Annual Dividend Yield of 0.018888367The stock’s 5-year Average Dividend Yield is 3.54. The current Payout Ratio is 13.00% for MPC, which recently paid a dividend on 2024-05-15 with an ex-dividend date of 1715731200. Stock splits for the company last occurred on 2015-06-11 when the company split stock in a 2:1 ratio.

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