Market Insight: Marathon Petroleum Corp (MPC)’s Notable Gain, Closing at 157.14

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In the latest session, Marathon Petroleum Corp (NYSE: MPC) closed at $157.14 up 0.41% from its previous closing price of $156.50. In other words, the price has increased by $0.41 from its previous closing price. On the day, 2.06 million shares were traded. MPC stock price reached its highest trading level at $157.92 during the session, while it also had its lowest trading level at $155.84.

Ratios:

For a deeper understanding of Marathon Petroleum Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.31.

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, TD Cowen on November 06, 2024, Reiterated its Buy rating but revised its target price to $170 from $174 previously.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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.

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 50503065600 and an Enterprise Value of 81535057920. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.44, and their Forward P/E ratio for the next fiscal year is 16.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 2.70. Its current Enterprise Value per Revenue stands at 0.571 whereas that against EBITDA is 7.885.

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 $140.98. The 50-Day Moving Average of the stock is -0.89%, while the 200-Day Moving Average is calculated to be -9.66%.

Shares Statistics:

For the past three months, MPC has traded an average of 2.65M shares per day and 2034680 over the past ten days. A total of 368.00M shares are outstanding, with a floating share count of 320.61M. Insiders hold about 0.24% of the company’s shares, while institutions hold 74.73% stake in the company. Shares short for MPC as of 1731628800 were 6878621 with a Short Ratio of 3.03, compared to 1728950400 on 8781369. Therefore, it implies a Short% of Shares Outstanding of 6878621 and a Short% of Float of 2.1399999999999997.

Dividends & Splits

According to the company, the forward annual dividend rate for MPC is 3.38, from 3.385 in the trailing year. Against a Trailing Annual Dividend Yield of 0.021629393The stock’s 5-year Average Dividend Yield is 3.43.

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