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The price of Marathon Petroleum Corp (NYSE: MPC) closed at $170.97 in the last session, up 0.61% from day before closing price of $169.93. In other words, the price has increased by $0.61 from its previous closing price. On the day, 2.33 million shares were traded. MPC stock price reached its highest trading level at $171.53 during the session, while it also had its lowest trading level at $167.3.
Ratios:
We take a closer look at MPC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.16.
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 August 07, 2024, Reiterated its Buy rating but revised its target price to $190 from $187 previously.
On July 18, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $200.
TD Cowen reiterated its Outperform rating for the stock on January 31, 2024, while the target price for the stock was revised from $168 to $170.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 57220923392 and an Enterprise Value of 85596930048. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.98, and their Forward P/E ratio for the next fiscal year is 11.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 2.73. Its current Enterprise Value per Revenue stands at 0.575 whereas that against EBITDA is 6.268.
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 $139.32. The 50-Day Moving Average of the stock is -0.24%, while the 200-Day Moving Average is calculated to be -0.54%.
Shares Statistics:
According to the various share statistics, MPC traded on average about 2.46M shares per day over the past 3-months and 2153490 shares per day over the past 10 days. A total of 368.00M shares are outstanding, with a floating share count of 333.91M. Insiders hold about 0.23% of the company’s shares, while institutions hold 77.11% stake in the company. Shares short for MPC as of 1723680000 were 7404953 with a Short Ratio of 3.01, compared to 1721001600 on 7911279. Therefore, it implies a Short% of Shares Outstanding of 7404953 and a Short% of Float of 2.21.
Dividends & Splits
The forward annual dividend rate for MPC is 3.30, which was 3.3 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.019419761The stock’s 5-year Average Dividend Yield is 3.51.
Earnings Estimates
The dynamic stock of Marathon Petroleum Corp (MPC) is currently attracting attention from 13.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $2.04, with high estimates of $3.59 and low estimates of $0.94.
Analysts are recommending an EPS of between $13.74 and $8.99 for the fiscal current year, implying an average EPS of $11.64. EPS for the following year is $14.61, with 13.0 analysts recommending between $21.25 and $9.22.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $33.17B. It ranges from a high estimate of $40B to a low estimate of $23.51B. As of the current estimate, Marathon Petroleum Corp’s year-ago sales were $41.58BFor the next quarter, 6 analysts are estimating revenue of $32.87B. There is a high estimate of $40B for the next quarter, whereas the lowest estimate is $23.06B.
A total of 7 analysts have provided revenue estimates for MPC’s current fiscal year. The highest revenue estimate was $151.57B, while the lowest revenue estimate was $118.14B, resulting in an average revenue estimate of $138.36B. In the same quarter a year ago, actual revenue was $150.31BBased on 7 analysts’ estimates, the company’s revenue will be $131.53B in the next fiscal year. The high estimate is $160B and the low estimate is $91.91B.
