Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Marathon Petroleum Corp (NYSE: MPC) closed at $199.65 in the last session, up 0.71% from day before closing price of $198.25. In other words, the price has increased by $0.71 from its previous closing price. On the day, 1.7 million shares were traded. MPC stock price reached its highest trading level at $199.79 during the session, while it also had its lowest trading level at $194.8.
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 7.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.88. 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:
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 71941079040 and an Enterprise Value of 96911368192. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.49, and their Forward P/E ratio for the next fiscal year is 11.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 3.01. Its current Enterprise Value per Revenue stands at 0.649 whereas that against EBITDA is 5.717.
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 5.40%, while the 200-Day Moving Average is calculated to be 26.55%.
Shares Statistics:
According to the various share statistics, MPC traded on average about 2.76M shares per day over the past 3-months and 2056550 shares per day over the past 10 days. 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 77.96% stake in the company. Shares short for MPC as of 1711584000 were 7677600 with a Short Ratio of 2.78, 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
The forward annual dividend rate for MPC is 3.15, which was 3.15 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01588903The stock’s 5-year Average Dividend Yield is 3.63.
