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In the latest session, Marathon Oil Corporation (NYSE: MRO) closed at $26.13 up 0.58% from its previous closing price of $25.98. In other words, the price has increased by $0.58 from its previous closing price. On the day, 4.3 million shares were traded. MRO stock price reached its highest trading level at $26.34 during the session, while it also had its lowest trading level at $26.055.
Ratios:
For a deeper understanding of Marathon Oil Corporation’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 189.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.41.
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 the company, Scotiabank on July 12, 2024, Downgraded its rating to Sector Perform and sets its target price to $29 from $45 previously.
On April 10, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $35.
Argus Upgraded its Hold to Buy on March 14, 2024, while the target price for the stock was maintained at $31.
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 Sep 06 ’24 when Henderson Michael A sold 38,000 shares for $27.21 per share. The transaction valued at 1,033,900 led to the insider holds 76,828 shares of the business.
Henderson Michael A bought 38,000 shares of MRO for $1,033,907 on Sep 06 ’24. On Mar 27 ’24, another insider, WAGNER PATRICK, who serves as the insider of the company, sold 36,094 shares for $27.65 each. As a result, the insider received 997,887 and left with 140,829 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 14616676352 and an Enterprise Value of 19827689472. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.21, and their Forward P/E ratio for the next fiscal year is 9.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 3.008 whereas that against EBITDA is 4.63.
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 $21.81. The 50-Day Moving Average of the stock is -5.97%, while the 200-Day Moving Average is calculated to be -0.54%.
Shares Statistics:
For the past three months, MRO has traded an average of 6.02M shares per day and 5976320 over the past ten days. A total of 577.00M shares are outstanding, with a floating share count of 557.40M. Insiders hold about 0.35% of the company’s shares, while institutions hold 76.94% stake in the company. Shares short for MRO as of 1724976000 were 9763730 with a Short Ratio of 1.62, compared to 1722384000 on 9881272. Therefore, it implies a Short% of Shares Outstanding of 9763730 and a Short% of Float of 2.0.
Dividends & Splits
According to the company, the forward annual dividend rate for MRO is 0.44, from 0.44 in the trailing year. Against a Trailing Annual Dividend Yield of 0.016936105The stock’s 5-year Average Dividend Yield is 1.61.
