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Exxon Mobil (XOM) Dips More Than Broader Markets: What You Should Know
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Exxon Mobil (XOM - Free Report) closed at $70.78 in the latest trading session, marking a -1.69% move from the prior day. This change lagged the S&P 500's 1.54% loss on the day. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.17%.
Prior to today's trading, shares of the oil and natural gas company had lost 6.46% over the past month. This has was narrower than the Oils-Energy sector's loss of 10.97% and the S&P 500's loss of 6.77% in that time.
XOM will be looking to display strength as it nears its next earnings release, which is expected to be February 1, 2019. In that report, analysts expect XOM to post earnings of $1.26 per share. This would mark year-over-year growth of 43.18%. Meanwhile, our latest consensus estimate is calling for revenue of $74.42 billion, up 11.88% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.76 per share and revenue of $290.73 billion. These totals would mark changes of +32.59% and +12.32%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for XOM. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.57% lower. XOM is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, XOM currently has a Forward P/E ratio of 15.12. This represents a premium compared to its industry's average Forward P/E of 9.79.
We can also see that XOM currently has a PEG ratio of 1.9. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 1.08 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Exxon Mobil (XOM) Dips More Than Broader Markets: What You Should Know
Exxon Mobil (XOM - Free Report) closed at $70.78 in the latest trading session, marking a -1.69% move from the prior day. This change lagged the S&P 500's 1.54% loss on the day. Meanwhile, the Dow lost 1.49%, and the Nasdaq, a tech-heavy index, lost 2.17%.
Prior to today's trading, shares of the oil and natural gas company had lost 6.46% over the past month. This has was narrower than the Oils-Energy sector's loss of 10.97% and the S&P 500's loss of 6.77% in that time.
XOM will be looking to display strength as it nears its next earnings release, which is expected to be February 1, 2019. In that report, analysts expect XOM to post earnings of $1.26 per share. This would mark year-over-year growth of 43.18%. Meanwhile, our latest consensus estimate is calling for revenue of $74.42 billion, up 11.88% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.76 per share and revenue of $290.73 billion. These totals would mark changes of +32.59% and +12.32%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for XOM. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.57% lower. XOM is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, XOM currently has a Forward P/E ratio of 15.12. This represents a premium compared to its industry's average Forward P/E of 9.79.
We can also see that XOM currently has a PEG ratio of 1.9. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Oil and Gas - Integrated - International stocks are, on average, holding a PEG ratio of 1.08 based on yesterday's closing prices.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 194, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.