Marathon Oil Corporation (NYSE:MRO) Reviewed By Analysts
- Author: Zachary Reyes Mar 30, 2017,
Mar 30, 2017, 18:52
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 11.89%, and has a poor year to date (YTD) performance of -1.92% which means the stock is constantly subtracting to its value from the previous fiscal year end price. The performance for month is -0.94% and the performance for half year is 13.46%. For the most recent quarter, quick ratio was 0.7, current ratio was 1.5, LT Debt/Equity ratio was 0.78 and Total Debt/Equity ratio was 0.78. Beta value of the stock is marked at 2.25. The stock is now has its Return on Assets (ROA) value of 0.7 Percent.
Marathon Petroleum Corporation (NYSE:MPC) Oil & Gas Refining & Marketing prevailing Dividend Yield is 2.85% that has a Payout Ratio of 61.20%. The stock average true range of stands at 1.04, while the relative strength index is 55.14. Marathon Petroleum Corporation MPC showed a Day High of -3.24% in today's Market that also showed a Day Low of 8.61%. The stock is presently trading down its SMA-50 of $53.10. The current share price indicate that stock is -16.61% away from its one year high and is moving 18.14% ahead of its 52-week low. The analysts offering Earnings Estimates for the company were believing that Marathon Oil Corporation (MRO) could bring EPS of $-0.15/share.
Taking a glance at past performance, we will examine different up or down moving trends about MRO. During the past three month period the stock dropped -17.98% and increased 2.45% in past six month. Its monthly volatility value of 3.71% and volatility for the week is valued at 3.51%. During the twelve month it added 47.21% and year to date performance of -14.53%. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. In phrases of Market analysis and buying and selling signals, RSI moving above the horizontal 30 reference standard is regarded as a bullish indicator, at the same time as the RSI transferring under the horizontal 70 reference standard is visible to be a bearish indicator. Additionally, Raymond James Upgrade its ratings on the stock to Strong Buy. Marathon Oil's implied volatility rose by more than one percentage point in the past week due to the bolt-on Permian acquisition and downtrend in crude oil prices. The company reported $0.43 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.17. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.7.
Stock has P/B of 0.77. Buy - Also known as strong buy and "on the recommended list". Simply put, readings in the range of 80% to 100% indicate that the security is oversold while readings in the 0% to 20% range suggest it is overbought. Hold - In general terms, a company with a hold recommendation is expected to perform at the same pace as comparable companies or in-line with the market.
Finally, from a technical perspective, there's a strong possibility that the stock could enter into a new bull market after finding strong support between $48.39 and $48.71. This rating was issued on 3/10/17. JPMorgan Chase & Co. raised Marathon Petroleum Corp from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $46.00 to $57.00 in a research report on Wednesday, December 7th.
According to the the latest analyst ratings which have been released, 10 brokers have issued a rating of "buy", 7 brokers "outperform", 2 brokers "hold", 0 brokers "underperform" and 0 brokers "sell".