Published: Sat, April 14, 2018
Finance | By Loren Pratt

Are the Technicals Adding up for Exxon Mobil Corporation (NYSE:XOM)?

Are the Technicals Adding up for Exxon Mobil Corporation (NYSE:XOM)?

The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by ($0.18).

The stock increased 0.96% or $0.74 during the last trading session, reaching $77.96.Exxon Mobil Corporation has volume of 6.01M shares. About 10.92M shares traded. Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) has declined 1.20% since April 14, 2017 and is downtrending. XOM underperformed the S&P 500 by 20.84%.

Symons Capital Management Inc decreased its stake in Ambev Sa (ABEV) by 10.99% based on its latest 2017Q4 regulatory filing with the SEC. Gibson Cap Ltd Limited Liability Company reported 4,358 shares. The institutional investor held 68,427 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.19 million, down from 196,312 at the end of the previous reported quarter. About 6.40 million shares traded. Morgan Stanley (NYSE:MS) has risen 27.83% since April 14, 2017 and is uptrending. It has outperformed by 27.65% the S&P500.

Janney Montgomery Scott Llc, which manages about $15.70 billion and $9.63B US Long portfolio, decreased its stake in Ishs Core Msci Eafe Etf (IEFA) by 92,859 shares to 834,686 shares, valued at $55.16M in 2017Q4, according to the filing. The stock of Exxon Mobil Corporation (NYSE:XOM) has "Neutral" rating given on Monday, May 2 by UBS. On Tuesday, December 12 the insider Milton Bryan W sold $606,082. It is down 0.00% since April 14, 2017 and is. Its down 0.01, from 0.85 in 2017Q3. 57 funds opened positions while 110 raised stakes. 10,068 were reported by University Of Texas Managment. Citadel Advsrs Ltd invested in 0% or 53,614 shares. (NASDAQ:AAPL). Timber Hill Ltd Com has 49,695 shares for 0.54% of their portfolio. (NASDAQ:CSCO). Teachers Retirement Of The State Of Kentucky reported 1.23M shares or 0.55% of all its holdings. Massachusetts Fincl Services Ma has invested 0% of its portfolio in Republic Services, Inc. New England Private Wealth Advisors Llc bought 2,215 shares as the company's stock declined 3.81% with the market. New York-based Tiaa Cref Investment Ltd has invested 0.05% in Scripps Networks Interactive, Inc. (NASDAQ:MYGN). Stifel Financial reported 0.01% stake. Train Babcock holds 1.44% or 39,129 shares. Rafferty Asset Mngmt Lc reported 0.05% stake. Mairs And Pwr Inc holds 0.03% of its portfolio in Apple Inc. (NASDAQ:SNI). Hartford Invest Mgmt holds 21,650 shares.

Analysts await Apple Inc. (NASDAQ:MYGN) to report earnings on May, 1. As of now, XOM has a P/S, P/E and P/B values of 1.4, 23.87 and 1.76 respectively. During the same quarter last year, the company earned $0.41 EPS. equities analysts forecast that ExxonMobil will post 4.8 EPS for the current fiscal year.


Wall Street analysts covering the stock are projecting that the stock will reach $85.98 within the next 52-weeks. The firm has a market capitalization of $328,106.69, a price-to-earnings ratio of 21.68, a P/E/G ratio of 1.16 and a beta of 0.91. Therefore 29% are positive. The firm has "Buy" rating by Bank of America given on Thursday, May 11. Leerink Swann maintained it with "Market Perform" rating and $41 target in Wednesday, May 4 report. On Tuesday, November 7 the firm has "Reduce" rating by HSBC given. Standpoint Research upgraded the stock to "Hold" rating in Thursday, June 29 report. As per Wednesday, July 22, the company rating was downgraded by Cowen & Co. On Thursday, January 4 the stock rating was upgraded by Stifel Nicolaus to "Buy".

Since December 11, 2017, it had 0 buys, and 4 selling transactions for $3.42 million activity. Chapman Neil A sold $996,628 worth of stock or 12,000 shares.

Investors sentiment decreased to 0.84 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. It is negative, as 48 investors sold XOM shares while 819 reduced holdings. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. Cornerstone Advsr accumulated 0.32% or 5,850 shares. Gemmer Asset Mgmt Limited Liability, California-based fund reported 711 shares. (NASDAQ:SNI). Riverhead Mgmt Ltd Liability holds 235 shares.

On the other hand share of Viavi Solutions Inc. It improved, as 38 investors sold RSG shares while 201 reduced holdings. Vident Investment Advisory Ltd Com reported 9,396 shares. Moreover, Palisade Cap Mngmt Limited Liability Company Nj has 0.11% invested in Exxon Mobil Corporation (NYSE:XOM) for 40,585 shares. Argent Trust Company holds 185,492 shares. Halsey Ct stated it has 2.33% in Exxon Mobil Corporation (NYSE:XOM). Gateway Advisers Limited Liability Corporation accumulated 2.30M shares. Argent Mngmt Limited Liability Corporation owns 7,226 shares. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 36% are positive. On Monday, June 26 the stock rating was maintained by BMO Capital Markets with "Hold". Raymond James downgraded the shares of XOM in report on Wednesday, November 18 to "Underperform" rating. On Thursday, March 8 Wells Fargo maintained Exxon Mobil Corporation (NYSE:XOM) rating. The company was maintained on Friday, March 18 by Goldman Sachs. Morgan Stanley set a $90.00 price objective on shares of ExxonMobil and gave the company a "sell" rating in a research note on Wednesday, January 24th. (NASDAQ:SNI) on Thursday, August 11 to "Hold" rating. The stock of Exxon Mobil Corporation (NYSE:XOM) has "Hold" rating given on Monday, December 11 by Credit Suisse.

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