Exxon Mobil Corp. Target of Unusually Large Options Trading (XOM)
Exxon Mobil Corp. (NYSE:XOM) saw some unusual options trading activity on Monday. Investors acquired 23,534 put options on the company, ARN reports. This represents an increase of approximately 123% compared to the average volume of 10,556 put options.
A number of research firms have recently commented on XOM. Analysts at TheStreet reiterated a “buy” rating on shares of Exxon Mobil Corp. (NYSE:XOM) in a research note to investors on Friday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. Exxon Mobil Corp. has an average rating of “Hold” and an average target price of $95.86.
Shares of Exxon Mobil Corp. (NYSE:XOM) traded down 0.99% on Monday, hitting $86.04. The stock had a trading volume of 17,490,196 shares. Exxon Mobil Corp. has a 1-year low of $84.70 and a 1-year high of $95.49. The stock’s 50-day moving average is $87.96 and its 200-day moving average is $90.02. The company has a market cap of $378.7 billion and a price-to-earnings ratio of 10.93.
Exxon Mobil Corp. (NYSE:XOM) last issued its quarterly earnings data on Thursday, August 1st. The company reported $1.55 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.90 by $0.35. The company had revenue of $106.50 billion for the quarter, compared to the consensus estimate of $105.54 million. During the same quarter in the prior year, the company posted $1.80 earnings per share. The company’s quarterly revenue was down 16.4% on a year-over-year basis. Analysts expect that Exxon Mobil Corp. will post $7.62 EPS for the current fiscal year.
Exxon Mobil Corporation (NYSE:XOM) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products.
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