EPS is commonly considered to be one of the most important factors when evaluating the price of a share. Taking a look at the current quarter consensus earnings per share estimate provided by Zacks Research, we can see that the number for Exxon Mobil Corporation (NYSE:XOM) is -0.31. This estimate is using projections provided by 5 Wall Street analysts. Last quarter, the company notched a quarterly EPS of 0.53. Trading around earnings reports can be difficult. Gauging which direction a stock will shift after earnings can sometimes be a toss up. Sometimes, companies may report great numbers with a solid beat, and the stock will head lower. Other times, a stock will miss projections, but the price will rise. Traders who are able to take on the risk may be able to withstand the high volatility that could follow after the report is released.
Even though the stock market can seem erratic and unpredictable, investors may be able to take some steps to help combat the chaos. One thing that investors have the ability to do is create an overall plan and stick to it. This may be one of the single most important factors in achieving success in the stock market. Of course, if something doesn’t seem to be working over an extended period of time, then maybe some action may need to be taken and the plan should be adjusted. Scrapping a plan too early may bring about a lot of unnecessary worry and confusion. Staying disciplined and keeping the proper perspective might help the investor better position themselves on the front lines.
Sell-side Street analysts often offer stock ratings for companies that they cover. Based on analysts polled by Zacks Research, the present average broker rating on shares of Exxon Mobil Corporation (NYSE:XOM) is presently -34.8. This average rating includes analysts who have given Sell, Buy and Hold ratings on the equity. This rating uses a numerical recommendation scale from 1 to 5. A score of 1 would represent a Buy recommendation, and a score of 5 would indicate a Sell recommendation. Out of all the analysts providing recommendations, 18 have rated the stock a Strong Buy or Buy, based on data provided by Zacks Research.
Taking a look at some target price information, we note that shares of Exxon Mobil Corporation (NYSE:XOM) presently have an average target price of $52.71. This is the consensus target price using estimates offered by analysts polled by Zacks Research. Sell-side analysts can calculate price target projections using various methods. Many investors will track stock target prices, especially when analysts make changes to the target. A thorough research report will generally give detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the data to help with their own stock research.
Let’s shift the focus and look at some historical stock price action on shares of Exxon Mobil Corporation (NYSE:XOM). After a recent market scan, we have seen that the stock has been trading near the $44.08 level. Investors may also be tracking the current stock price in relation to its 52-week high and low. The 52-week high is currently sitting at $77.63, and the 52-week low is $31.45. When the stock starts moving towards the 52-week high or 52-week low, investors may pay added attention to see if there will be a breakthrough that level. Over the last 12 weeks, the stock has moved -10.22%. Since the beginning of the calendar year, we can see that shares have changed 2.2%. Over the past 4 weeks, shares have moved 0.49264%. Over the previous 5 sessions, the stock has moved 176%.
Investors often have to calculate risk/reward scenarios when navigating the equity market. Keeping track of alternatives and gauging the likelihood of certain outcomes can help with designing a legitimate strategy. When all the research and planning has been completed, there may come a time when the investor has to make a decision and get ready to take some action. There will obviously be some trades that work out great and others that don’t. Accepting the fact that this is part of the process can help keep the investor focused on the next trade instead of lamenting the past.