Published: Sat, May 20, 2017
Business | By Max Garcia

Jefferies Group LLC Reaffirms Buy Rating for Marathon Petroleum Corp (MPC)

Jefferies Group LLC Reaffirms Buy Rating for Marathon Petroleum Corp (MPC)

Marathon Petroleum Corporation (MPC) closed business day at $51.94 with -0.21%. The overall volume in the last trading session was 4.15 million shares. Scotiabank set a $21.00 price objective on shares of Marathon Oil and gave the company a "buy" rating in a report on Saturday, May 6th.

Many investors will opt to use multiple time periods when examining moving averages.

In Major Integrated Oil & Gas Industry, Exxon Mobil Corporation (XOM) have 4.24 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Zendesk Inc (NYSE:ZEN) stock price escalated 0.80% to finalize at $25.29 throughout previous buying and selling session. This represents an increase of approximately 743% compared to the average daily volume of 2,728 put options. Equities research analysts anticipate that Marathon Oil Co. will post ($0.17) earnings per share for the current fiscal year.

The Stock now has a consensus recommendation of 1.70. Analyst rating score as published on FINVIZ are rated on a 1 to 5 scale. The average analysts gave this company a mean recommendation of 1.70. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. LLC now owns 10,083 shares of the oil and gas producer's stock valued at $159,000 after buying an additional 83 shares in the last quarter. BlackRock Inc. now owns 56,121,367 shares of the oil and gas company's stock valued at $2,836,372,000 after buying an additional 54,172,304 shares during the last quarter. The stock, after opening at $2.50, closed at $2.44 by scoring -3.17%.

In terms of Exxon Mobil Corporation (XOM) stock price comparison to its moving averages, shares of company are 0.58% away from the 50-day moving average and 0.42% away from 20-day average. Similarly, the Return on Invested Capital Quality ratio is a tool in evaluating the quality of a company's ROIC over the course of five years. Iridian Asset Management LLC CT now owns 7,707,619 shares of the oil and gas company's stock valued at $389,543,000 after buying an additional 5,216,764 shares during the last quarter. The Return on Invested Capital is a ratio that determines whether a company is profitable or not. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. The company was able to keep return on investment at 7.30% in the last twelve months.

Marathon Petroleum Corporation (NYSE:MPC) ended its day at $51.94 with the rising stream of -0.21% and its total traded volume was 4.09 million shares less than the average volume. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering. The stock presently has a consensus rating of "Buy" and a consensus price target of $19.44. This gives investors an idea of how much the security has moved in the past year and whether it is trading near the top, middle or bottom of the range. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both.

A number of other institutional investors have also made changes to their positions in the stock.

The company maintained ROI for the last twelve months at -215.50%. The stock has a 50 day moving average of $15.24 and a 200-day moving average of $16.18. Stock has got OUTPERFORM rating from 4 analysts of Thomson Reuters, 6 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating.

The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The debt-to-equity ratio (D/E) was recorded at 0.00.

Marathon Oil Co. has a 12-month low of $12.22 and a 12-month high of $19.28.

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