Global Updates

Marathon Oil Corporation (NYSE:MRO) Has 82 Percent Upside Potential

Marathon Oil Corporation (NYSE:MRO) shares traded -0.07% during the most recent session the stock exchanged hands 12.82M shares versus average trading capacity of 12.83M shares, yielding a market cap of $12.28B. Wall Street analysts covering the stock are projecting that the stock will reach $20.31 within the next 52-weeks. The mean target projections are based on 27 opinions, the mean target was last revised on 04/25/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Marathon Oil Corporation (NYSE:MRO) high price target of $27.00 and with a conservative view have low price target of $15.00 with a standard deviation of $3.19. If seeing target price from optimistic overview then it has an 82 percent upside potential from the latest closing price of $14.87.

Marathon Oil Corporation (NYSE:MRO) received “Initiated” rating by Stifel in a research note issued to investors on Apr-13-17 Hold at $17.

Additionally on Mar-10-17 Marathon Oil Corporation (NYSE:MRO) was “Upgraded” by Susquehanna from Neutral to Positive and on Mar-10-17 the stock was “Reiterated” by RBC Capital Mkts as Sector Perform from $20 to $21. Furthermore on Mar-10-17 the stock was “Initiated” by FBR & Co. as Outperform at $22.

On the other hand the company has Relative Strength Index (RSI 14) of 38.27 along with Average True Range (ATR 14) of 0.49, Consequently Marathon Oil Corporation (NYSE:MRO) weekly and monthly volatility is 3.21%, 2.99% respectively. The company’s beta value is at 2.22.

In terms of Buy, Sell or Hold recommendations, Marathon Oil Corporation (NYSE:MRO) has an analysts’ mean recommendation of 2.30. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Marathon Oil Corporation (NYSE:MRO) will report earnings of -$0.09 for the current quarter on or around 5/4/2017 After Market Close, however the company’s high EPS estimates are -$0.01 and low estimates are -$0.19. However the company reported -$0.43 earnings per share for the same quarter during last year.

Previously Marathon Oil Corporation (NYSE:MRO) reported -$0.1 earnings per share (EPS) for the quarter on 2/15/2017After Market Close, beating the consensus estimate of -$0.13 by $0.03. The company posted an earnings surprise of 23.08%.

While considering growth estimates of the company, it has next quarter growth estimates of 65.20% whereas during current quarter it has 74.10% estimations over growth, comparing to the estimations of 74.10% during current year and 159.10% for next year. Past 5 years growth of Marathon Oil Corporation (NYSE:MRO) observed at -10.21%, looking forward for the next 5 years it has a strong prediction of -135.00% over growth.

Marathon Oil Corporation (NYSE:MRO) revenue estimates for the current quarter are $1.16B according to 8 number of analysts, for the current quarter the company has high revenue estimates of $1.4B in contradiction of low revenue estimates of $998M. For the current year the company’s revenue estimates are $4.97B compared to low analyst estimates of $4.26B and high estimates of $5.77B according 10 number of analysts.

Currently Marathon Oil Corporation (NYSE:MRO) shares owned by insiders are 0.20%, whereas shares owned by institutional owners are 84.30%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded 0.70%.

Marathon Oil Corporation (NYSE:MRO) trading -22.63% away from its 52 week high of $19.22 and +33.68% far from the stock’s low point over the past 52 weeks, which was $11.12. The stock hit its 52-week high on 12/12/16, and 52-week low on 05/09/16.The company’s trailing twelve month income is -2140.00M dollars and is paying 1.34% dividend yield annually.

Marathon Oil Corporation (NYSE:MRO) trailing twelve month revenues are $4.26B, whereas its price to sales ratio for the same period is 2.96. Its book value per share for the most recent quarter is $20.66 while its price to book ratio for the same period is 0.72. The stock has a current PEG ratio of 0.50 where as its trailing twelve month P/E ratio is -5.69.

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