Marathon Petroleum Corp (NYSE:MPC) shares traded 1.21% up during most recent session to reach at the closing price of $59.57. The stock exchanged hands 6.24 Million shares versus average trading capacity of 6.72 Million shares, yielding a market cap of $41.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $92.5 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Marathon Petroleum Corp (NYSE:MPC) high price target of $124 and with a conservative view have low price target of $71.
Citigroup “Maintained” Marathon Petroleum Corp (NYSE:MPC) in a research note issued to investors on 3/04/19 to Buy with price target of $85.
Additionally on 2/06/19 Macquarie “Initiates Coverage On” Marathon Petroleum Corp (NYSE:MPC) to Outperform setting price target at $0 and on 1/10/19 PiperJaffray “Assumes” the stock to Overweight at $0. Furthermore on 12/26/18 Standpoint Research “Initiates Coverage On” the stock to Accumulate at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 38.55 along with Average True Range (ATR 14) of 1.56, Consequently Marathon Petroleum Corp (NYSE:MPC)’s weekly and monthly volatility is 2.00%, 2.17% respectively. The company’s beta value is at 1.39.
In terms of Buy, Sell or Hold recommendations, Marathon Petroleum Corp (NYSE:MPC) has analysts’ mean recommendation of 1.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Marathon Petroleum Corp (NYSE:MPC)’s minimum EPS for the current quarter is at $0.1 and can go high up to $0.95. The consensus mean EPS for the current quarter is at $0.47 derived from a total of 17 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.08 earnings per share for the same quarter during last year.
Previously Marathon Petroleum Corp (NYSE:MPC) reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.26. The company posted an earnings surprise of 13.3%.
Marathon Petroleum Corp (NYSE:MPC)’s revenue estimates for the current quarter are $28.36 Billion according to 7 number of analysts, for the current quarter the company has high revenue estimates of $34.45 Billion in contradiction of low revenue estimates of $20.16 Billion. For the current year the company’s revenue estimates are $129.74 Billion compared to low analyst estimates of $113.33 Billion and high estimates of $147.87 Billion according to 8 number of analysts.
Currently Marathon Petroleum Corp (NYSE:MPC)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 81%. However the six-month change in the insider ownership was recorded -6.16%, as well as three-month change in the institutional ownership was recorded 28.99%.
Marathon Petroleum Corp (NYSE:MPC)’s trailing twelve month revenues are $97.08 Billion, whereas its price to sales ratio for the same period is 0.42. Its book value per share for the most recent quarter is $51.28 while its price to book ratio for the same period is 1.16, as for as the company’s cash per share for the most recent quarter is $2.45, however its price to cash per share ratio for the same period is 24.34. The stock has 5 year expected PEG ratio of 0.83 whereas its trailing twelve month P/E ratio is 11.21.