Market Update: Exxon Mobil Corporation (NYSE:XOM) – ExxonMobil Contributes to North Texas Tornado Recovery and Relief Efforts

[Business Wire] – Exxon Mobil Corporation announced today that it will donate $100,000 to the American Red Cross to provide disaster relief assistance in response to the recent tornadoes in north Texas. Read more on this. Exxon Mobil Corporation (XOM) , valued at $322.46B, started the session at $77.41. Looking at today’s trading action, the company’s one day range from $76.46 to $77.94 with a trailing 52-week range being $66.55 to $93.45. XOM shares are currently priced at 19.94x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 2.53x earnings multiple. And for dividend hunters, the company pays shareholders $2.92 per share annually in dividends, yielding 3.75%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $0.71 per share, which would be $0.61 worse than the year-ago quarter and a $0.09 sequential decrease. The full-year EPS estimate is $3.91, which would be a $3.45 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $56.17 Billion. If reported, that would be a 35.64% decrease over the year-ago quarter. Recently, Raymond James downgraded XOM from Mkt Perform to Underperform (Nov 18, 2015). Previously, Barclays upgraded XOM from Underweight to Equal Weight. Given all the information above, we should disclose to readers that the average price target is $83.52, which is 7.89% above than it opened this morning. See more in (NYSE:XOM) Similar Articles: Market Update: Exxon Mobil Corporation (NYSE:XOM) – ExxonMobil Gift Helps Jonathan’s Place Serve North Texas Children Market Update: Exxon Mobil Corporation (NYSE:XOM) – Rosneft, Exxon, Eni, Sasol win exploration rights in Mozambique Company Update: Exxon Mobil Corporation (NYSE:XOM) – ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule and Well Under Budget