Stock To Watch: Marathon Petroleum Corporation (NYSE:MPC)


The leading market experts have placed a mean price target of $46.90 on Marathon Petroleum Corporation (NYSE:MPC) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.98 a share for the upcoming quarter and $2.54 for the current fiscal. Technical View The technical analysis of Marathon Petroleum Corporation plainly substantiates that the 50-day moving average of Marathon Petroleum Corporation is $36.25, and stock is hovering 1.76 or +4.86% distant from $36.25. It is noted that the 200-day MA is $36.93, and Marathon Petroleum Corporation stock is $1.08 or +2.93% off from this point. Marathon Petroleum Corporation (NYSE:MPC) 52-week high is $59.99 and the 52-week low is $29.24. This explains if the stock moves $-21.98, it will post a 52-week high. In event of $+29.99% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Marathon Petroleum Corporation , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Marathon Petroleum Corporation (NYSE:MPC) ratio came in at 10.41. The stock last ended the trading session at $38.01 and registered a market cap of $20.14B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Marathon Petroleum Corporation (NYSE:MPC) PEG ratio is at -2.58.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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