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


The leading market experts have placed a mean price target of $48.53 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 $0.44 a share for the upcoming quarter and $2.33 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 $40.86, and stock is trading $1.38 points away or +3.38% from its 50-day moving average of $40.86. Further it is trading $4.62 or +12.27% away its 200-day moving average of $37.62. 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 $-17.75, it will post a 52-week high. In event of +44.46% 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 11.66.

The stock last ended the trading session at $42.24 and registered a market cap of $22.33B. 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 -4.05.

1 Chart Pattern Every Investor Should Know

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