Wall Street analysts will be watching closely when Marathon Petroleum Corporation (NYSE:MPC) reports its quarterly earnings next, which is scheduled for Mon 29 Apr (In 46 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.44 per share. In the preceding quarter, the company reportedly generated EPS of $2.22 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 5.70%, a profit margin of 2.90%11.40%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Marathon Petroleum Corporation (NYSE:MPC). Most recently, on February 6th, 2019, Macquarie Initiated a Outperform rating. Before that, on January 10th, 2019, Piper Jaffray Resumed to Overweight. Standpoint Research Initiated a Accumulate rating on December 26th, 2018, Cowen Reiterated an Outperform rating on December 6th, 2018, and Cowen Reiterated a Outperform rating on November 28th, 2018.
At its current price point, combined with the fact that this company has 689.32M shares outstanding, the current market capitalization sits at 41.15B. In the last trading day, 5,463,572 shares of Marathon Petroleum Corporation were traded, which compares to its usual volume of about 6.72M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.85 in the past five trading days, resulting in a percentage change of +1.44% and a moving average of 58.96. In the past 20 days, its price changed by -$3.96 (which is -6.22%) and the stock’s moving average was 62.14. Looking back a full 50 days, shares of MPC changed by $0.68 (which is +1.15%) and demonstrated a moving average of 63.23.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 39.86%, a 14-day Stochastic %K score of 28.35% and a 20-day Stochastic %K score of 27.40%. Using a similar metric, Marathon Petroleum Corporation (MPC) shares showed a Stochastic %D of 32.00% over the past 9 days, a Stochastic %D score of 24.04% over the last 14 days, and a 20-day Stochastic %D of 23.68%. Meanwhile, this stock’s MACD Oscillator was -0.23 over the past 9 days, -1.62 over the past two weeks, and -2.77 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $59.69 level. Over the past 12 months, this stock has experienced a high price of $88.45 and a low of $54.29. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Marathon Petroleum Corporation (NYSE:MPC) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 53,716,207 shares of the company’s stock following the subtraction of -79,679 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 7.78% stake in Marathon Petroleum Corporation (MPC)’s shares.
Just in the most recent trading day, Marathon Petroleum Corporation (NYSE:MPC) experienced a high price of $59.93 and low point of $58.9. At the end of the last trading session, this stock was at 59.69 per share, following a gain of $0.08, or 0.20% during the full day.