Marathon Petroleum Corporation (NYSE: MPC) is 4.40% higher on its value in year-to-date trading and has touched a low of $15.26 and a high of $61.07 in the current 52-week trading range. The MPC stock was last observed hovering at around $44.17 in the last trading session, with the day’s loss setting it -0.99% off its average median price target of $48.50 for the next 12 months. It is also 34.58% off the consensus price target high of $66.00 offered by 18 analysts, but current levels are -7.95% lower than the price target low of $40.00 for the same period.
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Currently trading at $43.18, the stock is 3.88% and 11.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.25 million and changing -2.24% at the moment leaves the stock 25.97% off its SMA200. MPC registered -27.29% loss for a year compared to 6-month gain of 19.28%. The firm has a 50-day simple moving average (SMA 50) of $41.52 and a 200-day simple moving average (SMA200) of $35.80.
The stock witnessed a 1.72% loss in the last 1 month and extending the period to 3 months gives it a 38.75%, and is 4.40% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.55% over the week and 3.81% over the month.
Marathon Petroleum Corporation (MPC) has around 60910 employees, a market worth around $28.74B and $82.06B in sales. Profit margin for the company is -23.60%. Distance from 52-week low is 182.96% and -29.29% from its 52-week high. The company has generated returns on investments over the last 12 months (7.10%).
Marathon Petroleum Corporation (MPC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Marathon Petroleum Corporation (MPC) is a “Overweight”. 18 analysts offering their recommendations for the stock have an average rating of 2.10, where 4 rate it as a Hold and 1 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Marathon Petroleum Corporation is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at -$0.99 with sales reaching $17.33B over the same period.The EPS is expected to shrink by -24.80% this year, but quarterly earnings will post -42.90% year-over-year. Quarterly sales are estimated to shrink -44.80% in year-over-year returns.
Marathon Petroleum Corporation (MPC) Top Institutional Holders
1,157 institutions hold shares in Marathon Petroleum Corporation (MPC), with 3.66M shares held by insiders accounting for 0.56% while institutional investors hold 76.40% of the company’s shares. The shares outstanding are 650.00M, and float is at 646.99M with Short Float at 5.01%. Institutions hold 75.97% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 73.34 million shares valued at $2.15 billion. The investor’s holdings represent 11.27% of the MPC Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 64.72 million shares valued at $1.9 billion to account for 9.95% of the shares outstanding. The other top investors are State Street Corporation which holds 37.56 million shares representing 5.77% and valued at over $1.1 billion, while Morgan Stanley holds 1.85% of the shares totaling 12.07 million with a market value of $354.08 million.
Marathon Petroleum Corporation (MPC) Insider Activity
A total of 38 insider transactions have happened at Marathon Petroleum Corporation (MPC) in the last six months, with sales accounting for 16 and purchases happening 22 times.
Marathon Petroleum Corporation (MPC): Who are the competitors?
The company’s main competitors (and peers) include Valero Energy Corporation (VLO) that is trading -39.37% down over the past 12 months. Delek US Holdings Inc. (DK) is -49.87% down on the 1-year trading charts. Short interest in the company’s stock has risen 5.37% from the last report on Nov 12, 2020 to stand at a total of 30.65 million short shares sold with a short interest ratio of 4.61.