In the latest quarter, 12 analysts provided ratings for Marathon Petroleum MPC, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 5 | 6 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 3 | 2 | 0 | 0 |
| 2M Ago | 1 | 1 | 3 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Marathon Petroleum, revealing an average target of $205.92, a high estimate of $230.00, and a low estimate of $168.00. This current average has increased by 14.61% from the previous average price target of $179.67.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of Marathon Petroleum's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nitin Kumar | Mizuho | Lowers | Neutral | $200.00 | $202.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $202.00 | $201.00 |
| Paul Cheng | Scotiabank | Raises | Sector Outperform | $207.00 | $175.00 |
| Theresa Chen | Barclays | Raises | Overweight | $221.00 | $168.00 |
| Ryan Todd | Piper Sandler | Raises | Neutral | $204.00 | $159.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $227.00 | $214.00 |
| John Royall | JP Morgan | Raises | Neutral | $186.00 | $172.00 |
| Neil Mehta | Goldman Sachs | Raises | Buy | $211.00 | $175.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $201.00 | $159.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $214.00 | $183.00 |
| Doug Leggate | B of A Securities | Raises | Neutral | $230.00 | $185.00 |
| Theresa Chen | Barclays | Raises | Overweight | $168.00 | $163.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Marathon Petroleum. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Marathon Petroleum compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Marathon Petroleum's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Marathon Petroleum's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Marathon Petroleum analyst ratings.
Get to Know Marathon Petroleum Better
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.
Marathon Petroleum's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Negative Revenue Trend: Examining Marathon Petroleum's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -8.94% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Marathon Petroleum's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 4.0%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.77%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Marathon Petroleum's ROA excels beyond industry benchmarks, reaching 1.65%. This signifies efficient management of assets and strong financial health.
Debt Management: Marathon Petroleum's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.17, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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