Providing a diverse range of perspectives from bullish to bearish, 14 analysts have published ratings on Marathon Petroleum MPC in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 5 | 8 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 3 | 0 | 0 |
| 3M Ago | 0 | 3 | 3 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $204.07, a high estimate of $230.00, and a low estimate of $168.00. Observing a 3.1% increase, the current average has risen from the previous average price target of $197.93.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Marathon Petroleum among financial experts becomes clear 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 | $201.00 | $203.00 |
| Ryan Todd | Piper Sandler | Lowers | Neutral | $168.00 | $190.00 |
| Roger Read | Wells Fargo | Lowers | Overweight | $223.00 | $227.00 |
| Justin Jenkins | Raymond James | Lowers | Strong Buy | $230.00 | $235.00 |
| Ryan Todd | Piper Sandler | Lowers | Neutral | $190.00 | $204.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $203.00 | $200.00 |
| Theresa Chen | Barclays | Lowers | Overweight | $195.00 | $221.00 |
| 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 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Marathon Petroleum. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Marathon Petroleum compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Marathon Petroleum's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Marathon Petroleum's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Marathon Petroleum analyst ratings.
Discovering Marathon Petroleum: A Closer Look
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: A Financial Overview
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Challenges: Marathon Petroleum's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -6.19%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Marathon Petroleum's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.86% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.96%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.09%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.24, caution is advised due to increased financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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