Looking at top Wall Street opinions, Marathon Petroleum Corporation (NYSE: MPC) has recently made its way into the research list of Cowen – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Market Perform in the eyes of Cowen, whereas its previous rating was Outperform in the eyes of Cowen, as reported on Friday, May 10th, 2019. Another heavy-hitting research note was published by Cowen on Monday May 6th, 2019, with this firm Reiterated MPC to an updated rating of Outperform. In the past six months and three months of trading, shares of Marathon Petroleum Corporation (MPC) have moved by -24.21% and -17.07%, respectively.
Brokerage Updates Related to Marathon Petroleum Corporation (MPC) Stock
This publicly-traded organization generated losses of -13.66% over the last 5 sessions. Right now, this stock is the subject of 17 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 7 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $86.93. Moreover, individual price targets range between $65.00-$100.00. With its recent move to $80.00, we can see that these firms project this stock will loss by -33.65% in one year.
Updates from Marathon Petroleum Corporation (MPC) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.40% rise since the beginning of the calendar year. A Chairman, CEO at Marathon Petroleum Corporation (MPC) sold off some of its shares in a transaction that was finalized on Feb 22. DAVIS STEVEN A bought 3,500 shares of the organization’s stock at $62.14 apiece and racked up $217,490 in earnings from the purchase. Now, DAVIS STEVEN A holds 3,620 shares of the company following the exchange. A Director of the organization named DAVIS STEVEN A, was engaged in a transaction that occurred on Nov 20 that managed to be worth $122,936 from the purchase of 2,000 common shares at a price of $61.47 per individual share.
Marathon Petroleum Corporation (NYSE:MPC) Results in the Pipeline
The next scheduled release of financial results for Marathon Petroleum Corporation will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.05. In the same vein, they expect sales for the quarter to amount to $26,752.80 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $28,615.00 million in revenue alongside EPS at -$0.09. On average, the analyst projection was calling for $32,541.00 million with $2.22 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $23,132.00 million, with earnings per share ending up at $1.62.
BGC Partners, Inc. (NASDAQ:BGCP) experienced a drop of -1.44% from the closing price in the previous trading day. That drove the price to $4.78 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,877,698 shares of stock – compared to the typical average of 2.30M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $8.50.
Pricing Indications for BGC Partners, Inc. (BGCP)
This organization has had a price-to-earnings ratio of 20.25 in the last year. Meanwhile, it gained 5.50 from its observable 50-day simple moving average. Right at this moment, the per-share value is -25.67% lower than the mean per-share price over the last 200 days in the market.
BGC Partners, Inc. (NASDAQ:BGCP) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 0 have an outperform rating, while 0 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
BGCP Stock Value Potential
In trading activity as of late, this stock’s value was 8.21 up from its 200 day moving average, while also -13.62% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $8.00-$9.00. The market value for the entire organization reached 2.44B. In the last trading session, the price ended the day at $4.85. The institutional holdings related to this organization account for 5.60%, and the Beta factor is now 1.49. This company’s RSI (Relative Strength Index) managed to hit 26.02.
BGC Partners, Inc. (NASDAQ:BGCP) Analyst Points of Focus
BGC Partners, Inc. (BGCP) has found itself inside of Raymond James’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Strong Buy, by Raymond James, as garnered from a news report on Wednesday July 29th, 2015. An additional helpful research note was sent out by Raymond James’s on Monday July 6th, 2015. The brokerage decided to upgrade BGCP to Strong Buy from its previous rating of Outperform.