At the time of writing, Chevron Corp. [CVX] stock is trading at $155.13, up 1.41%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CVX shares have lost -1.03% over the last week, with a monthly amount drifted -0.61%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Chevron Corp. [NYSE: CVX] stock has seen the most recent analyst activity on April 29, 2024, when TD Cowen reiterated its Hold rating and also boosted its price target to $160 from $155. Previously, Scotiabank upgraded its rating to Sector Outperform on April 11, 2024, and kept the price target unchanged to $195. On April 10, 2024, Barclays initiated with a Overweight rating and assigned a price target of $203 on the stock. DZ Bank downgraded its rating to a Hold but stick to its price target of $160 on February 06, 2024. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $150 on January 23, 2024. Scotiabank downgraded its rating to Sector Perform for this stock on January 16, 2024. In a note dated January 08, 2024, Jefferies upgraded an Buy rating on this stock but restated the target price of $184.
For the past year, the stock price of Chevron Corp. fluctuated between $139.62 and $171.70. Currently, Wall Street analysts expect the stock to reach $176.56 within the next 12 months. Chevron Corp. [NYSE: CVX] shares were valued at $155.13 at the most recent close of the market. An investor can expect a potential return of 13.81% based on the average CVX price forecast.
Analyzing the CVX fundamentals
According to Chevron Corp. [NYSE:CVX], the company’s sales were 195.02B for trailing twelve months, which represents an -4.50% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.12 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 153.14 points at the first support level, and at 151.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 156.28, and for the 2nd resistance point, it is at 157.43.
Ratios To Look Out For
It is important to note that Chevron Corp. [NYSE:CVX] has a current ratio of 1.23. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 14.28.
Transactions by insiders
Recent insider trading involved GUSTAVSON JEFF B, Vice President, that happened on May 21 ’24 when 3750.0 shares were sold. Director, HERNANDEZ ENRIQUE JR completed a deal on May 10 ’24 to sell 2549.0 shares. Meanwhile, Director HERNANDEZ ENRIQUE JR sold 5098.0 shares on May 06 ’24.
