Currently, Chevron Corp [CVX] is trading at $155.35, up 1.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CVX shares have gain 5.07% over the last week, with a monthly amount drifted -1.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Chevron Corp [NYSE: CVX] stock has seen the most recent analyst activity on November 26, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $185 from $145. Previously, DZ Bank upgraded its rating to Buy on November 05, 2024, and kept the price target unchanged to $170. Bernstein downgraded its rating to a Mkt Perform and reduced its price target to $167 on July 17, 2024. TD Cowen reiterated a Hold rating for this stock on April 29, 2024, and upped its price target to $160. In a note dated April 11, 2024, Scotiabank upgraded an Sector Outperform rating on this stock but restated the target price of $195.
This stock has fluctuated between a low of $135.37 and a high of $167.11 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $170.33 within the next 12 months. Chevron Corp [NYSE: CVX] shares were valued at $155.35 at the most recent close of the market. An investor can expect a potential return of 9.64% based on the average CVX price forecast.
Analyzing the CVX fundamentals
Trailing Twelve Months sales for Chevron Corp [NYSE:CVX] were 193.86B which represents -7.02% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.1 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
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 153.78 points at the first support level, and at 152.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 157.13, and for the 2nd resistance point, it is at 158.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Chevron Corp [NYSE:CVX] is 1.07. Also, the Quick Ratio is 0.80, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 17.10.
Transactions by insiders
Recent insider trading involved Wirth Michael K, Chairman and CEO, that happened on Nov 14 ’24 when 0.16 million shares were sold. Director, MICHAEL K WIRTH completed a deal on Nov 14 ’24 to buy 0.16 million shares. Meanwhile, Vice President GUSTAVSON JEFF B sold 3750.0 shares on May 21 ’24.
