At the time of writing, Chevron Corp [CVX] stock is trading at $157.44, up 1.07%. An important factor to consider is whether the stock is rising or falling in short-term value. The CVX shares have gain 2.75% over the last week, with a monthly amount glided 2.81%, and 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.
For the past year, the stock price of Chevron Corp fluctuated between $135.37 and $167.11. Currently, Wall Street analysts expect the stock to reach $167.6 within the next 12 months. Chevron Corp [NYSE: CVX] shares were valued at $157.44 at the most recent close of the market. An investor can expect a potential return of 6.45% based on the average CVX price forecast.
Analyzing the CVX fundamentals
According to Chevron Corp [NYSE:CVX], the company’s sales were 193.40B for trailing twelve months, which represents an -0.95% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.11 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
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 156.14 points at the first support level, and at 154.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 158.73, and for the 2nd resistance point, it is at 160.01.
Ratios To Look Out For
It is important to note that Chevron Corp [NYSE:CVX] has a current ratio of 1.07. On the other hand, the Quick Ratio is 0.80. Considering the valuation of this stock, the price to sales ratio is 1.46, the price to book ratio is 1.81 and price to earnings (TTM) ratio is 16.23.
Transactions by insiders
Recent insider trading involved GUSTAVSON JEFF B, Vice President, that happened on Feb 07 ’25 when 9325.0 shares were sold. Officer, JEFF B GUSTAVSON completed a deal on Feb 07 ’25 to buy 9325.0 shares. Meanwhile, Chairman and CEO Wirth Michael K sold 0.16 million shares on Nov 14 ’24.
