Chevron Corporation (NYSE:CVX) went up by 2.12% from its latest closing price compared to the recent 1-year high of $122.94. The company’s stock price has collected -1.66% of loss in the last five trading sessions. Press Release reported 4 hours ago that Vontier Set to Join S&P 500
Is It Worth Investing in Chevron Corporation (NYSE :CVX) Right Now?
Plus, the 36-month beta value for CVX is at 1.22. Opinions of the stock are interesting as 15 analysts out of 26 who provided ratings for Chevron Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $97.43, which is $26.38 above the current price. CVX currently public float of 1.87B and currently shorts hold a 1.12% ratio of that float. Today, the average trading volume of CVX was 9.75M shares.
CVX’s Market Performance
CVX stocks went down by -1.66% for the week, with a monthly drop of -11.64% and a quarterly performance of -15.77%, while its annual performance rate touched -36.14%. The volatility ratio for the week stands at 3.14% while the volatility levels for the past 30 days are set at 3.04% for Chevron Corporation. The simple moving average for the period of the last 20 days is -3.89% for CVX stocks with a simple moving average of -20.85% for the last 200 days.
Analysts’ Opinion of CVX
Many brokerage firms have already submitted their reports for CVX stocks, with BofA Securities repeating the rating for CVX by listing it as a “Buy.” The predicted price for CVX in the upcoming period, according to BofA Securities is $96 based on the research report published on September 28th of the current year 2020.
MKM Partners, on the other hand, stated in their research note that they expect to see CVX reach a price target of $121. The rating they have provided for CVX stocks is “Buy” according to the report published on September 24th, 2020.
Scotiabank gave a rating of “Sector Perform” to CVX, setting the target price at $95 in the report published on September 24th of the current year.
CVX Trading at -11.82% from the 50-Day Moving Average
After a stumble in the market that brought CVX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.87% of loss for the given period.
Volatility was left at 3.04%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares sank -11.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.34% lower at present.
During the last 5 trading sessions, CVX fell by -1.66%, which changed the moving average for the period of 200-days by -38.68% in comparison to the 20-day moving average, which settled at $75.18. In addition, Chevron Corporation saw -39.67% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CVX starting from INCHAUSTI DAVID A, who sale 5,750 shares at the price of $92.00 back on Aug 11. After this action, INCHAUSTI DAVID A now owns 0 shares of Chevron Corporation, valued at $529,000 using the latest closing price.
Frank John, the Director of Chevron Corporation, purchase 500 shares at $91.79 during a trade that took place back on Feb 28, which means that Frank John is holding 2,150 shares at $45,893 based on the most recent closing price.
Stock Fundamentals for CVX
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- +6.20 for the gross margin
The net margin for Chevron Corporation stands at +2.09. The total capital return value is set at 0.00, while invested capital returns managed to touch 1.65. Equity return is now at value -6.00, with -3.60 for asset returns.
Based on Chevron Corporation (CVX), the company’s capital structure generated 21.40 points at debt to equity in total, while total debt to capital is 17.63. Total debt to assets is 13.00, with long-term debt to equity ratio resting at 18.24. Finally, the long-term debt to capital ratio is 15.02.
Currently, EBITDA for the company is -245.00M with total debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.81, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 9.88 and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.