Chevron Corporation (NYSE:CVX) went up by 0.95% from its latest closing price compared to the recent 1-year high of $119.09. The company’s stock price has collected 7.85% of gains in the last five trading sessions.
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Is It Worth Investing in Chevron Corporation (NYSE :CVX) Right Now?
Plus, the 36-month beta value for CVX is at 1.34. Opinions of the stock are interesting as 13 analysts out of 25 who provided ratings for Chevron Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $103.30, which is $11.74 above the current price. CVX currently public float of 1.87B and currently shorts hold a 0.93% ratio of that float. Today, the average trading volume of CVX was 11.05M shares.
CVX’s Market Performance
CVX stocks went up by 7.85% for the week, with a monthly drop of -0.50% and a quarterly performance of 21.08%, while its annual performance rate touched -22.49%. The volatility ratio for the week stands at 2.86% while the volatility levels for the past 30 days are set at 2.67% for Chevron Corporation. The simple moving average for the period of the last 20 days is 3.98% for CVX stocks with a simple moving average of 7.69% for the last 200 days.
Analysts’ Opinion of CVX
Many brokerage firms have already submitted their reports for CVX stocks, with Piper Sandler repeating the rating for CVX by listing it as a “Overweight.” The predicted price for CVX in the upcoming period, according to Piper Sandler is $113 based on the research report published on January 08th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see CVX reach a price target of $105. The rating they have provided for CVX stocks is “Equal Weight” according to the report published on December 15th, 2020.
Cowen gave a rating of “Outperform” to CVX, setting the target price at $95 in the report published on December 09th of the previous year.
CVX Trading at 7.76% 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 -23.52% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares surge +0.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.03% upper at present.
During the last 5 trading sessions, CVX rose by +7.85%, which changed the moving average for the period of 200-days by +31.49% in comparison to the 20-day moving average, which settled at $87.62. In addition, Chevron Corporation saw 7.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVX starting from INCHAUSTI DAVID A, who sale 5,000 shares at the price of $95.25 back on Nov 24. After this action, INCHAUSTI DAVID A now owns 0 shares of Chevron Corporation, valued at $476,250 using the latest closing price.
Frank John, the Director of Chevron Corporation, purchase 500 shares at $71.30 during a trade that took place back on Nov 06, which means that Frank John is holding 2,650 shares at $35,651 based on the most recent closing price.
Stock Fundamentals for CVX
Current profitability levels for the company are sitting at:
- +7.70 for the present operating margin
- +13.90 for the gross margin
The net margin for Chevron Corporation stands at +2.09. The total capital return value is set at 5.89, while invested capital returns managed to touch 1.65. Equity return is now at value -8.30, with -5.00 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.
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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.
