Chevron Corporation (NYSE:CVX) went up by 2.70% from its latest closing price compared to the recent 1-year high of $111.07. The company’s stock price has collected 6.31% of gains in the last five trading sessions.
Is It Worth Investing in Chevron Corporation (NYSE :CVX) Right Now?
Plus, the 36-month beta value for CVX is at 1.35. Opinions of the stock are interesting as 17 analysts out of 28 who provided ratings for Chevron Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $105.62, which is $5.38 above the current price. CVX currently public float of 1.82B and currently shorts hold a 0.81% ratio of that float. Today, the average trading volume of CVX was 10.20M shares.
CVX’s Market Performance
CVX stocks went up by 6.31% for the week, with a monthly jump of 6.93% and a quarterly performance of 16.74%, while its annual performance rate touched -9.74%. The volatility ratio for the week stands at 2.14% while the volatility levels for the past 30 days are set at 2.42% for Chevron Corporation. The simple moving average for the period of the last 20 days is 8.45% for CVX stocks with a simple moving average of 14.57% for the last 200 days.
Analysts’ Opinion of CVX
Many brokerage firms have already submitted their reports for CVX stocks, with Jefferies repeating the rating for CVX by listing it as a “Hold.” The predicted price for CVX in the upcoming period, according to Jefferies is $98 based on the research report published on January 21st of the current year 2021.
Scotiabank, on the other hand, stated in their research note that they expect to see CVX reach a price target of $110, previously predicting the price at $95. The rating they have provided for CVX stocks is “Sector Outperform” according to the report published on January 14th, 2021.
HSBC Securities gave a rating of “Buy” to CVX, setting the target price at $105 in the report published on January 14th of the current year.
CVX Trading at 9.40% 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 -11.42% of loss for the given period.
Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +7.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.48% upper at present.
During the last 5 trading sessions, CVX rose by +6.31%, which changed the moving average for the period of 200-days by +9.26% in comparison to the 20-day moving average, which settled at $91.06. In addition, Chevron Corporation saw 16.51% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CVX starting from HEWSON MARILLYN A, who purchase 3,200 shares at the price of $95.21 back on Feb 18. After this action, HEWSON MARILLYN A now owns 4,261 shares of Chevron Corporation, valued at $304,684 using the latest closing price.
Breber Pierre R, the VP & Chief Financial Officer of Chevron Corporation, sale 13,000 shares at $95.00 during a trade that took place back on Jan 20, which means that Breber Pierre R is holding 686 shares at $1,235,000 based on the most recent closing price.
Stock Fundamentals for CVX
Current profitability levels for the company are sitting at:
- -7.39 for the present operating margin
- -2.62 for the gross margin
The net margin for Chevron Corporation stands at -5.87. The total capital return value is set at -3.97, while invested capital returns managed to touch -3.20. Equity return is now at value -6.30, with -3.80 for asset returns.
Based on Chevron Corporation (CVX), the company’s capital structure generated 33.65 points at debt to equity in total, while total debt to capital is 25.18. Total debt to assets is 18.48, with long-term debt to equity ratio resting at 33.65. Finally, the long-term debt to capital ratio is 25.18.
When we switch over and look at the enterprise to sales, we see a ratio of 2.08, with the company’s debt to enterprise value settled at 0.23.