Chevron Corp (NYSE: CVX) has a higher price-to-earnings ratio of 17.77x compared to its average ratio. CVX has 36-month beta value of 1.10. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 11 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for CVX is 1.80B, and currently, short sellers hold a 3.39% ratio of that float. The average trading volume of CVX on January 20, 2025 was 8.04M shares.
CVX) stock’s latest price update
Chevron Corp (NYSE: CVX)’s stock price has plunge by 1.31relation to previous closing price of 159.38. Nevertheless, the company has seen a 5.44% surge in its stock price over the last five trading sessions. fool.com reported 2025-01-19 that You should always aspire to have a good understanding of the companies you decide to invest in. There will be times when Wall Street throws you a curve ball, of course, but most of the time, businesses are fairly easy to understand.
CVX’s Market Performance
Chevron Corp (CVX) has experienced a 5.44% rise in stock performance for the past week, with a 8.11% rise in the past month, and a 8.57% rise in the past quarter. The volatility ratio for the week is 1.66%, and the volatility levels for the past 30 days are at 1.72% for CVX. The simple moving average for the last 20 days is 8.48% for CVX stock, with a simple moving average of 5.07% for the last 200 days.
Analysts’ Opinion of CVX
Many brokerage firms have already submitted their reports for CVX stocks, with Citigroup repeating the rating for CVX by listing it as a “Buy.” The predicted price for CVX in the upcoming period, according to Citigroup is $185 based on the research report published on November 26, 2024 of the previous year 2024.
DZ Bank, on the other hand, stated in their research note that they expect to see CVX reach a price target of $170. The rating they have provided for CVX stocks is “Buy” according to the report published on November 05th, 2024.
BofA Securities gave a rating of “Buy” to CVX, setting the target price at $168 in the report published on October 17th of the previous year.
CVX Trading at 4.56% 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 -3.38% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 1.66%, as shares surge +9.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.87% upper at present.
During the last 5 trading sessions, CVX rose by +5.44%, which changed the moving average for the period of 200-days by +1.06% in comparison to the 20-day moving average, which settled at $148.85. In addition, Chevron Corp saw 11.48% 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 Wirth Michael K, who sale 164,600 shares at the price of $160.13 back on Nov 14 ’24. After this action, Wirth Michael K now owns 4,280 shares of Chevron Corp, valued at $26,356,838 using the latest closing price.
MICHAEL K WIRTH, the Director of Chevron Corp, proposed sale 164,600 shares at $158.72 during a trade that took place back on Nov 14 ’24, which means that MICHAEL K WIRTH is holding shares at $26,125,312 based on the most recent closing price.
Stock Fundamentals for CVX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.3 for the gross margin
The net margin for Chevron Corp stands at 0.09. The total capital return value is set at 0.1. Equity return is now at value 10.38, with 6.38 for asset returns.
Based on Chevron Corp (CVX), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 1.36. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is 42.54.
Currently, EBITDA for the company is 45.63 billion with net debt to EBITDA at 0.48. When we switch over and look at the enterprise to sales, we see a ratio of 1.6. The receivables turnover for the company is 9.9for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
To put it simply, Chevron Corp (CVX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
