Chevron Corp (NYSE:CVX) shares traded 0.62% up during most recent session to reach at the closing price of $124.67. The stock exchanged hands 4.71 Million shares versus average trading capacity of 6.99 Million shares, yielding a market cap of $237.5 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $137.23 within the next 52-weeks. The mean target projections are based on 23 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Chevron Corp (NYSE:CVX) high price target of $152 and with a conservative view have low price target of $117.
Barclays “Maintained” Chevron Corp (NYSE:CVX) in a research note issued to investors on 3/06/19 to Overweight with price target of $150.
Additionally on 3/01/19 Tudor Pickering “Initiates Coverage On” Chevron Corp (NYSE:CVX) to Buy setting price target at $0 and on 1/18/19 UBS “Upgrades” the stock to Buy at $0. Furthermore on 1/14/19 HSBC “Downgrades” the stock to Hold at $122.
On the other hand the company has Relative Strength Index (RSI 14) of 69.05 along with Average True Range (ATR 14) of 1.88, Consequently Chevron Corp (NYSE:CVX)’s weekly and monthly volatility is 1.41%, 1.39% respectively. The company’s beta value is at 1.
In terms of Buy, Sell or Hold recommendations, Chevron Corp (NYSE:CVX) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Chevron Corp (NYSE:CVX)’s minimum EPS for the current quarter is at $1 and can go high up to $1.93. The consensus mean EPS for the current quarter is at $1.43 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.9 earnings per share for the same quarter during last year.
Previously Chevron Corp (NYSE:CVX) reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.08. The company posted an earnings surprise of 4.3%.
Chevron Corp (NYSE:CVX)’s revenue estimates for the current quarter are $36.9 Billion according to 6 number of analysts, for the current quarter the company has high revenue estimates of $38.69 Billion in contradiction of low revenue estimates of $34.68 Billion. For the current year the company’s revenue estimates are $157.37 Billion compared to low analyst estimates of $144.68 Billion and high estimates of $177.99 Billion according to 11 number of analysts.
Currently Chevron Corp (NYSE:CVX)’s shares owned by insiders are 0.05%, whereas shares owned by institutional owners are 67.8%. However the six-month change in the insider ownership was recorded -3.91%, as well as three-month change in the institutional ownership was recorded 0.43%.
Chevron Corp (NYSE:CVX)’s trailing twelve month revenues are $158.77 Billion, whereas its price to sales ratio for the same period is 1.5. Its book value per share for the most recent quarter is $81.56 while its price to book ratio for the same period is 1.53, as for as the company’s cash per share for the most recent quarter is $5.43, however its price to cash per share ratio for the same period is 22.96. The stock has 5 year expected PEG ratio of 0.43 whereas its trailing twelve month P/E ratio is 16.12.