They now have a United States dollars 105 price target on the stock. At present, 1 analysts recommended Selling these shares while 15 recommended Hold, according to FactSet data.
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07/27/2016 – Chevron Corporation had its “equal weight” rating reiterated by analysts at Barclays. 1 analysts hold “Sell” rating for the stock.
07/11/2016 – Chevron Corporation had its “buy” rating reiterated by analysts at Jefferies. Collins Stewart restated a “buy” rating on shares of Chevron Corp.in a research note on Thursday, May 12th. Thirteen research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company.
Production for the three months ended June 30, 2016 averaged 35,879 barrels of oil equivalent per day (Boe/d). Shareholders of record on Friday, August 19th will be paid a $1.07 dividend. This represents a $4.28 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Wednesday, August 17th. (NYSE:CVX) opened at 101.55 on Wednesday. The stock has market worth of $193.90B.
The stock’s 50 day moving average is 103.32 and its 200 day moving average is 97.78. Chevron Corporation (NYSE:CVX) 52-week high is $107.58 and the 52-week low is $69.58.
On the company’s financial health, Chevron Corporation reported $-0.78 EPS for the quarter, missing the analyst consensus estimate by $ -1.10 based on the information available during the earnings call on Jul 29, 2016. The investment management company now holds a total of 33,580 shares of Chevron Corporation which is valued at $3,398,296 after selling 1,170 shares in Chevron Corporation, the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Chevron Corporation makes up approximately 2.52% of Mcmillion Capital Management Inc’s portfolio. During the same period in the previous year, the business earned $0.30 EPS. The firm’s quarterly revenue was down 27.4% compared to the same quarter previous year. Chevron Corp.’s quarterly revenue was down 27.4% on a year-over-year basis.
Many Wall Street Analysts have commented on Chevron Corporation. Alpha Windward LLC now owns 2,715 shares of the company’s stock valued at $285,000 after buying an additional 24 shares in the last quarter. Carnick & Kubik LLC acquired a new stake in shares of Chevron Corp. during the first quarter valued at $188,000. The latest trading activity of 6.94 Million shares is above its average volume of 6.51 Million shares. Exane Derivatives increased its stake in shares of Chevron Corp.by 57.3% in the first quarter. RPg Family Wealth Advisory LLC now owns 1,058 shares of the company’s stock valued at $101,000 after buying an additional 134 shares during the last quarter.
Chevron Corporation is operating with a market capitalization of 192154.93, with a return on assets (ROA) of -0.30% and an average volume of 6530.18. Foreign currency effects increased earnings in the 2016 second quarter by $279 million, compared with a decrease of $251 million a year earlier. Finally, Chicago Equity Partners LLC boosted its stake in shares of Chevron Corp.by 248.8% in the fourth quarter.
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Chevron Corporation manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to the United States and global subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.
