Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on Chevron Corporation (NYSE:CVX). For the current year the company’s revenue estimates are $121.73B compared to low analyst estimates of $115.67B and high estimates of $132.05B according to the projection of 4 analysts.
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Credit Suisse Group AG reaffirmed their neutral rating on shares of Chevron Corp. Thirteen investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. The company reported the earnings of $0.35/Share in the last quarter where the estimated EPS by analysts was $0.32/share. Barclays PLC restated an “equal weight” rating and issued a $125.00 price objective on shares of Chevron Corp.in a research note on Thursday, July 28th.
Chevron Corporation is trading up 42.18% versus 12-month low of $74.31 and stands -5.19 lower from its 1-year peak of $107.58. Chevron Corp. has an average rating of “Buy” and a consensus price target of $101.26. (NYSE:CVX) opened at 102.43 on Tuesday. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.08% where SMA50 and SMA200 are 0.41% and 9.3% respectively. The stock’s market capitalization is 194.70B.
Chevron Corp. (NYSE:CVX) last posted its quarterly earnings data on Friday, July 29th. For the reporting quarter, equity analysts expect the stock to deliver $0.43 in earnings per share (EPS).
During last 3 month it remained at 0.85%. Chevron Corp.’s quarterly revenue was down 27.4% on a year-over-year basis.
While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 1.81.
The company also recently announced a quarterly dividend, which will be paid on Monday, September 12th. Stockholders of record on Friday, August 19th will be given a dividend of $1.07 per share.
Chevron Corporation annual Divided is 4.28 while it’s Dividend Yield is 4.18%. The ex-dividend date of this dividend is Wednesday, August 17th.
Insider Activity: Corporate insiders look mixed about the outlook of the company stock that they seem to trade shares both ways while they have 18.27 jumped so far this year. The stock was sold at an average price of $98.77, for a total value of $2,074,170.00. Following the sale, the insider now owns 7,535 shares of the company’s stock, valued at $766,309.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Pierre R. Breber sold 21,000 shares of the company’s stock in a transaction on Tuesday, August 2nd. The shares were bought at an average cost of $102.87 per share, with a total value of $50,097.69. The stock traded with the volume of 5.42 Million in the last trading session.
A number of large investors have added to or reduced their stakes in CVX. Hamel Associates Inc. boosted its position in shares of Chevron Corp.by 0.7% in the fourth quarter. Finally, Wedge Capital Management L L P NC raised its stake in shares of Chevron Corp.by 0.7% in the second quarter. The last trading session volume compares with the 6.46M average and market worth floats around $190.41B. Chevron Corporation (NYSE:CVX)’s shares are now trading -3.78% away from the 52-week high price of $106.46 and +44.29% far from the 52-week low price of $70.99.
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Chevron Corporation has its YTD performance of 17.75 Percent.
