Chevron Corp. (CVX) 14-day ATR is 2.85: This Stock is Set to Soar Above its Peers

As on Wednesday, Chevron Corp. (NYSE: CVX) started slowly as it slid -1.02% to $159.63, before settling in for the price of $161.27 at the close. Taking a more long-term approach, CVX posted a 52-week range of $139.62-$171.70.

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The Energy Sector giants’ yearly sales growth during the last 5-year period was 11.17%. Meanwhile, its Annual Earning per share during the time was 7.97%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -1.05%. This publicly-traded company’s shares outstanding now amounts to $1.87 billion, simultaneously with a float of $1.84 billion. The organization now has a market capitalization sitting at $294.19 billion. At the time of writing, stock’s 50-day Moving Average stood at $156.99, while the 200-day Moving Average is $155.27.

Chevron Corp. (CVX) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Integrated industry. Chevron Corp.’s current insider ownership accounts for 0.03%, in contrast to 73.90% institutional ownership. According to the most recent insider trade that took place on Apr 25 ’24, this organization’s VP and Controller sold 2,800 shares at the rate of 165.00, making the entire transaction reach 462,000 in total value, affecting insider ownership by 276. Preceding that transaction, on Apr 02 ’24, Company’s VP and Controller sold 2,800 for 160.09, making the whole transaction’s value amount to 448,252. This particular insider is now the holder of 276 in total.

Chevron Corp. (CVX) Earnings and Revenue Records

Chevron Corp.’s EPS decrease for this current 12-month fiscal period is -1.05% and is forecasted to reach 14.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.90% through the next 5 years, which can be compared against the 7.97% growth it accomplished over the previous five years trading on the market.

Chevron Corp. (NYSE: CVX) Trading Performance Indicators

Let’s observe the current performance indicators for Chevron Corp. (CVX). It’s Quick Ratio in the last reported quarter now stands at 1.01. The Stock has managed to achieve an average true range (ATR) of 2.85. Alongside those numbers, its PE Ratio stands at $14.70, and its Beta score is 1.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.51. Similarly, its price to free cash flow for trailing twelve months is now 15.39.

In the same vein, CVX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 10.86, a figure that is expected to reach 3.32 in the next quarter, and analysts are predicting that it will be 14.19 at the market close of one year from today.

Technical Analysis of Chevron Corp. (CVX)

Through scrutinizing the latest numbers posted by the [Chevron Corp., CVX], it can be observed that its last 5-days Average volume of 8.4 million was lower the volume of 8.45 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 51.75% While, its Average True Range was 3.00.

Raw Stochastic average of Chevron Corp. (CVX) in the period of the previous 100 days is set at 72.79%, which indicates a major rise in contrast to 36.01% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 19.60% that was higher than 17.84% volatility it exhibited in the past 100-days period.