On Monday, Chevron Corp (NYSE: CVX) opened higher 0.17% from the last session, before settling in for the closing price of $161.93. Price fluctuations for CVX have ranged from $135.37 to $167.11 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 11.17%. Company’s average yearly earnings per share was noted -20.84% at the time writing. With a float of $1.80 billion, this company’s outstanding shares have now reached $1.80 billion.
Let’s determine the extent of company efficiency that accounts for 45600 employees. In terms of profitability, gross margin is 29.85%, operating margin of 11.27%, and the pretax margin is 12.85%.
Chevron Corp (CVX) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Chevron Corp is 0.03%, while institutional ownership is 75.91%. The most recent insider transaction that took place on Nov 14 ’24, was worth 26,356,838. In this transaction Chairman and CEO of this company sold 164,600 shares at a rate of $160.13, taking the stock ownership to the 4,280 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Director proposed sale 164,600 for $158.72, making the entire transaction worth $26,125,312.
Chevron Corp (CVX) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 3.45 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 3.22) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 7.97% growth over the previous five years of trading.
Chevron Corp (NYSE: CVX) Trading Performance Indicators
Check out the current performance indicators for Chevron Corp (CVX). In the past quarter, the stock posted a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 15.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.09, a number that is poised to hit 2.40 in the next quarter and is forecasted to reach 11.39 in one year’s time.
Technical Analysis of Chevron Corp (CVX)
Looking closely at Chevron Corp (NYSE: CVX), its last 5-days average volume was 7.41 million, which is a drop from its year-to-date volume of 7.64 million. As of the previous 9 days, the stock’s Stochastic %D was 56.20%. Additionally, its Average True Range was 2.51.
During the past 100 days, Chevron Corp’s (CVX) raw stochastic average was set at 91.57%, which indicates a significant increase from 75.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.65% in the past 14 days, which was lower than the 20.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $153.36, while its 200-day Moving Average is $154.11. However, in the short run, Chevron Corp’s stock first resistance to watch stands at $163.40. Second resistance stands at $164.60. The third major resistance level sits at $166.24. If the price goes on to break the first support level at $160.56, it is likely to go to the next support level at $158.92. Should the price break the second support level, the third support level stands at $157.72.
Chevron Corp (NYSE: CVX) Key Stats
There are currently 1,797,091K shares outstanding in the company with a market cap of 291.18 billion. Presently, the company’s annual sales total 200,949 M according to its annual income of 21,369 M. Last quarter, the company’s sales amounted to 50,669 M and its income totaled 4,487 M.
