Chevron Corp (NYSE: CVX) is 8.55% higher on its value in year-to-date trading and has touched a low of $135.37 and a high of $167.11 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CVX stock was last observed hovering at around $156.16 in the last trading session, with the day’s gains setting it 1.07%.
Currently trading at $157.23, the stock is 1.59% and 3.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.94 million and changing 0.69% at the moment leaves the stock 2.75% off its SMA200. CVX registered 1.79% gain for a year compared to 6-month gain of 6.76%.
The stock witnessed a -2.63% loss in the last 1 month and extending the period to 3 months gives it a -2.82%, and is -0.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 1.84% over the month.
Chevron Corp (CVX) has around 45600 employees, a market worth around $282.56B and $193.40B in sales. Current P/E ratio is 16.21 and Fwd P/E is 12.91. Profit margin for the company is 9.13%. Distance from 52-week low is 16.15% and -5.91% from its 52-week high. The company has generated returns on investments over the last 12 months (9.99%).
with sales reaching $48.96B over the same period.The EPS is expected to grow by 3.12% this year, but quarterly earnings will post -4.10% year-over-year. Quarterly sales are estimated to grow 0.50% in year-over-year returns.
The shares outstanding are 1.80B, and float is at 1.80B with Short Float at 3.29%.
The top institutional shareholder in the company is STATE STREET CORP with over 158.23 million shares valued at $24.75 billion. The investor’s holdings represent 8.6662 of the CVX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 158.7 million shares valued at $24.82 billion to account for 8.6138 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 127.83 million shares representing 6.9385 and valued at over $20.0 billion, while BERKSHIRE HATHAWAY INC holds 6.4962 of the shares totaling 118.61 million with a market value of $18.55 billion.
Chevron Corp (CVX) Insider Activity
The most recent transaction is an insider sale by GUSTAVSON JEFF B, the company’s Vice President. SEC filings show that GUSTAVSON JEFF B sold 9,325 shares of the company’s common stock on Feb 07 ’25 at a price of $152.50 per share for a total of $1.42 million. Following the sale, the insider now owns 1057.0 shares.
Still, SEC filings show that on Nov 14 ’24, Wirth Michael K (Chairman and CEO) disposed off 164,600 shares at an average price of $160.13 for $26.36 million. The insider now directly holds 4,280 shares of Chevron Corp (CVX).
