Chevron Corp (NYSE: CVX) is -7.67% lower on its value in year-to-date trading and has touched a low of $132.04 and a high of $168.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CVX stock was last observed hovering at around $137.87 in the last trading session, with the day’s loss setting it -4.14%.
Currently trading at $133.73, the stock is -10.96% and -13.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.97 million and changing -3.00% at the moment leaves the stock -12.04% off its SMA200. CVX registered -14.49% loss for a year compared to 6-month gain of -10.09%. The firm has a 50-day simple moving average (SMA 50) of $154.0582 and a 200-day simple moving average (SMA200) of $152.033.
The stock witnessed a -18.84% loss in the last 1 month and extending the period to 3 months gives it a -17.18%, and is -1.40% 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 2.58% over the week and 3.36% over the month.
Chevron Corp (CVX) has around 45298 employees, a market worth around $233.59B and $193.47B in sales. Current P/E ratio is 13.79 and Fwd P/E is 12.19. Profit margin for the company is 9.13%. Distance from 52-week low is 1.28% and -20.85% from its 52-week high. The company has generated returns on investments over the last 12 months (10.03%).
with sales reaching $48.06B over the same period.The EPS is expected to shrink by -11.27% this year, but quarterly earnings will post -6.05% year-over-year. Quarterly sales are estimated to shrink -1.35% in year-over-year returns.
Chevron Corp (CVX) Top Institutional Holders
4408.0 institutions hold shares in Chevron Corp (CVX), with institutional investors hold 76.06% of the company’s shares. The shares outstanding are 1.77B, and float is at 1.75B with Short Float at 3.63%. Institutions hold 70.85% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 158.7 million shares valued at $24.82 billion. The investor’s holdings represent 8.6918% of the CVX Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 158.23 million shares valued at $24.75 billion to account for 8.6662 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 127.83 million shares representing 7.0014% 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).
