Chevron Corp (NYSE: CVX) is -3.65% 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 $137.84 in the last trading session, with the day’s gains setting it 1.71%.
Currently trading at $139.55, the stock is 0.91% and -2.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.99 million and changing 1.24% at the moment leaves the stock -6.83% off its SMA200. CVX registered -11.82% loss for a year compared to 6-month loss of -13.92%. The firm has a 50-day simple moving average (SMA 50) of $142.946 and a 200-day simple moving average (SMA200) of $149.77295.
The stock witnessed a 0.76% gain in the last 1 month and extending the period to 3 months gives it a -8.19%, and is 1.25% up 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 1.04% over the week and 1.14% over the month.
Chevron Corp (CVX) has around 45298 employees, a market worth around $243.71B and $192.98B in sales. Current P/E ratio is 16.00 and Fwd P/E is 14.28. Profit margin for the company is 8.11%. Distance from 52-week low is 5.69% and -17.41% from its 52-week high. The company has generated returns on investments over the last 12 months (8.96%).
with sales reaching $44.59B over the same period.The EPS is expected to shrink by -21.99% this year, but quarterly earnings will post -8.74% year-over-year. Quarterly sales are estimated to shrink -12.88% in year-over-year returns.
Chevron Corp (CVX) Top Institutional Holders
4514.0 institutions hold shares in Chevron Corp (CVX), with institutional investors hold 75.87% of the company’s shares. The shares outstanding are 1.75B, and float is at 1.75B with Short Float at 3.85%. Institutions hold 70.67% 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’sVice 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).
