Chevron Corporation (NYSE:CVX) fell -0.76% during previous trade. HSBC Securities issued rating on the stock of Chevron Corporation (NYSE:CVX) in a research note issued to investors on Jan-10-17, the stock received “Downgrade” rating from Buy to Hold. Additionally BofA/Merrill issued their verdict on the stock of the company, on record date of Jan-04-17 the stock was “Upgraded” from Neutral to Buy besides that on Dec-15-16 Chevron Corporation (NYSE:CVX) was “Upgraded” by Macquarie from Neutral to Outperform. Furthermore on Nov-15-16 the stock was “Upgraded” by CLSA from Outperform to Buy.
Chevron Corporation (NYSE:CVX) shares ended last trading session at the price of $114.96 whereas a number of traders indicating mean target price will hit $122.54 over the next twelve months, mean value of price target most recently revised on 01/09/17. Chevron Corporation (NYSE:CVX)’s highest estimates of price target are $145 and low forecast is $85 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 10.92. However brokerage recommendations suggests an ABR of 1.59 based on calls of 16 experts, where 10 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 4 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
Chevron Corporation (NYSE:CVX) is expected to release the earnings of its current quarter on 1/27/17Before Market Open. The company is expected to release $0.66 EPS for current quarter according to 19 analysts whereas the company reported $0.26 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.35 and high estimate of $1.15. For the current year Chevron Corporation (NYSE:CVX) has set to release EPS of $1.35 as per the sentiments of 16 analysts, however according to 25 analysts, the company expected to release $4.57 EPS for next year.
Chevron Corporation (NYSE:CVX)’s average revenue estimates for the current quarter are $33.84B according to 4 number of analysts. However its lowest revenue estimates are $30.37B and highest revenue estimates are $38.09B. A year ago the company’s sales were $29.25B. Its yearly sales growth estimates are 15.70%. For the next quarter the company has anticipated average revenues of $34.3B, according to the sentiments of 3 analysts. For the current year the company has fixed $114.51B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $107.25B in contradiction of high revenue estimates of $118.44B. Whereas for the next year revenues are set at $150.2B by 7 analysts.
The stock exchanged hands 6.17M shares versus average trading capacity of 6.69M shares, while its shares’ total market worth is $215.16B along with 1.89B outstanding shares. Chevron Corporation (NYSE:CVX) shares were trading -3.39% below from the 52-week high price mark of $119 and +59.40% above from the 52-week price bottom of $72.12. However the company observed 52 week high price on 01/03/17 and witnessed 52 week low price on 01/20/16. The company’s price sits 2.66% above from its 50-day moving average of $115.47 and 12.20% far from the stock’s 200-day moving average which is $105.89. Chevron Corporation (NYSE:CVX)’s price to sales ratio for trailing twelve month stands at 2.02, whereas its price to book ratio for most recent quarter sits at 1.47. However the company’s price to cash per share for most recent quarter stands at 28.40.