The share price of Chevron Corporation [NYSE: CVX] inclined by $121.42, presently trading at $121.66. The company’s shares saw 21.39% gains compared to the lowest price in the period of the last 52 weeks, set at $100.22 recorded on 09/12/19. The last few days have been benevolent to the share price as CVX jumped by +2.92% during the last week, even though the stock is still down by -1.28% compared to 3.45 of all time high it touched on 09/10/19. However, the stock had a strong performance during the past 3 months, roughly losing -0.79%, while additionally gaining 5.56% during the last 12 months. Chevron Corporation is said to have a 12-month price target set at $138.79. That means that the stock has a strong potential to acquire 17.13% increase from the current trading price.
Chevron Corporation [NYSE:CVX]: Analyst Rating and Earnings
Its stock price has been found in the range of 100.22 to 127.60. This is compared to its latest closing price of $121.42.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Fri 1 Nov (In 49 Days).
Fundamental Analysis of Chevron Corporation [CVX]
Now let’s turn to look at profitability: with a current Operating Margin for Chevron Corporation [CVX] sitting at +8.68 and its Gross Margin at +14.52, this company’s Net Margin is now 9.60%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 7.29, and its Return on Invested Capital has reached 5.10%. Its Return on Equity is 9.80, and its Return on Assets is 5.84. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates CVX financial performance.
Turning to investigate this organization’s capital structure, Chevron Corporation [CVX] has generated a Total Debt to Total Equity ratio of 22.30. Similarly, its Total Debt to Total Capital is 18.23, while its Total Debt to Total Assets stands at 13.57. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 14.97, and its Long-Term Debt to Total Capital is 18.59.
What about valuation? This company’s Enterprise Value to EBITDA is 7.29 and its Total Debt to EBITDA Value is 1.02. The Enterprise Value to Sales for this firm is now 1.62, and its Total Debt to Enterprise Value stands at 0.15. Chevron Corporation [CVX] has a Price to Book Ratio of 1.34, a Price to Cash Flow Ratio of 6.80 and P/E Ratio of 15.75. These metrics all suggest that Chevron Corporation is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Chevron Corporation [CVX] earns $3,266,811 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 10.44 and its Total Asset Turnover is 0.63. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.04 and its Current Ratio is 1.25. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Chevron Corporation [CVX] has 1.89B shares outstanding, amounting to a total market cap of $229.30B. Its stock price has been found in the range of 100.22 to 127.60. At its current price, it has moved down by -4.66% from its 52-week high, and it has moved up 21.39% from its 52-week low.
This stock’s Beta value is currently 1.00, which indicates that it is 1.79% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.68. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Chevron Corporation [CVX] a Reliable Buy?
Shares of Chevron Corporation [CVX], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.