In recent trading session, Chevron Corp. (NYSE:CVX) saw 2.58 million shares changing hands at last check today with its beta currently measuring 1.12. Company’s recent per share price level of $157.78 trading at -$2.95 or -1.84% at last check today assigns it a market valuation of $290.78B. That most recent trading price of CVX’s stock is at a discount of -8.82% from its 52-week high price of $171.70 and is indicating a premium of 11.51% from its 52-week low price of $139.62. Taking a look at company’s average trading volume of 8.07 million if we extend that period to 3-months.
Chevron Corp. (NYSE:CVX) trade information
Upright in the red during last session for losing -1.84%, in the last five days CVX remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $157.78 price level, adding 5.58% to its value on the day. Chevron Corp.’s shares saw a change of 5.78% in year-to-date performance and have moved -4.89% in past 5-day. Chevron Corp. (NYSE:CVX) showed a performance of -1.81% in past 30-days.
Chevron Corp. (CVX) estimates and forecasts
Statistics highlight that Chevron Corp. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 9.58% of value to its shares in past 6 months, showing an annual growth rate of 3.05% while that of industry is -1.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.90% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 51.86B for the same. And 8 analysts are in estimates of company making revenue of 51B in the next quarter. Company posted 48.9B and 46.92B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.97% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -1.15% while estimates for its earnings growth in next 5 years are of 1.90%.
CVX Dividends
Chevron Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
