Short-Term Indicators Showing Strength for Chevron Corporation (CVX)

Wirth Michael K, Chairman and CEO, subtracted 33,750 shares of Chevron Corporation (CVX) from its portfolio at the rate of $125.60 per share valuing $4,238,852 on Jun 21. The insider left behind 0 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Chevron Corporation (CVX) was $125.43. Currently, the 1st Resistance Point for this stock is $125.87, with a 2nd Resistance Point sitting at $126.31. Meanwhile, this company’s stock has a 1st Support Level at $124.80 and a 2nd Support Level at $124.16. Chevron Corporation (CVX) stock has gained $2.08, or 1.69%, in the past five days. In the last full month, these shares have gained $4.26, or 3.52%. In the past three months, this stock’s price has fallen by -$0.56, or -0.44%. This year-to-date, Chevron Corporation (CVX) shares have gained $16.64, or 15.30%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Chevron Corporation (CVX) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 33% of long-term indicators suggest that this stock is a “ Buy .”

With 1,904,738 K shares outstanding, this company currently has a market capitalization of $238,911,296K. Chevron Corporation (CVX) generates $166,339 M in annual sales, amounting to annual net income of $14,824 M. This stock has generated a 1-Year Total Return of 1.55%, a 3-Year Total Return of 17.19%, and a 5-year Total Return of -3.80%. This stock’s 5-Year Dividend Growth is 14.87%, with its most recent dividend valued at $1.190 per share on 05/16/19. Its Annual Dividend Yield is 3.79%, and its Annual Dividend Rate is 4.76.

In the most recently-reported fiscal quarter, which ended in Mar-19, Chevron Corporation (CVX) reported earnings of $1.39 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.29 per share, representing a 0.1 difference and 7.55% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.95 represented a 0.08 difference from the consensus estimate calling for $1.87 per share, which was a 4.11% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.91 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $2.22 and the low estimate was $1.42. In the year-ago quarter, Chevron Corporation (CVX) generated per-share earnings of $1.78. If the analysts are correct about the current quarter’s earnings, the growth will be +7.30% .

Turning our focus now to insider trading activity, there have been 12 purchases (60,683 shares in total) and 3 sale (40,050 shares in total) in the last 3 months. In the last 6 months, there have been 19 insider buys amounting to 111,053 shares and 11 insider sales amounting to 90,420 shares. In the past full year, 31 insider purchases were made (involving 149,323 shares) and 31 insider sell-offs equivalent to 128,747 shares.

Moving onto liquidity, Chevron Corporation (CVX) has a Current Ratio of 1.25, a Quick Ratio of 1.04 and a Cash Ratio of 0.39. Looking at this company’s capital structure, its Total Debt to Total Equity is 22.30, its Total Debt to Total Capital is 18.23, and its Total Debt to Total Assets is now 13.57. Looking even further ahead into the future, its Long-Term Debt to Equity is 18.59 and its Long-Term Debt to Total Capital is 15.20.