The leading market experts have placed a mean price target of $110.75 on Chevron Corporation (NYSE:CVX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.67 a share for the upcoming quarter and $1.25 for the current fiscal.
The technical analysis of Chevron Corporation Common Stoc plainly substantiates that the 50-day moving average of Chevron Corporation Common Stoc is $103.32, and stock is trading $-0.07 points away or -0.06% from its 50-day moving average of $103.32. Further it is trading $5.47 or +5.59% away its 200-day moving average of $97.78. Chevron Corporation (NYSE:CVX) 52-week high is $107.58 and the 52-week low is $69.58.
This explains if the stock moves $-4.33, it will post a 52-week high. In event of +48.39% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Chevron Corporation Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Chevron Corporation (NYSE:CVX) ratio came in at N/A.
The stock last ended the trading session at $103.25 and registered a market cap of $194.78B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Chevron Corporation (NYSE:CVX) PEG ratio is at 2.76.
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