The stocks of CVX will be posting their quarterly results on the 30th of April before the markets reopen. Most of the analysts have been expecting that the company would be posting an EPS of $0.89 for the quarter.
The Quarterly Estimates Of CVX
CVX did put up their previous quarterly report on the 28th of January. The company for oil and gas had reported an EPS of $0.01 for the quarter which was considerably less than the consensus estimate of $0.08. The revenue generated by the company was $25.25 billion, with the consensus estimate set at $25.97 billion. The net margin of the company is -10.86%, with a 1.75% return on its equity.
The stocks of CVX traded on Friday at $100.95. The year low of the company is $65.16, with the year high set at $112.70. The market cap of the firm is $194.64 billion, with a -16.44 PE ratio, along with a 5.74 PEG ratio, and a 1.33 beta. The moving average price of the company over 50 days is $105.62, with the moving average price of the company over 200 days set at $90.78. The quick ratio of the company is 0.97, with a 1.26 current ratio, and a 0.26 debt-to-equity ratio.
There have been quite a few research analysts that have commented on the shares of CVX. Citigroup has already put up a rating of neutral along with a $105 price target on the stocks of the company. Jefferies Financial has also decreased the rating of the company from buy to hold with a price target of $98 in a 21st January research report. Zacks has already increased the rating from hold to strong-buy with a price target of $102 in a 29th January research report.
Ten of the investment analysts covering the firm have given it a rating of hold, while seventeen others have issued the company with a rating of buy. Currently, CVX has a buy rating with a $110.68 price target.