$1.48 EPS Expected for Chevron Corporation (CVX)

April 26, 2018 - By Stephen Andrade

Chevron Corporation (NYSE:CVX) LogoInvestors sentiment increased to 0.99 in Q4 2017. Its up 0.04, from 0.95 in 2017Q3. It is positive, as 51 investors sold Chevron Corporation shares while 686 reduced holdings. 122 funds opened positions while 608 raised stakes. 1.19 billion shares or 0.58% more from 1.18 billion shares in 2017Q3 were reported.
Paragon Mngmt Ltd reported 0.56% in Chevron Corporation (NYSE:CVX). Hamel Associate Inc reported 60,967 shares. Bar Harbor Ser stated it has 2,872 shares or 0.19% of all its holdings. Northeast Financial Consultants Incorporated, Connecticut-based fund reported 56,050 shares. Norinchukin Comml Bank The stated it has 343,137 shares or 0.75% of all its holdings. Violich Capital Inc holds 2.08% of its portfolio in Chevron Corporation (NYSE:CVX) for 65,204 shares. Arete Wealth Advsrs Limited Company invested in 3,778 shares. 293,483 were reported by Fiera Corporation. 10,220 are owned by Miller Investment Mngmt Lp. Sentinel Trust Co Lba has 0.41% invested in Chevron Corporation (NYSE:CVX) for 15,574 shares. First Personal Financial Svcs invested in 0.26% or 10,746 shares. Inspirion Wealth Advisors Lc reported 2,047 shares. Bkd Wealth Advisors Limited Com, a Missouri-based fund reported 31,335 shares. Fjarde Ap has invested 1.02% of its portfolio in Chevron Corporation (NYSE:CVX). Empirical Financial Ltd owns 16,699 shares.

Since April 17, 2018, it had 0 insider purchases, and 1 insider sale for $3.11 million activity.

Analysts expect Chevron Corporation (NYSE:CVX) to report $1.48 EPS on April, 27 before the open.They anticipate $0.07 EPS change or 4.96 % from last quarter’s $1.41 EPS. CVX’s profit would be $2.83B giving it 20.73 P/E if the $1.48 EPS is correct. After having $0.73 EPS previously, Chevron Corporation’s analysts see 102.74 % EPS growth. The stock increased 0.15% or $0.18 during the last trading session, reaching $122.72. About 5.33M shares traded. Chevron Corporation (NYSE:CVX) has risen 7.88% since April 26, 2017 and is uptrending. It has underperformed by 3.67% the S&P500.

Chevron Corporation (NYSE:CVX) Ratings Coverage

Among 16 analysts covering Chevron Corp (NYSE:CVX), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Chevron Corp has $160.0 highest and $100.0 lowest target. $136.62’s average target is 11.33% above currents $122.72 stock price. Chevron Corp had 31 analyst reports since October 27, 2017 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Tuesday, February 6. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Tuesday, January 23 by Piper Jaffray. The stock of Chevron Corporation (NYSE:CVX) has “Buy” rating given on Thursday, December 21 by Scotia Capital. On Monday, February 5 the stock rating was maintained by Credit Suisse with “Neutral”. The rating was downgraded by Bank of America to “Hold” on Thursday, January 4. As per Friday, April 13, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Thursday, December 21 by Cowen & Co. Cowen & Co maintained the stock with “Buy” rating in Thursday, February 22 report. Bank of America upgraded the stock to “Buy” rating in Wednesday, February 28 report. On Monday, December 11 the stock rating was initiated by Credit Suisse with “Hold”.

Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum activities worldwide. The company has market cap of $234.51 billion. The firm operates in two divisions, Upstream and Downstream. It has a 25.3 P/E ratio. The Upstream segment is involved in the exploration, development, and production of natural gas and crude oil; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant.

Chevron Corporation (NYSE:CVX) Institutional Positions Chart

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