Somewhat Positive Media Coverage Somewhat Unlikely to Impact Chevron (CVX) Share Price

News articles about Chevron (NYSE:CVX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chevron earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 45.4910447432561 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

How to Become a New Pot Stock Millionaire

Shares of CVX stock traded up $1.22 during midday trading on Monday, hitting $115.98. 6,933,829 shares of the company were exchanged, compared to its average volume of 7,235,642. The company has a market capitalization of $219,220.64, a price-to-earnings ratio of 31.35, a PEG ratio of 2.26 and a beta of 1.16. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.83 and a current ratio of 1.03. Chevron has a 52 week low of $102.55 and a 52 week high of $133.88.

Chevron (NYSE:CVX) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $0.73 EPS for the quarter, missing the consensus estimate of $1.27 by ($0.54). The company had revenue of $37.62 billion for the quarter, compared to the consensus estimate of $38.43 billion. Chevron had a return on equity of 5.22% and a net margin of 6.49%. The business’s quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 EPS. sell-side analysts forecast that Chevron will post 6.35 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, March 12th. Investors of record on Friday, February 16th were issued a dividend of $1.12 per share. This is an increase from Chevron’s previous quarterly dividend of $1.08. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $4.48 annualized dividend and a dividend yield of 3.86%. Chevron’s payout ratio is presently 121.08%.

Several brokerages have issued reports on CVX. Royal Bank of Canada upgraded shares of Chevron from an “underperform” rating to a “sector perform” rating and set a $125.00 price target on the stock in a research note on Friday, February 9th. Morgan Stanley lifted their price target on shares of Chevron from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Vetr downgraded shares of Chevron from a “buy” rating to a “hold” rating and set a $134.35 price objective for the company. in a research report on Thursday, January 11th. Zacks Investment Research downgraded shares of Chevron from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, DZ Bank raised shares of Chevron from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $129.79.

WARNING: This report was first published by Ticker Report and is owned by of Ticker Report. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/3344213/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-chevron-cvx-share-price.html.

Chevron Company Profile

Chevron Corporation (Chevron) manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The Company operates through two business segments: Upstream and Downstream.

Insider Buying and Selling by Quarter for Chevron (NYSE:CVX)

Receive News & Ratings for Chevron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chevron and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Energy Fuels  Director Dennis Lyle Higgs Sells 10,000 Shares of Stock
Energy Fuels Director Dennis Lyle Higgs Sells 10,000 Shares of Stock
TSE Technischer Service und Equipment – Hasenschwandtner Peter  Insider Nathan Mekuz Purchases 40,000 Shares
TSE Technischer Service und Equipment – Hasenschwandtner Peter Insider Nathan Mekuz Purchases 40,000 Shares
Commerce Bancshares  VP Daniel D. Callahan Sells 1,057 Shares
Commerce Bancshares VP Daniel D. Callahan Sells 1,057 Shares
Tupperware Brands  VP Lillian D. Garcia Acquires 2,320 Shares
Tupperware Brands VP Lillian D. Garcia Acquires 2,320 Shares
CompuCoin  Price Up 17.3% This Week
CompuCoin Price Up 17.3% This Week
U.CASH Price Tops $0.0037
U.CASH Price Tops $0.0037


Leave a Reply

© 2006-2018 Ticker Report. Google+.