AI Trading NYSE Thu, 07 Dec

Dear Reader,

Today’s featured asset is Chevron Corp. (CVX). According to our AI strategy, traders who invested between 2021-03-12 and 2023-02-07 could have realized a potential return of 160.73%. On average, each trade yielded a return of 40.18% with a duration of 126.0 days in the long position. A total of 4.0 positions were taken during this period. Our analysis model suggests that CVX is a strong buy with a buy price target of 141.67 and an overall accuracy of 0.8 when predicting an upward trend in the following 2 weeks. The analyst consensus price target for CVX is 194.04.

Chevron Corp (Symbol: CVX) is an American multinational energy corporation that is engaged in the oil and natural gas industries. As one of the successor companies of Standard Oil, Chevron is headquartered in San Ramon, California and operates in more than 180 countries. The company is active in hydrocarbon exploration and production, refining, marketing and transport, chemicals manufacturing and sales, and power generation, among other areas. On December 6, 2023, Chevron’s stock traded at $141.67.

Since the beginning of 2021, Chevron’s stock has been performing well, with a total return of 28.4%. The company has a market capitalization of $332.5 billion and a forward PE ratio of 10.38. Chevron’s dividend yield is 0.0351 and its dividend per share is 5.68. The company’s revenue per share for the trailing twelve months is 122.04 and its profit margin is 0.15.

Chevron’s return on assets for the trailing twelve months is 0.0924 and its return on equity for the same period is 0.238. The company’s gross profit for the trailing twelve months is $90.3 billion. The company’s price to sales ratio for the trailing twelve months is 1.457 and its price to book ratio is 2.047.

Chevron’s analyst target price is $194.04 and its beta is 1.156. The company’s fifty-two week high is $188.22 and its fifty-two week low is $127.30. Its fifty-day moving average is $175.25 and its two hundred day moving average is $165.45.

Chevron is a well-established company that has been performing well throughout the year in terms of stock performance. Its current share price is an attractive entry point for investors looking to invest in the energy sector.

Symbol: CVX
AssetType: Common Stock
Name: Chevron Corp
Description: Chevron Corporation is an American multinational energy corporation. One of the successor companies of Standard Oil, it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.
CIK: 93410
Exchange: NYSE
Currency: USD
Country: USA
Sector: ENERGY & TRANSPORTATION
Industry: PETROLEUM REFINING
Address: 6001 BOLLINGER CANYON ROAD, SAN RAMON, CA, US
FiscalYearEnd: December
LatestQuarter: 2022-12-31
MarketCapitalization: 332527800000
EBITDA: 55955001000
PERatio: 8.97
PEGRatio: 2.575
BookValue: 82.06
DividendPerShare: 5.68
DividendYield: 0.0351
EPS: 18.26
RevenuePerShareTTM: 122.04
ProfitMargin: 0.15
OperatingMarginTTM: 0.168
ReturnOnAssetsTTM: 0.0924
ReturnOnEquityTTM: 0.238
RevenueTTM: 235717001000
GrossProfitTTM: 90301000000
DilutedEPSTTM: 18.28
QuarterlyEarningsGrowthYOY: 0.265
QuarterlyRevenueGrowthYOY: 0.189
AnalystTargetPrice: 194.04
TrailingPE: 9.41
ForwardPE: 10.38
PriceToSalesRatioTTM: 1.457
PriceToBookRatio: 2.047
EVToRevenue: 1.467
EVToEBITDA: 5.2
Beta: 1.156
52WeekHigh: 188.22
52WeekLow: 127.3
50DayMovingAverage: 175.25
200DayMovingAverage: 165.45
SharesOutstanding: 1933640000
DividendDate: 2023-03-10
ExDividendDate: 2023-02-15

Date Symbol Prediction Model Accuracy Price Target Analyst Target
2023-12-06 CVX STRONGBUY 0.8 141.67 194.04
2023-12-04 CVX MEDIUMBUY 0.8 144.48 194.04

More AI Trading NYSE Thu, 07 Dec buys

You must be logged in to view this content. Log In No account? Register  for Free.  

AI Trading NYSE Thu, 07 Dec sells

You must be logged in to view this content. Log In No account? Register  for Free.  

Back-testing and model summaries

You must be logged in to view this content. Log In No account? Register  for Free.  

Thanks for subscribing and happy investing!

The Third Perspective Team