Based on the recent analyst estimates Chevron now has one of the highest dividend returns of the American stock exchange.The average of the dividends estimates is at 4,29 dollars. The dividend return consequently equals 4,24 percent. The average dividend of the oil & gas producer equals 2,96 percent.
Tomorrow American Chevron will publish her results over the past quarter. For this year the consensus of the revenue equals 120,17 billion dollars. This is slightly lower than the 2015's revenue of 129,65 billion dollars.
The analysts expect for 2016 a net profit of 2,17 billion dollars. For this year most of the analysts expect a profit per share of 1,19 dollars. Based on this the price/earnings-ratio equals an extreme 85,03.
The stock Chevron is being covered by 7 fundamental analysts. The average target price for the stock is at 99,43 dollars. This is around 2 percent less than the current stock price of 101,19 dollars. The 3 most recent recommendations for American were provided by Credit Suisse (hold, 100,00 dollars), Jefferies & Co. (buy, 116,00 dollars) and Goldman Sachs (sell, 96,00 dollars).
Based on the number of outstanding shares Chevron's market capitalization equals 190,52 billion dollars.Wednesday the stock closed at 101,19 dollars.
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