Core Viewpoint - Chevron has been trending as a highly searched stock, with recent performance indicating a potential for future price movements influenced by earnings estimates and revenue growth [1][2]. Earnings Estimate Revisions - Chevron is expected to report earnings of 10.18, indicating a decrease of -22.5% from the previous year [5]. - For the next fiscal year, the consensus estimate is 46.98 billion, showing a slight decline of -0.4% year-over-year [9]. - For the current fiscal year, the revenue estimate is 199.26 billion, indicating a growth of +1.3% [9]. Last Reported Results and Surprise History - In the last reported quarter, Chevron generated revenues of 2.51 compared to 49.88 billion by +1.58%, and the EPS also surpassed estimates by +1.62% [11]. - Over the last four quarters, Chevron has exceeded consensus EPS estimates three times and revenue estimates twice [11]. Valuation - Chevron is graded B in the Zacks Value Style Score, indicating it is trading at a discount compared to its peers [15]. - The evaluation of Chevron's valuation multiples, such as P/E, P/S, and P/CF, suggests a reasonable assessment of its stock price relative to its historical values and peers [13][14].
Is Trending Stock Chevron Corporation (CVX) a Buy Now?