In the latest trading session, Chevron (CVX) closed at $155.57, marking a +1.16% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.53%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.93%.
Heading into today, shares of the oil company had lost 2.31% over the past month, lagging the Oils-Energy sector's loss of 1.42% and the S&P 500's gain of 1.13%.
The upcoming earnings release of Chevron will be of great interest to investors. The company's earnings report is expected on October 31, 2025. The company is expected to report EPS of $1.77, down 29.48% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $53.58 billion, reflecting a 5.74% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $7.34 per share and a revenue of $194.28 billion, demonstrating changes of -26.97% and -4.2%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Chevron. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 6.28% lower. Chevron currently has a Zacks Rank of #3 (Hold).
Investors should also note Chevron's current valuation metrics, including its Forward P/E ratio of 20.95. This expresses a premium compared to the average Forward P/E of 10.58 of its industry.
We can also see that CVX currently has a PEG ratio of 2.05. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Oil and Gas - Integrated - International industry held an average PEG ratio of 1.81.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 208, which puts it in the bottom 16% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Chevron Corporation (CVX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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