Comparing Price Charts: Chevron Corporation (CVX), Automatic Data Processing, Inc. (ADP)

Chevron Corporation (NYSE:CVX) was up 0.95% at $104.17 on Monday, in a 52-week range of $97.53 to $119.00 and with a consensus analyst target price of $123.96. As for the mean price target, it implies upside of 20.13% from the $103.19 prior closing price. Chevron Corporation has a 199.58B market cap and its past year revenues were 118.75B. Going from the most negative analyst price target to above consensus is one thing. Now Chevron Corporation’s current price is $40.83 shy of the official highest sell-side analyst price target on Wall Street.

Chevron Corporation (NYSE:CVX) has declined -11.50% since January and is up 0.11% for the past week. The share price of CVX has decreased by over -7.81% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Chevron Corporation current price compares to its recent moving averages. Chevron Corporation is currently trading -1.14% below its 20-day and -3.60% versus the 200-day simple moving averages while -1.99% compared with its 50-day simple moving average. Additionally, Chevron Corporation (CVX) stock price has gone down by -1.53% over the last 20 trading days, and its price is -12.46% below the 52-week high.

For a total return analysis, there is the -1.40% return on equity and the 2.00% return on assets to consider. According to the past 12 months report, the income was almost $2.91B and sales remained $118.75B. Its price to sales ratio of 1.65 ranks higher than the industry’s 1.36. Its price/book multiple of 1.33 compared with the 2.55 while its free cash flow yield of 8.80 should be matched with that of its industry’s 16.82.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 1.34. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

Automatic Data Processing, Inc. (NASDAQ:ADP) shares were last seen up 0.10% at $101.20, which is -1.09% lower than the previous trading session. The 52-week range is $85.23 to $105.68 and the consensus target price is $100.00. The company has a market cap of $46.34B and its 12 month revenue was almost $12.21B. The stock has been upbeat for quite some time as is up 1.92% for the last 20 trading days, and now the firm’s performance is turning out to be bearish with a -0.33% fall for the week. It has gain by over 15.41% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now Automatic Data Processing, Inc. $100.00 target price is just $15 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Their price objective ranges between $77.00 and $115.00.

For a profitability analysis, there is the 43.50% gross margin and the 14.30% net margin to consider. According to the past 5 years report, the company on average reported 5.40% year-over-year EPS growth and sales growth was recorded at 3.50%. Its forward price to earnings ratio of 26.10 ranks lower than the industry’s 20.54. Its quick ratio was 1.10 while current ratio was noted as 1.10 in the most recent quarter.

Comparing Price Charts: Chevron Corporation (CVX), Automatic Data Processing, Inc. (ADP) was last modified: June 7th, 2017 by Edward Walker
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