Chevron (CVX) EPS Estimated At $0.85; Marten Transport Limited (MRTN) Shorts Lowered By 0.18%

October 12, 2017 - By Hazel Jackson

Analysts expect Chevron Corporation (NYSE:CVX) to report $0.85 EPS on October, 27.They anticipate $0.17 EPS change or 25.00% from last quarter’s $0.68 EPS. CVX’s profit would be $1.62 billion giving it 35.11 P/E if the $0.85 EPS is correct. After having $0.91 EPS previously, Chevron Corporation’s analysts see -6.59% EPS growth. About 1.29M shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since October 12, 2016 and is uptrending. It has underperformed by 10.02% the S&P500.

Marten Transport Limited (NASDAQ:MRTN) had a decrease of 0.18% in short interest. MRTN’s SI was 667,800 shares in October as released by FINRA. Its down 0.18% from 669,000 shares previously. With 146,500 avg volume, 5 days are for Marten Transport Limited (NASDAQ:MRTN)’s short sellers to cover MRTN’s short positions. The SI to Marten Transport Limited’s float is 2.89%. About 34,830 shares traded. Marten Transport, Ltd (NASDAQ:MRTN) has risen 25.99% since October 12, 2016 and is uptrending. It has outperformed by 9.29% the S&P500.

Chevron Corporation manages its investments in subsidiaries and affiliates, and provides administrative, financial, management and technology support to the United States and international subsidiaries that engage in integrated energy and chemicals operations. The company has market cap of $227.29 billion. The Firm operates through two business divisions: Upstream and Downstream. It has a 38.71 P/E ratio. Upstream activities consist primarily of exploring for, developing and producing natural gas and crude oil; liquefaction, transportation and regasification associated with liquefied natural gas; transporting crude oil by international oil export pipelines; processing, transporting, storage and marketing of natural gas, and a gas-to-liquids plant.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. Chevron Corporation had 82 analyst reports since August 4, 2015 according to SRatingsIntel. Morgan Stanley upgraded the stock to “Overweight” rating in Tuesday, November 1 report. As per Thursday, August 24, the company rating was maintained by Piper Jaffray. RBC Capital Markets maintained the shares of CVX in report on Thursday, July 6 with “Underperform” rating. The rating was upgraded by Argus Research on Wednesday, December 16 to “Buy”. The firm has “Outperform” rating given on Tuesday, December 15 by Credit Agricole. RBC Capital Markets maintained Chevron Corporation (NYSE:CVX) on Tuesday, September 19 with “Sell” rating. Jefferies maintained Chevron Corporation (NYSE:CVX) rating on Tuesday, October 3. Jefferies has “Buy” rating and $130.0 target. Jefferies maintained it with “Buy” rating and $130.0 target in Tuesday, August 29 report. The stock has “Buy” rating by Goldman Sachs on Monday, October 31. The stock has “Underperform” rating by BNP Paribas on Friday, May 26.

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.06, from 0.97 in 2017Q1. It is positive, as 65 investors sold Chevron Corporation shares while 653 reduced holdings. 92 funds opened positions while 651 raised stakes. 1.16 billion shares or 0.51% more from 1.16 billion shares in 2017Q1 were reported. Phocas Financial holds 0.08% or 7,262 shares. Inverness Counsel New York invested in 0.49% or 67,207 shares. A D Beadell Counsel Incorporated stated it has 0.72% of its portfolio in Chevron Corporation (NYSE:CVX). Stonebridge Mngmt reported 87,226 shares or 3.48% of all its holdings. Van Cleef Asset Managementinc holds 7,334 shares or 0.22% of its portfolio. Mcrae Incorporated owns 3,900 shares for 0.17% of their portfolio. Green Square Capital Limited Liability Corp holds 0.29% or 15,691 shares in its portfolio. Naples Advsr Ltd Liability Co holds 0.15% of its portfolio in Chevron Corporation (NYSE:CVX) for 3,995 shares. Quantitative Systematic Strategies Ltd Liability Corp reported 25,265 shares. Great West Life Assurance Communication Can owns 2.27M shares. Royal Bankshares Of Scotland Group Incorporated Public Ltd Com accumulated 0.11% or 4,555 shares. Cap City Fl owns 31,811 shares. Mycio Wealth Prns Limited Liability Company has invested 0.13% in Chevron Corporation (NYSE:CVX). Cubic Asset Mngmt Lc has invested 0.14% of its portfolio in Chevron Corporation (NYSE:CVX). Daniel Devine Company has invested 1.89% of its portfolio in Chevron Corporation (NYSE:CVX).

Since June 2, 2017, it had 0 buys, and 2 insider sales for $1.38 million activity. The insider MARTEN RANDOLPH L sold 50,000 shares worth $1.28 million. Shares for $102,340 were sold by TURNER JOHN H.

Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The company has market cap of $1.07 billion. The Firm focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. It has a 31.42 P/E ratio. The Firm operates through four divisions: Truckload, Dedicated, Intermodal and Brokerage.

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