Wall Street brokerages expect CEMATRIX Corp (NYSE:CVX) to report $35.75 billion in sales for the current quarter, according to Zacks. Four analysts have provided estimates for CEMATRIX Corp’s earnings, with the lowest sales estimate coming in at $32.30 billion and the highest estimate coming in at $38.22 billion. CEMATRIX Corp posted sales of $31.50 billion during the same quarter last year, which suggests a positive year over year growth rate of 13.5%. The business is expected to report its next quarterly earnings report on Friday, January 26th.

On average, analysts expect that CEMATRIX Corp will report full-year sales of $35.75 billion for the current year, with estimates ranging from $138.61 billion to $142.33 billion. For the next fiscal year, analysts expect that the firm will report sales of $146.26 billion per share, with estimates ranging from $133.18 billion to $165.51 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that cover CEMATRIX Corp.

CEMATRIX Corp (NYSE:CVX) last posted its earnings results on Friday, October 27th. The company reported C$1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.99 by C$0.04. CEMATRIX Corp had a net margin of 4.47% and a return on equity of 3.97%. The firm had revenue of C$36.21 billion during the quarter, compared to analysts’ expectations of C$34.06 billion. During the same period in the previous year, the business posted $0.68 EPS. The business’s revenue was up 20.1% compared to the same quarter last year.

A number of equities analysts have weighed in on the stock. Credit Suisse Group set a $123.00 price objective on shares of CEMATRIX Corp and gave the stock a “buy” rating in a research report on Friday, August 25th. Citigroup Inc. reduced their price objective on shares of CEMATRIX Corp from $129.00 to $118.00 and set a “buy” rating for the company in a research report on Friday, July 21st. Barclays PLC upgraded shares of CEMATRIX Corp to an “overweight” rating in a research report on Wednesday, October 11th. BMO Capital Markets set a $120.00 price objective on shares of CEMATRIX Corp and gave the stock a “buy” rating in a research report on Sunday, July 30th. Finally, Vetr cut shares of CEMATRIX Corp from a “buy” rating to a “hold” rating and set a $124.92 price objective for the company. in a research report on Monday, October 16th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of C$120.63.

In other CEMATRIX Corp news, Vice Chairman Michael K. Wirth sold 1,229 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of C$118.00, for a total transaction of C$145,022.00. Following the completion of the transaction, the insider now owns 1,229 shares of the company’s stock, valued at C$145,022. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Linnet F. Deily sold 2,312 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of C$107.38, for a total transaction of C$248,262.56. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 50,000 shares of company stock valued at $6,590 and have sold 29,041 shares valued at $3,453,285.

Hedge funds have recently made changes to their positions in the business. HPM Partners LLC boosted its stake in CEMATRIX Corp by 197.0% during the first quarter. HPM Partners LLC now owns 38,735 shares of the company’s stock worth $4,159,000 after buying an additional 25,691 shares during the period. Lincoln National Corp boosted its stake in CEMATRIX Corp by 33.3% during the first quarter. Lincoln National Corp now owns 82,502 shares of the company’s stock worth $8,859,000 after buying an additional 20,615 shares during the period. Adams Natural Resources Fund Inc. boosted its stake in CEMATRIX Corp by 8.8% during the second quarter. Adams Natural Resources Fund Inc. now owns 596,800 shares of the company’s stock worth $62,264,000 after buying an additional 48,100 shares during the period. Korea Investment CORP boosted its stake in CEMATRIX Corp by 5.1% during the second quarter. Korea Investment CORP now owns 1,476,610 shares of the company’s stock worth $154,055,000 after buying an additional 72,173 shares during the period. Finally, Strategic Financial Group LLC boosted its stake in CEMATRIX Corp by 6.0% during the first quarter. Strategic Financial Group LLC now owns 8,979 shares of the company’s stock worth $964,000 after buying an additional 510 shares during the period.

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CEMATRIX Corp (CVX) traded down C$0.06 on Friday, hitting C$117.18. 5,160,000 shares of the company traded hands, compared to its average volume of 5,100,000. CEMATRIX Corp has a 1 year low of C$102.55 and a 1 year high of C$120.89.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 17th will be paid a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend is Thursday, November 16th.

CEMATRIX Corp Company Profile

Chevron Corporation (Chevron) 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 operates through two business segments: Upstream and Downstream.

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Earnings History and Estimates for CEMATRIX Corp (NYSE:CVX)

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