Chesapeake Energy Corp. (NASDAQ: CHK) has a price-to-earnings ratio that is above its average at 5.36x. The stock has a 36-month beta value of 0.52. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 19 as “hold,” and 5 as “sell.”
The public float for CHK is 108.52M, and at present, short sellers hold a 14.13% of that float. On April 04, 2024, the average trading volume of CHK was 2.22M shares.
CHK) stock’s latest price update
The stock of Chesapeake Energy Corp. (NASDAQ: CHK) has increased by 1.49 when compared to last closing price of 88.97. Despite this, the company has experienced a 5.33% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that The natural gas space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. We advise focusing on fundamentally solid companies such as CTRA and LNG.
CHK’s Market Performance
Chesapeake Energy Corp. (CHK) has seen a 5.33% rise in stock performance for the week, with a 9.56% gain in the past month and a 17.29% surge in the past quarter. The volatility ratio for the week is 1.91%, and the volatility levels for the past 30 days are at 1.85% for CHK. The simple moving average for the last 20 days is 6.05% for CHK stock, with a simple moving average of 9.48% for the last 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with Mizuho repeating the rating for CHK by listing it as a “Buy.” The predicted price for CHK in the upcoming period, according to Mizuho is $104 based on the research report published on January 12, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CHK reach a price target of $95, previously predicting the price at $82. The rating they have provided for CHK stocks is “Buy” according to the report published on January 12th, 2024.
Mizuho gave a rating of “Neutral” to CHK, setting the target price at $96 in the report published on January 03rd of the current year.
CHK Trading at 11.19% from the 50-Day Moving Average
After a stumble in the market that brought CHK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.77% of loss for the given period.
Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 1.91%, as shares surge +8.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.90% upper at present.
During the last 5 trading sessions, CHK rose by +5.33%, which changed the moving average for the period of 200-days by +10.76% in comparison to the 20-day moving average, which settled at $85.52. In addition, Chesapeake Energy Corp. saw 17.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CHK
Current profitability levels for the company are sitting at:
- 0.4 for the present operating margin
- 0.53 for the gross margin
The net margin for Chesapeake Energy Corp. stands at 0.31. The total capital return value is set at 0.24. Equity return is now at value 24.37, with 15.81 for asset returns.
Based on Chesapeake Energy Corp. (CHK), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 1.13. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 50.68.
Currently, EBITDA for the company is 3.98 billion with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 1.65. The receivables turnover for the company is 12.42for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
To sum up, Chesapeake Energy Corp. (CHK) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
