The price-to-earnings ratio for Chesapeake Energy Corp. (NASDAQ: CHK) is 5.18x, which is above its average ratio. Moreover, the 36-month beta value for CHK is 0.52. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 14.59% of that float. On April 17, 2024, CHK’s average trading volume was 2.02M shares.
CHK) stock’s latest price update
Chesapeake Energy Corp. (NASDAQ: CHK) has seen a decline in its stock price by -0.33 in relation to its previous close of 87.56. However, the company has experienced a -2.94% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-15 that With natural gas price action remaining volatile, we recommend investors to hold onto companies with strong fundamentals, such as CTRA and LNG.
CHK’s Market Performance
Chesapeake Energy Corp. (CHK) has experienced a -2.94% fall in stock performance for the past week, with a 4.55% rise in the past month, and a 10.95% rise in the past quarter. The volatility ratio for the week is 2.51%, and the volatility levels for the past 30 days are at 2.01% for CHK. The simple moving average for the past 20 days is -0.72% for CHK’s stock, with a 5.35% simple moving average for the past 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with Barclays repeating the rating for CHK by listing it as a “Equal Weight.” The predicted price for CHK in the upcoming period, according to Barclays is $102 based on the research report published on April 10, 2024 of the current year 2024.
Mizuho gave a rating of “Buy” to CHK, setting the target price at $104 in the report published on January 12th of the current year.
CHK Trading at 4.60% 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 -4.13% of loss for the given period.
Volatility was left at 2.01%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares surge +4.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.94% upper at present.
During the last 5 trading sessions, CHK fell by -2.94%, which changed the moving average for the period of 200-days by +3.89% in comparison to the 20-day moving average, which settled at $88.09. In addition, Chesapeake Energy Corp. saw 13.43% 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 1.6. 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 wrap up, the performance of Chesapeake Energy Corp. (CHK) has been better in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
