The price-to-earnings ratio for Chesapeake Energy Corp. (NASDAQ: CHK) is 27.73x, which is above its average ratio. Moreover, the 36-month beta value for CHK is 0.46. 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 108.37M and currently, short sellers hold a 18.46% of that float. On October 01, 2024, CHK’s average trading volume was 1.99M shares.
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CHK) stock’s latest price update
Chesapeake Energy Corp. (NASDAQ: CHK) has seen a decline in its stock price by -0.42 in relation to its previous close of 82.60. However, the company has experienced a 2.48% gain in its stock price over the last five trading sessions. benzinga.com reported 2024-09-27 that Shares of Chesapeake Energy Corp CHK climbed in early trading on Friday, as oil prices moved slightly higher after the Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected.
CHK’s Market Performance
CHK’s stock has risen by 2.48% in the past week, with a monthly rise of 11.16% and a quarterly drop of -0.30%. The volatility ratio for the week is 3.05% while the volatility levels for the last 30 days are 2.79% for Chesapeake Energy Corp. The simple moving average for the last 20 days is 9.94% for CHK stock, with a simple moving average of 1.26% for the last 200 days.
Analysts’ Opinion of CHK
Many brokerage firms have already submitted their reports for CHK stocks, with ROTH MKM repeating the rating for CHK by listing it as a “Buy.” The predicted price for CHK in the upcoming period, according to ROTH MKM is $92 based on the research report published on September 27, 2024 of the current year 2024.
Wolfe Research, on the other hand, stated in their research note that they expect to see CHK reach a price target of $110. The rating they have provided for CHK stocks is “Outperform” according to the report published on July 18th, 2024.
Barclays gave a rating of “Equal Weight” to CHK, setting the target price at $102 in the report published on April 10th of the current year.
CHK Trading at 10.32% 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 -11.97% of loss for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares surge +10.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.53% upper at present.
During the last 5 trading sessions, CHK rose by +2.48%, which changed the moving average for the period of 200-days by +11.51% in comparison to the 20-day moving average, which settled at $75.20. In addition, Chesapeake Energy Corp. saw 7.07% 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:
- 0.12 for the present operating margin
- 0.56 for the gross margin
The net margin for Chesapeake Energy Corp. stands at 0.09. The total capital return value is set at 0.05. Equity return is now at value 4.22, with 3.12 for asset returns.
Based on Chesapeake Energy Corp. (CHK), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.84. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 13.07.
Currently, EBITDA for the company is 3.98 billion with net debt to EBITDA at 0.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.4. The receivables turnover for the company is 14.02for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.16.
Conclusion
To wrap up, the performance of Chesapeake Energy Corp. (CHK) has been mixed 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.
