The stock of ChampionX Corp (NASDAQ: CHX) has decreased by -1.54 when compared to last closing price of 29.54. Despite this, the company has experienced a -4.14% fall in its stock price over the last five trading sessions. businesswire.com reported 2025-02-25 that STAMFORD, Conn.–(BUSINESS WIRE)–LongRange Capital (“LongRange”), a private equity firm with a longer-term, customer-centric orientation to building and growing middle market businesses, announced that it has entered into a definitive agreement to acquire all of the equity interests in US Synthetic Corporation (“US Synthetic” or the “Company”) from ChampionX Corporation (“ChampionX”). Founded in 1978 and based in Orem, Utah, US Synthetic is a leading provider of highly engineered polycrystalli.
Is It Worth Investing in ChampionX Corp (NASDAQ: CHX) Right Now?
ChampionX Corp (NASDAQ: CHX) has a higher price-to-earnings ratio of 17.58x compared to its average ratio. CHX has 36-month beta value of 2.30. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CHX is 188.22M, and currently, short sellers hold a 4.45% ratio of that float. The average trading volume of CHX on February 25, 2025 was 2.43M shares.
CHX’s Market Performance
The stock of ChampionX Corp (CHX) has seen a -4.14% decrease in the past week, with a -3.21% drop in the past month, and a -5.26% fall in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.69% for CHX. The simple moving average for the past 20 days is -0.83% for CHX’s stock, with a -5.36% simple moving average for the past 200 days.
Analysts’ Opinion of CHX
Many brokerage firms have already submitted their reports for CHX stocks, with Piper Sandler repeating the rating for CHX by listing it as a “Neutral.” The predicted price for CHX in the upcoming period, according to Piper Sandler is $32 based on the research report published on January 08, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see CHX reach a price target of $42, previously predicting the price at $33. The rating they have provided for CHX stocks is “Overweight” according to the report published on October 17th, 2023.
CapitalOne gave a rating of “Overweight” to CHX, setting the target price at $40 in the report published on July 14th of the previous year.
CHX Trading at 1.73% from the 50-Day Moving Average
After a stumble in the market that brought CHX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.20% of loss for the given period.
Volatility was left at 2.69%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares sank -1.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.45% upper at present.
During the last 5 trading sessions, CHX fell by -2.18%, which changed the moving average for the period of 200-days by -12.78% in comparison to the 20-day moving average, which settled at $29.36. In addition, ChampionX Corp saw 6.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHX starting from Bryant Deric D., who sale 49,303 shares at the price of $30.06 back on Nov 06 ’24. After this action, Bryant Deric D. now owns 337,409 shares of ChampionX Corp, valued at $1,482,053 using the latest closing price.
DERIC BRYANT, the Officer of ChampionX Corp, proposed sale 49,303 shares at $28.76 during a trade that took place back on Nov 06 ’24, which means that DERIC BRYANT is holding shares at $1,417,954 based on the most recent closing price.
Stock Fundamentals for CHX
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.33 for the gross margin
The net margin for ChampionX Corp stands at 0.09. The total capital return value is set at 0.18. Equity return is now at value 18.18, with 9.54 for asset returns.
Based on ChampionX Corp (CHX), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.85. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 8.5.
Currently, EBITDA for the company is 744.57 million with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 7.79for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.
Conclusion
To put it simply, ChampionX Corp (CHX) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
