Economy

Analysts' Recommendations for Chesapeake Energy Stock

For this year, Chesapeake Energy Corporation (NYSE:CHK) is performing -45.3%. Following the completion of the acquisition, the director now owns 547,358 shares in the company, valued at approximately $2,249,641.38.

The company's quick ratio for most recent quarter is 0.6 along with current ratio for most recent quarter of 0.6. As its institutional ownership stands at 67.40%, the ownership flows provide evidence to be a good test of stock returns. OppenheimerFunds Inc. raised its stake in Chesapeake Energy Corporation by 12.9% during the 1st quarter.

Investors studying the fundamentals might be conducting in-depth company research before deciding when to purchase a particular stock. Stifel Nicolaus restated a "buy" rating on shares of Chesapeake Energy Corporation in a research report on Friday, July 21st. Analysts expect the company to announce earnings of $0.15 per share for the quarter. Teachers Advisors LLC raised its stake in Chesapeake Energy Corporation by 8.4% during the 1st quarter.

Several analysts have issued reports on the company.

On October 10, Chesapeake Energy stock received a downgrade from Jefferies.

Three months ago, on the other hand, the average analyst rating for Chesapeake Energy Corporation (CHK) was a Hold - from a survey of 24 analysts. Finally, BidaskClub lowered Chesapeake Energy Corporation from a "hold" rating to a "sell" rating in a research report on Thursday, July 27th. 0 analysts gave its stock an Outperform rating.

The average broker target price of $4.64 for the stock implies a potential return of ~20.8% in the next 12 months.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $3.49B. The most optimistic analyst sees the stock reaching $8 while the most conventional has $1.5 target price. CHK's latest closing price was -23.80% away from the average price of 200 days while it maintained a distance of -2.36% from the 50 Day Moving Average and -1.93% away compared to its SMA 20.

Chesapeake Energy Corporation (NYSE:CHK) has a current ERP5 Rank of 7209. The average estimate of Wall Street analysts had projected 0.15. When it comes to net revenue, the average estimate from a total of 7 analysts is 2.07 billion - compared to $2.28 billion posted in the year-ago period. The Return on Assets for Chesapeake Energy Corporation (NYSE:CHK) is -0.107511. The company's forward price to earnings ratio for next fiscal year is 5.12.

Wall Street analysts, on average, are forecasting the company's EPS to be 0.11, compared to 0.09 reported in the same quarter past year. Chesapeake Energy Corporation (NYSE:CHK) has a 20-Day average volume of 22.92 Million. If you are accessing this story on another website, it was stolen and republished in violation of United States & global copyright & trademark legislation. The legal version of this story can be accessed at https://www.truebluetribune.com/2017/11/01/chesapeake-energy-corporation-chk-scheduled-to-post-quarterly-earnings-on-thursday.html.

In related news, Director R Brad Martin bought 25,000 shares of Chesapeake Energy Corporation stock in a transaction dated Friday, August 11th. The shares were acquired at an average price of $4.11 per share, with a total value of $102,750.00. The consensus rating is 3.3, suggesting the market has given up on the stock. Breaking down insider in the United States, the Securities and Exchange Commission makes rules concerning insider trading. The SMA 50/200 for Chesapeake Energy Corporation (NYSE:CHK) is now 0.78229. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression.



Like this

loading...
loading...

Latest


01 November 2017
Shots never fired at officers, but officer did fire at gunman
The officers have set up a seven block perimeter with nearly 100 officers and two helicopters involved in the search. Craig said the officer is on leave for an investigation, which is considered standard protocol.

01 November 2017
SodaStream International Ltd. (SODA) Issues FY17 Earnings Guidance
Eqis Capital Management Inc. increased its stake in shares of SodaStream International by 0.6% in the third quarter. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company.

01 November 2017
Michael Bisping Wants Everyone to Understand 'Fighting is What I do'
UFC 217 Countdown goes into the camps of the 6 stars competing at Madison Square Garden in New York City on November 4. It's as big a stage as any for St-Pierre to make a comeback.

01 November 2017
Winter weather watch issued for snow
A winter weather advisory is in effect from noon to midnight Wednesday for Ely and the Gunflint Trail. Visibility may also be limited at times, making it hard to view changing conditions on the roads.

01 November 2017
Calumet Specialty Products Part (NASDAQ:CLMT) Sees Volatile Trading - Up $0.75
State Bank Of America De holds 0% in Quad Graphics, Inc. 16,400 are held by Silvercrest Asset Mngmt Grp Limited Liability Company. During current year the company's forecasts over growth are 105% while for the next year analysts' growth estimation is -566.7%.

01 November 2017
Airlines see Thanksgiving travel rising 3 percent
To accommodate the extra travelers, airlines in the USA have added around 86,000 seats each day, a 3.2 percent increase from 2016. The group says that airlines are adding slightly more seats than the expected increase in travelers.

01 November 2017
Garth Brooks to perform in Nashville for world tour
Tickets will cost $58.25, plus a $5.98 tax, a $4.50 facility fee and a $6.25 service charge, for a grand total of $74.98. G arth Brooks is coming home to Nashville for the final North American stop on his World Tour.

01 November 2017
'The Assassination of Gianni Versace: American Crime Story' Sets FX Premiere Date
Simpson: American Crime Story , received 22 Emmy nominations and won nine Emmys among a slew of awards. The season also stars Penelope Cruz as Donatella and Ricky Martin as Gianni's partner Antonio D'Amico.

01 November 2017
IBM unveils software that brings public cloud to private datacenters
The "Security Vulnerability Advisor" scans containers across the cloud to surface potentially serious issues and weaknesses. That's particularly important for customers who have legacy workloads and want to move them to a more modern platform.

01 November 2017
Sridevi-Jhanvi Kapoor in Mr India remake?
But few days ago, due to delay of announcement of the film, Sridevi is said to be miffed with Karan Johar. The source was quoted saying as, "There are two pairs of leads in Mr India 2 ".