Economy

Analysts' Recommendations for Chesapeake Energy Stock

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

Latest


01 November 2017
Paddy Power Betfair Q3 revenue rises by 9% to £440m
The Paddy Power Betfair PLC (LON:PPB) (PPB.L) share price has gained around 4% today after it released a Q3 trading update.

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
Lions Sign Free Agent G Don Barclay And Waive T Dan Skipper
He's made 24 starts in 62 career games since entering the National Football League as an undrafted rookie in 2012 with Green Bay. Decker is still weeks away from being game ready in his return from shoulder surgery.

01 November 2017
Draft bill for delimitation of constituencies finalized: NA Speaker
The speaker said the decision was made after knowing the time constraints faced by the Election Commission of Pakistan (ECP). It was decided in the meeting that nine seats of Punjab - seven general and two reserved for women - would be decreased.

01 November 2017
Demi Lovato's Halloween Costume Will Have You Wanting To Get Arrested
Complementing her sassy Halloween look, the 25-year-old accessorised with a police cap, black stockings and some dark manicure. Kim and Jonathan, 43, wore costumes inspired by what the iconic singing duo wore to the Academy Awards in 1973.

01 November 2017
Hokies, Hurricanes to collide in south Florida for Coastal Division lead
Foster's guys are second in the nation in scoring defense but it's going to feel like Virginia Tech looking in a mirror. The Hokies finish the season at Georgia Tech , with Pittsburgh and on the road at the Cavaliers of Virginia.

01 November 2017
Analysts Recommendations Valero Energy Corporation (VLO)
BidaskClub upgraded Valero Energy Corporation from a "hold" rating to a "buy" rating in a research note on Wednesday, July 12th. The Verizon Communications Inc . has Relative Strength Index (RSI 14) of 40.15 along with Average True Range (ATR 14) of 0.86.

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
Europe Liquid Ammonium Thiosulfate Market 2017- Sales Revenue
It provides the overall view of the market thus helping the user to better understand the global market . This report also presents product specification, manufacturing process, and product cost structure etc.



Recommended