Chesapeake Energy Corporation (NASDAQ: CHK) is 67.31% higher on its value in year-to-date trading and has touched a low of $53.67 and a high of $105.93 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHK stock was last observed hovering at around $102.61 in the last trading session, with the day’s loss setting it -0.53% off its average median price target of $137.00 for the next 12 months. It is also 55.81% off the consensus price target high of $231.00 offered by 13 analysts, but current levels are 8.04% higher than the price target low of $111.00 for the same period.
Currently trading at $102.08, the stock is 0.68% and 7.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing -0.52% at the moment leaves the stock 26.34% off its SMA200. CHK registered 85.28% gain for a year compared to 6-month gain of 31.86%.
The stock witnessed a 1.92% loss in the last 1 month and extending the period to 3 months gives it a 25.62%, and is -2.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.13% over the week and 3.85% over the month.
Chesapeake Energy Corporation (CHK) has around 1300 employees, a market worth around $12.71B and $8.12B in sales. Current P/E ratio is 14.99 and Fwd P/E is 4.66. Profit margin for the company is 19.20%. Distance from 52-week low is 90.21% and -3.63% from its 52-week high. The company has generated returns on investments over the last 12 months (80.20%).
Chesapeake Energy Corporation (CHK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Chesapeake Energy Corporation (CHK) is a “Buy”. 13 analysts offering their recommendations for the stock have an average rating of 1.90, where 2 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Chesapeake Energy Corporation is expected to release its quarterly report on 11/02/2022.The EPS is expected to grow by 105.40% this year
Chesapeake Energy Corporation (CHK) Top Institutional Holders
The shares outstanding are 126.81M, and float is at 114.63M with Short Float at 16.65%.
Chesapeake Energy Corporation (CHK) Insider Activity
A total of 43 insider transactions have happened at Chesapeake Energy Corporation (CHK) in the last six months, with sales accounting for 32 and purchases happening 11 times. The most recent transaction is an insider purchase by Wichterich Michael, the company’s Executive Chairman. SEC filings show that Wichterich Michael bought 2,000 shares of the company’s common stock on Jun 27 at a price of $85.65 per share for a total of $0.17 million. Following the purchase, the insider now owns 25318.0 shares.
Chesapeake Energy Corporation disclosed in a document filed with the SEC on Jun 24 that Wichterich Michael (Executive Chairman) bought a total of 3,000 shares of the company’s common stock. The trade occurred on Jun 24 and was made at $81.50 per share for $0.24 million. Following the transaction, the insider now directly holds 23318.0 shares of the CHK stock.
Still, SEC filings show that on Jun 24, DELL’OSSO DOMENIC J JR (President and CEO) acquired 3,000 shares at an average price of $82.04 for $0.25 million. The insider now directly holds 35,891 shares of Chesapeake Energy Corporation (CHK).