Chesapeake Energy Corp. (NASDAQ: CHK) is -8.33% lower on its value in year-to-date trading and has touched a low of $69.42 and a high of $93.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CHK stock was last observed hovering at around $72.19 in the last trading session, with the day’s loss setting it -1.77%.
Currently trading at $70.42, the stock is -3.22% and -9.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.04 million and changing -2.45% at the moment leaves the stock -13.72% off its SMA200. CHK registered -21.86% loss for a year compared to 6-month loss of -14.94%.
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The stock witnessed a -0.96% gain in the last 1 month and extending the period to 3 months gives it a -20.48%, and is -3.51% 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 2.76% over the week and 2.15% over the month.
Chesapeake Energy Corp. (CHK) has around 1000 employees, a market worth around $9.24B and $3.93B in sales. Current P/E ratio is 23.74 and Fwd P/E is 11.41. Profit margin for the company is 11.14%. Distance from 52-week low is 1.44% and -24.63% from its 52-week high. The company has generated returns on investments over the last 12 months (3.53%).
Chesapeake Energy Corp. quarterly earnings per share for the current quarter are estimated at 0.18 with sales reaching $759.32M over the same period.The EPS is expected to shrink by -71.99% this year, but quarterly earnings will post -57.70% year-over-year. Quarterly sales are estimated to shrink -36.60% in year-over-year returns.
657.0 institutions hold shares in Chesapeake Energy Corp. (CHK), with institutional investors hold 116.90% of the company’s shares. The shares outstanding are 130.79M, and float is at 108.37M with Short Float at 18.94%. Institutions hold 111.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.69 million shares valued at $1.04 billion. The investor’s holdings represent 9.6738 of the CHK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKSTONE INC. with 12.69 million shares valued at $1.04 billion to account for 9.6723 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.46 million shares representing 8.7346 and valued at over $941.66 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 8.6916 of the shares totaling 11.4 million with a market value of $937.02 million.
