Chesapeake Energy Corp. [CHK] stock is trading at $87.27, down -0.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CHK shares have lost -2.94% over the last week, with a monthly amount glided 4.55%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Chesapeake Energy Corp. [NASDAQ: CHK] stock has seen the most recent analyst activity on April 10, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $102. On January 12, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $104 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $95 on January 12, 2024. Mizuho downgraded its rating to a Neutral but $96 remained the price target by the analyst firm on January 03, 2024. UBS downgraded its rating to Neutral for this stock on December 14, 2023, and downed its price target to $86. In a note dated December 14, 2023, Johnson Rice downgraded an Accumulate rating on this stock.
Chesapeake Energy Corp. [CHK] stock has fluctuated between $72.84 and $91.03 over the past year. Currently, Wall Street analysts expect the stock to reach $100.7 within the next 12 months. Chesapeake Energy Corp. [NASDAQ: CHK] shares were valued at $87.27 at the most recent close of the market. An investor can expect a potential return of 15.39% based on the average CHK price forecast.
Analyzing the CHK fundamentals
Chesapeake Energy Corp. [NASDAQ:CHK] reported sales of 5.86B for the trailing twelve months, which represents a drop of -65.24%. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.23 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.91 points at the first support level, and at 84.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.17, and for the 2nd resistance point, it is at 89.07.
Ratios To Look Out For
For context, Chesapeake Energy Corp.’s Current Ratio is 1.99. Further, the Quick Ratio stands at 1.99, while the Cash Ratio is 0.82. Considering the valuation of this stock, the price to sales ratio is 1.95, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 5.18.
