Chesapeake Energy Corp. [CHK] stock prices are up 2.29% to $80.26 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CHK shares have gain 9.85% over the last week, with a monthly amount glided 12.08%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Barclays started tracking the stock with Equal Weight rating on April 10, 2024, and set its price target to $102. On April 04, 2024, KeyBanc Capital Markets initiated with a Sector Weight rating. Mizuho upgraded its rating to a Buy and increased its price target to $104 on January 12, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $95 on January 12, 2024. Mizuho downgraded its rating to Neutral for this stock on January 03, 2024, but kept the price target unchanged to $96. In a note dated December 14, 2023, UBS downgraded an Neutral rating on this stock and revised its target price from $106 to $86.
The stock price of Chesapeake Energy Corp. [CHK] has been fluctuating between $69.12 and $93.44 over the past year. Currently, Wall Street analysts expect the stock to reach $105 within the next 12 months. Chesapeake Energy Corp. [NASDAQ: CHK] shares were valued at $80.26 at the most recent close of the market. An investor can expect a potential return of 30.82% based on the average CHK price forecast.
Analyzing the CHK fundamentals
The Chesapeake Energy Corp. [NASDAQ:CHK] reported sales of 3.93B for trailing twelve months, representing a drop of -59.21%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 78.76 points at the first support level, and at 77.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 81.32, and for the 2nd resistance point, it is at 82.37.
Ratios To Look Out For
It’s worth pointing out that Chesapeake Energy Corp. [NASDAQ:CHK]’s Current Ratio is 2.16. In addition, the Quick Ratio stands at 2.16 and the Cash Ratio stands at 1.18. Considering the valuation of this stock, the price to sales ratio is 2.68, the price to book ratio is 1.02 and price to earnings (TTM) ratio is 27.06.
