At the time of writing, Chord Energy Corp [CHRD] stock is trading at $129.99, up 0.04%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CHRD shares have gain 2.76% over the last week, with a monthly amount drifted -5.32%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Chord Energy Corp [NASDAQ: CHRD] stock has seen the most recent analyst activity on October 16, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $168. Previously, Jefferies started tracking the stock with Hold rating on September 06, 2024, and set its price target to $160. On July 18, 2024, Wolfe Research initiated with a Peer Perform rating. In a note dated January 05, 2024, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $177 to $165.
For the past year, the stock price of Chord Energy Corp fluctuated between $126.38 and $186.87. Currently, Wall Street analysts expect the stock to reach $195.36 within the next 12 months. Chord Energy Corp [NASDAQ: CHRD] shares were valued at $129.99 at the most recent close of the market. An investor can expect a potential return of 50.29% based on the average CHRD price forecast.
Analyzing the CHRD fundamentals
According to Chord Energy Corp [NASDAQ:CHRD], the company’s sales were 4.43B for trailing twelve months, which represents an 38.22% jump. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.15 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 128.92 points at the first support level, and at 127.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.28, and for the 2nd resistance point, it is at 132.57.
Ratios To Look Out For
It is important to note that Chord Energy Corp [NASDAQ:CHRD] has a current ratio of 0.96. In addition, the Quick Ratio stands at 0.91 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 6.31.
Transactions by insiders
Recent insider trading involved Brooks Douglas E, Director, that happened on Sep 10 ’24 when 2.0 shares were sold. Director, Holroyd Samantha completed a deal on Aug 23 ’24 to buy 500.0 shares. Meanwhile, EVP and CFO Lou Michael H sold 3000.0 shares on Feb 16 ’24.
