Chord Energy Corp [CHRD] stock prices are up 1.15% to $115.67 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 CHRD shares have gain 5.47% over the last week, with a monthly amount drifted -6.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Chord Energy Corp [NASDAQ: CHRD] stock has seen the most recent analyst activity on January 13, 2025, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $138 from $208. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on January 10, 2025, and set its price target to $158. On January 03, 2025, upgrade upgraded it’s rating to Outperform but maintained its price target of $155 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $168 on October 16, 2024. Jefferies initiated its recommendation with a Hold and recommended $160 as its price target on September 06, 2024.
The stock price of Chord Energy Corp [CHRD] has been fluctuating between $107.24 and $186.59 over the past year. Currently, Wall Street analysts expect the stock to reach $185.44 within the next 12 months. Chord Energy Corp [NASDAQ: CHRD] shares were valued at $115.67 at the most recent close of the market. An investor can expect a potential return of 60.32% based on the average CHRD price forecast.
Analyzing the CHRD fundamentals
The Chord Energy Corp [NASDAQ:CHRD] reported sales of 4.76B for trailing twelve months, representing a surge of 29.12%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.14 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 114.20 points at the first support level, and at 112.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 116.46, and for the 2nd resistance point, it is at 117.25.
Ratios To Look Out For
It’s worth pointing out that Chord Energy Corp [NASDAQ:CHRD]’s Current Ratio is 0.93. In addition, the Quick Ratio stands at 0.89 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 5.96.
Transactions by insiders
Recent insider trading involved Kinney Shannon Browning, EVP, CAO, GC & Corp Secretary, that happened on Dec 16 ’24 when 1000.0 shares were sold. Officer, Kinney Shannon Browning completed a deal on Dec 16 ’24 to buy 1000.0 shares. Meanwhile, EVP, CAO, GC & Corp Secretary Kinney Shannon Browning sold 1000.0 shares on Dec 09 ’24.
