Closing Strong: Chord Energy Corp (CHRD) Ends at 126.43, Down -1.09 from Last Close

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After finishing at $127.82 in the prior trading day, Chord Energy Corp (NASDAQ: CHRD) closed at $126.43, down -1.09%. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 0.72 million shares were traded. CHRD stock price reached its highest trading level at $129.77 during the session, while it also had its lowest trading level at $126.315.

Ratios:

Our goal is to gain a better understanding of CHRD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 146.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 16, 2024, initiated with a Buy rating and assigned the stock a target price of $168.

On September 06, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $160.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 10 ’24 when Brooks Douglas E sold 2 shares for $143.18 per share. The transaction valued at 286 led to the insider holds 25,268 shares of the business.

Holroyd Samantha bought 500 shares of CHRD for $74,755 on Aug 23 ’24. The Director now owns 14,417 shares after completing the transaction at $149.51 per share. On Feb 16 ’24, another insider, Lou Michael H, who serves as the EVP and CFO of the company, sold 3,000 shares for $165.00 each. As a result, the insider received 495,000 and left with 128,209 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHRD now has a Market Capitalization of 7728729088 and an Enterprise Value of 8611552256. As of this moment, Chord’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 9.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.936 whereas that against EBITDA is 3.87.

Stock Price History:

Over the past 52 weeks, CHRD has reached a high of $186.59, while it has fallen to a 52-week low of $123.12. The 50-Day Moving Average of the stock is -3.02%, while the 200-Day Moving Average is calculated to be -19.01%.

Shares Statistics:

The stock has traded on average 905.92K shares per day over the past 3-months and 1205570 shares per day over the last 10 days, according to various share statistics. A total of 61.13M shares are outstanding, with a floating share count of 60.18M. Insiders hold about 1.56% of the company’s shares, while institutions hold 89.99% stake in the company. Shares short for CHRD as of 1731628800 were 1948499 with a Short Ratio of 2.15, compared to 1728950400 on 2461960. Therefore, it implies a Short% of Shares Outstanding of 1948499 and a Short% of Float of 3.81.

Dividends & Splits

In the trailing 12 months, CHRD’s forward annual dividend rate was 10.15, compared to 8.15 this year. Against a Trailing Annual Dividend Yield of 0.080192775

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