Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Chesapeake Energy Corp. (NASDAQ: CHK) closed the day trading at $89.08 up 2.78% from the previous closing price of $86.67. In other words, the price has increased by $2.78 from its previous closing price. On the day, 2.0 million shares were traded. CHK stock price reached its highest trading level at $89.8895 during the session, while it also had its lowest trading level at $87.63.
Ratios:
For a better understanding of CHK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.25. For the most recent quarter (mrq), Quick Ratio is recorded 2.33 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.
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, Barclays on April 10, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $102.
Mizuho Upgraded its Neutral to Buy on January 12, 2024, whereas the target price for the stock was revised from $96 to $104.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHK now has a Market Capitalization of 11673755648 and an Enterprise Value of 12580797440. As of this moment, Chesapeake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.00, and their Forward P/E ratio for the next fiscal year is 11.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 2.598 whereas that against EBITDA is 5.472.
Stock Price History:
Over the past 52 weeks, CHK has reached a high of $93.58, while it has fallen to a 52-week low of $72.84. The 50-Day Moving Average of the stock is 2.97%, while the 200-Day Moving Average is calculated to be 6.99%.
Shares Statistics:
Over the past 3-months, CHK traded about 1.95M shares per day on average, while over the past 10 days, CHK traded about 2029050 shares per day. A total of 130.79M shares are outstanding, with a floating share count of 108.73M. Insiders hold about 17.03% of the company’s shares, while institutions hold 90.72% stake in the company. Shares short for CHK as of 1713139200 were 15860398 with a Short Ratio of 8.15, compared to 1710460800 on 15329520. Therefore, it implies a Short% of Shares Outstanding of 15860398 and a Short% of Float of 12.1300004.
Dividends & Splits
CHK’s forward annual dividend rate is 2.27, up from 2.905 a year ago. Against a Trailing Annual Dividend Yield of 0.03351794
