Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Chesapeake Energy Corp. (NASDAQ: CHK) closed at $86.79 in the last session, up 0.13% from day before closing price of $86.68. In other words, the price has increased by $0.13 from its previous closing price. On the day, 2.05 million shares were traded. CHK stock price reached its highest trading level at $87.76 during the session, while it also had its lowest trading level at $86.19.
Ratios:
We take a closer look at CHK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.22. 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 11373656064 and an Enterprise Value of 12280695808. As of this moment, Chesapeake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.69, and their Forward P/E ratio for the next fiscal year is 11.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 2.536 whereas that against EBITDA is 5.342.
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 0.47%, while the 200-Day Moving Average is calculated to be 4.30%.
Shares Statistics:
According to the various share statistics, CHK traded on average about 1.92M shares per day over the past 3-months and 1770420 shares per day over the past 10 days. 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 90.79% stake in the company. Shares short for CHK as of 1713139200 were 15860398 with a Short Ratio of 8.28, 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
The forward annual dividend rate for CHK is 2.27, which was 2.905 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.033514075
