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In the latest session, Chord Energy Corp (NASDAQ: CHRD) closed at $173.88 up 1.75% from its previous closing price of $170.89. In other words, the price has increased by $1.75 from its previous closing price. On the day, 0.54 million shares were traded. CHRD stock price reached its highest trading level at $173.9 during the session, while it also had its lowest trading level at $171.0.
Ratios:
For a deeper understanding of Chord Energy Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 16 ’24 when Lou Michael H sold 3,000 shares for $165.00 per share. The transaction valued at 495,000 led to the insider holds 128,209 shares of the business.
Lou Michael H sold 3,000 shares of CHRD for $462,450 on Feb 01 ’24. The EVP and CFO now owns 131,209 shares after completing the transaction at $154.15 per share. On Jan 04 ’24, another insider, Lou Michael H, who serves as the EVP and CFO of the company, sold 6,000 shares for $169.80 each. As a result, the insider received 1,018,800 and left with 170,835 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 10829251584 and an Enterprise Value of 7391137280. As of this moment, Chord’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.15, and their Forward P/E ratio for the next fiscal year is 8.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 1.934 whereas that against EBITDA is 4.011.
Stock Price History:
The Beta on a monthly basis for CHRD is 1.03, which has changed by 0.15438831 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, CHRD has reached a high of $188.46, while it has fallen to a 52-week low of $140.77. The 50-Day Moving Average of the stock is -0.53%, while the 200-Day Moving Average is calculated to be 5.90%.
Shares Statistics:
For the past three months, CHRD has traded an average of 1.22M shares per day and 1884960 over the past ten days. A total of 41.25M shares are outstanding, with a floating share count of 40.81M. Insiders hold about 2.12% of the company’s shares, while institutions hold 104.93% stake in the company. Shares short for CHRD as of 1718323200 were 3451209 with a Short Ratio of 2.82, compared to 1715731200 on 4376682. Therefore, it implies a Short% of Shares Outstanding of 3451209 and a Short% of Float of 6.59.
Dividends & Splits
According to the company, the forward annual dividend rate for CHRD is 6.69, from 10.05 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05880976
Earnings Estimates
Currently, 12.0 analysts are dedicated to thoroughly evaluating and rating the performance of Chord Energy Corp (CHRD) in the stock market.On average, analysts expect EPS of $5.43 for the current quarter, with a high estimate of $7.19 and a low estimate of $3.85, while EPS last year was $3.65. The consensus estimate for the next quarter is $5.38, with high estimates of $6.21 and low estimates of $4.02.
Analysts are recommending an EPS of between $23.41 and $16.39 for the fiscal current year, implying an average EPS of $21.18. EPS for the following year is $22.0, with 12.0 analysts recommending between $30.16 and $15.27.
Revenue Estimates
For the next quarter, 9 analysts are estimating revenue of $1.33B. There is a high estimate of $1.58B for the next quarter, whereas the lowest estimate is $1.17B.
A total of 9 analysts have provided revenue estimates for CHRD’s current fiscal year. The highest revenue estimate was $5.43B, while the lowest revenue estimate was $4.2B, resulting in an average revenue estimate of $4.64B. In the same quarter a year ago, actual revenue was $3.9BBased on 9 analysts’ estimates, the company’s revenue will be $5.27B in the next fiscal year. The high estimate is $6.27B and the low estimate is $4.42B.
