For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Chord Energy Corp (NASDAQ: CHRD) closed at $115.70 down -0.92% from its previous closing price of $116.77. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 0.61 million shares were traded. CHRD stock price reached its highest trading level at $117.79 during the session, while it also had its lowest trading level at $115.15.
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 135.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.58. 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 the company, BofA Securities on January 13, 2025, Downgraded its rating to Neutral and sets its target price to $138 from $208 previously.
On January 10, 2025, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $158.
Wolfe Research Upgraded its Peer Perform to Outperform on January 03, 2025, while the target price for the stock was maintained at $155.
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 Dec 16 ’24 when Kinney Shannon Browning sold 1,000 shares for $116.35 per share. The transaction valued at 116,350 led to the insider holds 19,488 shares of the business.
Kinney Shannon Browning bought 1,000 shares of CHRD for $116,350 on Dec 16 ’24. On Dec 09 ’24, another insider, Kinney Shannon Browning, who serves as the EVP, CAO, GC & Corp Secretary of the company, sold 1,000 shares for $121.27 each. As a result, the insider received 121,270 and left with 20,488 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 7072798720 and an Enterprise Value of 7955621888. As of this moment, Chord’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.96, and their Forward P/E ratio for the next fiscal year is 9.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.789 whereas that against EBITDA is 3.575.
Stock Price History:
The Beta on a monthly basis for CHRD is 0.99, which has changed by -0.2292409 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CHRD has reached a high of $186.59, while it has fallen to a 52-week low of $109.59. The 50-Day Moving Average of the stock is -4.59%, while the 200-Day Moving Average is calculated to be -21.06%.
Shares Statistics:
For the past three months, CHRD has traded an average of 872.89K shares per day and 659560 over the past ten days. A total of 61.48M shares are outstanding, with a floating share count of 60.15M. Insiders hold about 1.60% of the company’s shares, while institutions hold 89.67% stake in the company. Shares short for CHRD as of 1736899200 were 1616599 with a Short Ratio of 1.85, compared to 1734048000 on 1640541. Therefore, it implies a Short% of Shares Outstanding of 1616599 and a Short% of Float of 3.1600002000000003.
Dividends & Splits
According to the company, the forward annual dividend rate for CHRD is 4.96, from 10.15 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08692301
