Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Chord Energy Corp (NASDAQ: CHRD) closed the day trading at $98.5 down -1.31% from the previous closing price of $99.81. In other words, the price has decreased by -$1.31% from its previous closing price. On the day, 1.18 million shares were traded. CHRD stock price reached its highest trading level at $99.9 during the session, while it also had its lowest trading level at $97.32.
Ratios:
For a better understanding of CHRD, 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 159.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.26. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
On January 13, 2025, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $208 to $138.
On January 10, 2025, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $158.Morgan Stanley initiated its Equal-Weight rating on January 10, 2025, with a $158 target price.
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 May 08 ’25 when Kinney Shannon Browning sold 3,091 shares for $94.10 per share. The transaction valued at 290,863 led to the insider holds 21,277 shares of the business.
Kinney Shannon Browning bought 3,091 shares of CHRD for $290,863 on May 08 ’25. On Dec 16 ’24, another insider, Kinney Shannon Browning, who serves as the EVP, CAO, GC & Corp Secretary of the company, sold 1,000 shares for $116.35 each. As a result, the insider received 116,350 and left with 19,488 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 5688847872 and an Enterprise Value of 6494474240. As of this moment, Chord’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.60, and their Forward P/E ratio for the next fiscal year is 10.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.289 whereas that against EBITDA is 2.552.
Stock Price History:
The Beta on a monthly basis for CHRD is 0.97, which has changed by -0.40414977 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, CHRD has reached a high of $179.37, while it has fallen to a 52-week low of $79.83. The 50-Day Moving Average of the stock is 3.77%, while the 200-Day Moving Average is calculated to be -13.47%.
Shares Statistics:
Over the past 3-months, CHRD traded about 852.37K shares per day on average, while over the past 10 days, CHRD traded about 965240 shares per day. A total of 58.20M shares are outstanding, with a floating share count of 57.15M. Insiders hold about 1.04% of the company’s shares, while institutions hold 92.69% stake in the company. Shares short for CHRD as of 1748563200 were 2318723 with a Short Ratio of 2.72, compared to 1745971200 on 2279472. Therefore, it implies a Short% of Shares Outstanding of 2318723 and a Short% of Float of 4.52.
Dividends & Splits
CHRD’s forward annual dividend rate is 6.40, up from 6.56 a year ago. Against a Trailing Annual Dividend Yield of 0.06572488
