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.
Chord Energy Corp (NASDAQ: CHRD) closed the day trading at $93.51 down -1.48% from the previous closing price of $94.91. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 0.55 million shares were traded.
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 150.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
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 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:
As of this moment, Chord’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.88, and their Forward P/E ratio for the next fiscal year is 8.61. 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 0.65.
Stock Price History:
Over the past 52 weeks, CHRD has reached a high of $186.15, while it has fallen to a 52-week low of $79.83. The 50-Day Moving Average of the stock is -9.22%, while the 200-Day Moving Average is calculated to be -25.58%.
Shares Statistics:
A total of 60.07M shares are outstanding, with a floating share count of 58.62M. Insiders hold about 1.46% of the company’s shares, while institutions hold 92.39% stake in the company.
