Chesapeake Energy Corporation (NYSE:CHK): Financial Health and Analyst Ratings

Chesapeake Energy Stock Wall Street Analysts’ Recommendations

Chesapeake Energy Stock Wall Street Analysts’ Recommendations

Also, it has an estimated price-earnings (P/E) multiple of 5.69. It has been assigned a low target price of $24 and a high target price of $36.

Beta is also an important valuation ratio for analyzing the stock of the company, CHK has Beta of 2.14 while its industry and Sector's beta remains at 0.88 and 0.78 respectively.

"Our solid results for the third quarter reflect the diverse sources of new gross margin throughout our company", statedMichael P. McMasters, CEO. Currently, 902.1 million total shares are owned by the public and among those 900.27 million shares have been available to trade. The analysts estimated EPS for the higher end at 0.36 and lower end at 0.14 while the year ago reported earnings per share was 0.27. Nomura restated a "sell" rating and issued a $17.00 target price on shares of Chesapeake Energy a research note on Monday, September 26th.

Chesapeake Energy Corp (NYSE:CHK) as of recent trade, has shown weekly downbeat performance of -0.72% which was maintained at 6.96% in 1-month period. The oil and gas exploration company reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.12. The return on assets stands at -3.9%, Return on Equity now is 16.2% and the Return on Investment value is -56.9%. The business had revenue of $979.00 million during the quarter, compared to analysts' expectations of $1.05 billion.

On a similar note, analysts expect EPS of $0.04 in October 2017 quarter and $2.37 in January 2018 quarter, representing 0% and 4.87% growth, respectively. That's a potential 11.11 gain from where (NYSE:CHK) has been trading recently.

Chesapeake Energy Corporation (NYSE:CHK) has a beta of 2.15, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. Stifel Nicolaus reissued a "buy" rating on shares of Chesapeake Energy Corporation in a report on Friday, July 21st. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.39 and a current ratio of 0.44. The stock of Chesapeake Utilities Corporation (NYSE:CPK) has "Neutral" rating given on Monday, August 10 by Robert W. Baird. Its minimum price target estimates has been figured out at $1.5 while the maximum price target forecast is established at $8.

Chesapeake Energy Corporation (CHK) opened at $4.15 on Tuesday. Total debt to equity ratio of the company for most recent quarter is 7.03 while Long term debt to equity ratio for same time period is 6.87. Shares of CHK have increased 1.72% in the past three monthswhile the S&P 500 has dropped -5.46% in that time. During the past six months, Chesapeake Utilities Corporation (NYSE:CPK)'s stock has been 14.55% and 29.49% for the last 12 months. Schwab Charles Investment Management Inc. grew its holdings in Chesapeake Energy Corporation by 55.6% during the 3rd quarter. BlueCrest Capital Management Ltd now owns 582,336 shares of the oil and gas exploration company's stock valued at $2,894,000 after acquiring an additional 450,336 shares during the last quarter. Finally, Eqis Capital Management Inc. boosted its stake in shares of Chesapeake Utilities Corporation by 13.0% in the second quarter. According to today's trading volume Chesapeake Energy Corporation is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. BlackRock Group LTD now owns 2,443,934 shares of the oil and gas exploration company's stock valued at $15,325,000 after buying an additional 303,715 shares in the last quarter. Institutional investors own 60.38% of the company's stock. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of worldwide trademark and copyright legislation. The correct version of this news story can be accessed at The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services. The Company operates through two segments: Regulated Energy and Unregulated Energy.