Chesapeake Energy Corp. [CHK] is -6.28% lower this YTD. Is it still time to buy?

Chesapeake Energy Corp. [NASDAQ: CHK] gained 2.24% on the last trading session, reaching $72.00 price per share at the time.

If compared to the average trading volume of 1.72M shares, CHK reached a trading volume of 5482552 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Chesapeake Energy Corp. [CHK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHK shares is $102.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHK stock is a recommendation set at 1.91. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for Chesapeake Energy Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 18, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on April 10, 2024, representing the official price target for Chesapeake Energy Corp. stock. On January 12, 2024, analysts increased their price target for CHK shares from 96 to 104.

The Average True Range (ATR) for Chesapeake Energy Corp. is set at 1.91, with the Price to Sales ratio for CHK stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 0.91, with the Price to Cash per share for the same quarter was set at 11.09. Price to Free Cash Flow for CHK in the course of the last twelve months was 44.59 with Quick ratio for the last quarter at 2.16.

Trading performance analysis for CHK stock

Chesapeake Energy Corp. [CHK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.03. With this latest performance, CHK shares gained by 1.81% in over the last four-week period, additionally sinking by -11.97% over the last 6 months – not to mention a drop of -18.76% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CHK stock in for the last two-week period is set at 43.10, with the RSI for the last a single of trading hit 44.98, and the three-weeks RSI is set at 41.37 for Chesapeake Energy Corp. [CHK]. The present Moving Average for the last 50 days of trading for this stock 76.89, while it was recorded at 72.62 for the last single week of trading, and 81.59 for the last 200 days.

Chesapeake Energy Corp. [CHK]: A deeper dive into fundamental analysis

Chesapeake Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.16 and a Current Ratio set at 2.16.

Chesapeake Energy Corp. [CHK]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Chesapeake Energy Corp. posted 1.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.6/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.49. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Chesapeake Energy Corp. go to 7.40%.

An analysis of Institutional ownership at Chesapeake Energy Corp. [CHK]

There are presently around $111.24%, or 116.90%% of CHK stock, in the hands of institutional investors. The top three institutional holders of CHK stocks are: VANGUARD GROUP INC with ownership of 12.69 million shares, which is approximately 9.6738%. BLACKSTONE INC., holding 12.69 million shares of the stock with an approximate value of $$1.04 billion in CHK stocks shares; and BLACKSTONE INC., currently with $$941.66 million in CHK stock with ownership which is approximately 8.7346%.