A Glimpse Into The Expert Outlook On Chesapeake Energy Through 11 Analysts
Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on Chesapeake Energy (NASDAQ:CHK) in the last three months.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 7 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 3 | 0 | 1 | 0 | 0 |
| 3M Ago | 4 | 0 | 3 | 0 | 0 |
Analysts have set 12-month price targets for Chesapeake Energy, revealing an average target of $104.36, a high estimate of $117.00, and a low estimate of $93.00. Experiencing a 0.8% decline, the current average is now lower than the previous average price target of $105.20.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive Chesapeake Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nitin Kumar | Mizuho | Raises | Buy | $111.00 | $101.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $93.00 | $107.00 |
| Mike Scialla | Stephens & Co. | Raises | Equal-Weight | $117.00 | $116.00 |
| Nitin Kumar | Mizuho | Raises | Buy | $101.00 | $100.00 |
| Cameron Bean | Scotiabank | Raises | Sector Perform | $110.00 | $92.00 |
| Nitin Kumar | Mizuho | Maintains | Buy | $100.00 | $100.00 |
| Josh Silverstein | UBS | Raises | Neutral | $94.00 | $92.00 |
| Betty Jiang | Barclays | Announces | Equal-Weight | $102.00 | - |
| Lloyd Byrne | Jefferies | Lowers | Buy | $115.00 | $118.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $93.00 | $107.00 |
| Neal Dingmann | Truist Securities | Lowers | Buy | $112.00 | $119.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Chesapeake Energy. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Chesapeake Energy compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Chesapeake Energy's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Chesapeake Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Chesapeake Energy analyst ratings.
Get to Know Chesapeake Energy Better
Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Chesapeake Energy: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Chesapeake Energy faced challenges, resulting in a decline of approximately -64.65% in revenue growth as of 31 March, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Chesapeake Energy's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 2.42%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Chesapeake Energy's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.24%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Chesapeake Energy's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.18%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.2.
How Are Analyst Ratings Determined?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.