In the preceding three months, 10 analysts have released ratings for Chesapeake Energy (NASDAQ:CHK), presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 0 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 1 | 0 | 0 |
| 1M Ago | 4 | 0 | 3 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Chesapeake Energy and provided 12-month price targets. The average target is $104.4, accompanied by a high estimate of $117.00 and a low estimate of $93.00. This current average represents a 0.88% decrease from the previous average price target of $105.33.
Decoding Analyst Ratings: A Detailed Look
In examining recent analyst actions, we gain insights into 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 |
|---|---|---|---|---|---|
| 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 |
| Nitin Kumar | Mizuho | Lowers | Buy | $100.00 | $104.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Chesapeake Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, 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.
To gain a panoramic view of Chesapeake Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Chesapeake Energy analyst ratings.
Discovering Chesapeake Energy: A Closer Look
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.
A Deep Dive into Chesapeake Energy's Financials
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Negative Revenue Trend: Examining Chesapeake Energy's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -56.13% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Chesapeake Energy's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 31.45%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 5.42%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Chesapeake Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.98%, the company showcases efficient use of assets and strong financial health.
Debt Management: Chesapeake Energy's debt-to-equity ratio is below the industry average at 0.2, reflecting a lower dependency on debt financing and a more conservative financial approach.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.