Chesapeake Energy Corporation (NYSE:CHK) Insider Transactions Are in the Air
- Author: Zachary Reyes Feb 14, 2017,
Feb 14, 2017, 22:04
The growth estimate for the next five years is -49.1 percent (per annum). The company's stock has grown by -16.34 percent in the past 5 years.
A number of analysts offered their Estimated Earnings analysis for SeaDrill Limited (NYSE:SDRL) for the current quarter.
Chesapeake plans to operate an average of approximately 17 rigs in 2017, an increase from an average of 10 rigs in 2016. According to Zacks Investment Research, based on 5 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.06. The High end of the Estimate is $628.7 Million, while the Low end of the Estimate is $488 Million. The company has 1 year Price Target of $2.26. In a report issued on January 31, Credit Suisse analyst Mark Lear maintained a Hold rating on CHK, with a price target of $7.00, which represents a potential upside of 11% from where the stock is now trading.
Ford Motor Co. (NYSE:F) belongs to Auto-Tires-Trucks sector closed its last session with a gain of 0.4 percent and closed its previous trading session at $12.56. The volume of 29.27 Million shares climbed down over an trading activity of 47.27 Million shares. Chesapeake Energy Corporation has a 52 week low of $1.56 and a 52 week high of $8.20. The stock's 50 day moving average price is $6.84 and its 200-day moving average price is $6.44. The stock hit its 52-Week High on Mar 4, 2016 and 52-Week Low on Feb 2, 2017. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 12.69% with $877.65 Million sitting short, betting on future declines. The company's P/E is 0 and Forward P/E ratio is 43.64.
The Company now has ROA (Return on Assets) of -42.1 percent, Return on Equity (ROE) of 248.6 Percent and Return on Investment (ROI) of -145.7% with Gross margin of 55.7 percent and Operating & Profit margin of -63.7% and -62.3% respectively.
Omega Advisors Inc. purchased a new stake in Chesapeake Energy Corporation (NYSE:CHK) during the third quarter, according to its most recent disclosure with the SEC. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The highest and lowest price target given by the brokerage firms to the equity are $11 and $2.5, respectively. Nomura reaffirmed a "hold" rating and issued a $7.50 target price on shares of Chesapeake Energy Corporation in a research report on Monday, November 7th.
The stock is getting much attention these days as insiders are adding shares while they posted a -9.12% fall year to date.
The stock remained 8.15% volatile for the week and 6.63% for the month. Leading up to this report, we have seen a -8.66% fall in the stock price over the last 30 days and a 11.05% increase over the past 3 months. The stock has been active on the tape, now trading at $6.38, up from yesterday's close by 1.11%. The stock is now trading -8.72 percent higher from its SMA-50. The legal version of this news story can be accessed at https://www.com-unik.info/2017/02/13/commerzbank-aktiengesellschaft-fi-has-2551000-position-in-chesapeake-energy-corporation-chk-2.html. According to Finviz reported data, the stock now has Earnings per Share (EPS) (ttm) of $1.15.
Revenue is expected to range from 2.02 Billion to 2.22 Billion with an average of 2.09 Billion.
Chesapeake Energy Corporation will next provide financial results for the March 2017 quarter. For the next 5 years, the company is expected to grow by 5 percent.