One Stock Analysts Are Watching - US Energy Corp. (USEG)
- Author: Zachary Reyes Mar 20, 2017,
Mar 20, 2017, 16:42
Insider Trades for Chesapeake Energy Corporation show that the latest trade was made on 7 Mar 2017 where Dunham (Archie W), the Director completed a transaction type "Buy" in which 500000 shares were traded at a price of $5.24. Based on an average daily trading volume, of 47,887,188 shares, the days-to-cover ratio is presently 2.8 days. The Market Cap of the company stands at 4.92 Billion.
The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. The RSI oscillates between zero and 100.
Many analysts have provided their estimated foresights on Chesapeake Energy Corporation Earnings, with 22 analysts believing the company would generate an Average Estimate of $0.17. They now have a United States dollars 7 price target on the stock. The stock traded between $5.30 and $5.51 on volume of 32.82 million shares traded. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward.
According to sentiments of 29 analysts the mean estimates of short term price target for the company's stock is marked at $7.43. Its foretold price is $6.968.
University of MI professor and noted insider trading researcher discovered that when insiders bought shares of their own companies, the stocks outperformed the total market by 8.9% over the next 12-month period.
Shares outstanding are recorded as 903.30 Million and total shares floated are 898.39 Million. Earnings per share serves as an indicator of a company's profitability. According to their predictions High & Low revenue estimates are 2.52 Billion and 2.06 Billion respectively. Hedge funds and other institutional investors own 66.74% of the company's stock. Thus the company showed an Earnings Surprise of 0 Percent.
Chesapeake Energy Corporation (CHK) topped its 52-week high price of $8.2 on Dec 12, 2016 and 52-Week Low Price of $3.53 on April 5, 2016.
The company is expected to report earnings of $0.47 per share for the current quarter, according to consensus agreement of 17 analysts. The company has Beta Value of 2.02 and ATR value of 0.25. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.
Many Analysts provided their foresight on Revenue Estimates of Chesapeake Energy Corporation where they believe that the company has the potential to earn average revenue of $2.29 Billion for the current quarter. The high and low revenue estimates for the current quarter are $2.53 Billion and $2.06 Billion, respectively. Public Employees Retirement System of OH now owns 242,309 shares of the oil and gas exploration company's stock valued at $1,037,000 after buying an additional 95,667 shares in the last quarter.
The stock's 50 day moving average is 2.55 and its 200 day moving average is 3.47. The current share price indicate that stock is -51.46% away from its one year high and is moving 19.49% ahead of its 52-week low.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Deutsche Bank AG dropped their price objective on Chesapeake Energy from $9.00 to $8.00 and set a hold rating on the stock in a research note on Tuesday, March 7th.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. The analysts believe that the company stock price could grow as high as $11.
Analysts give MA a mean recommendation of 1.90. Two research analysts have rated the stock with a sell rating, twenty have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Chesapeake Energy Corporation got Upgrade on 24-Feb-17 where investment firm UBS Upgrade the stock from Sell to Neutral.