Analyst Ratings for Chesapeake Energy Corp. (CHK)Updated: 2017-07-26
An average rating of Hold has been given to Chesapeake Energy Corp. (NYSE:CHK) by analysts covering the stock. Last month, CHK received an average rating of Hold.
32 analysts issued ratings on the stock, where 5 gave CHK a buy rating, 1 gave an overweight rating, 20 issued a hold rating, 1 issued an underweight rating, and 5 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 2.
Investment analysts gave a few price targets for CHK. The most optimistic price target was 9, implying a possible profit of 85.95 percent. The most pessimistic price target was 1.5, implying potential capital losses of -69.01 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -3.33 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -7.09 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.61 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 8 analysts decreased their estimates.
CHK has traded between a high of 8.20 and a low of 4.38 over the past year. Currently the stock is 10.5 percent higher than its low, and below the high by 40.98 percent. CHK has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CHK value stock report compares CHK to some of its peers using value stock charts. The stock has a market capitalization of $4.4 billion. CHK's next earnings release will be on 0000-00-00, which is days away.