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.

Many analysts weighed in on price targets for CHK. The maximum price target given was 9, implying potential capital gains of 85.95 percent. The most pessimistic analyst gave a price target of 1.5, implying a possible loss 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.

Analysts have revised their earnings estimates downwards for this quarter, by about -3.33 percent on average, compared to last month. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -7.09 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.61 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 8 analysts that revised their FY estimates downwards.

CHK has traded between a high of 8.20 and a low of 4.38 over the past year. The current market price is above the trailing year's low by 10.5 percent, and 40.98 percent lower than its 52-week high. CHK has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.