Chesapeake Energy Corporation (NYSE:CHK) Valuation According To Analysts

Crude Oil Prices Impacted Chesapeake Energy Stock

Jefferies Initiates Coverage on Chesapeake Energy Corporation (CHK) Setting A Rating Of “Underperform”

The institutional investor owned 83,356 shares of the oil and gas exploration company's stock after selling 90,100 shares during the period. Finally, Gotham Asset Management LLC acquired a new position in shares of Chesapeake Energy Corporation in the second quarter worth $126,000. Advisory Services Network LLC now owns 23,413 shares of the oil and gas exploration company's stock worth $116,000 after acquiring an additional 7,000 shares during the last quarter. IL lifted its holdings in shares of Chesapeake Energy Corporation by 10.5% in the 2nd quarter. The stock price hovered in an intraday range of $3.76- $3.97. Advisory Services Network LLC raised its holdings in shares of Chesapeake Energy Corporation by 42.6% in the second quarter. For the current year the company's revenue estimates are $9.44 Billion compared to low analyst estimates of $9.35 Billion and high estimates of $9.63 Billion according to the prediction of 7 analysts. This presents short term, intermediate and long term technical levels of Ferro Corporation (FOE) stock.

A number of research analysts have weighed in on the stock. The stock of Chesapeake Energy Corporation (NYSE:CHK) has "Hold" rating given on Tuesday, June 14 by Deutsche Bank. Jefferies Group also issued estimates for Chesapeake Energy Corporation's Q4 2017 earnings at $0.17 EPS, FY2017 earnings at $0.62 EPS, Q1 2018 earnings at $0.25 EPS, Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.23 EPS, FY2018 earnings at $0.84 EPS and FY2019 earnings at $1.24 EPS. BMO Capital Markets reiterated a "hold" rating and issued a $6.00 target price on shares of Chesapeake Energy in a research note on Monday, May 15th.

Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Barclays Capital's target price per share indicates a possible downside of -24.24 % from the last close price of the company. $6.66's average target is 72.54% above currents $3.86 stock price.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this story on another site, it was stolen and republished in violation of United States and worldwide copyright and trademark legislation. The legal version of this piece of content can be viewed at https://stocknewstimes.com/2017/10/12/public-sector-pension-investment-board-has-414000-position-in-chesapeake-energy-corporation-chk.html. Finally, Stifel Nicolaus reissued a "buy" rating on shares of Chesapeake Energy Corporation in a report on Friday, July 21st. The stock was bought at an average cost of $4.11 per share, with a total value of $102,750.00. It has outperformed by 33.04% the S&P500.The move comes after 6 months negative chart setup for the $3.43 billion company. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Earnings surprises can have a huge impact on a company's stock price. Stifel Nicolaus maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Wednesday, September 13. The company has market cap of $3.43 billion. The company rocked its 52-Week High of $8.2 and touched its 52-Week Low of $3.55. Captrust Fincl Advisors has invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK).

While considering EPS estimates of the company, it has next quarter growth estimates of 0.21 whereas during current year it has 0.72 estimations over growth, comparing to the estimations of 0.74 during next year. Chesapeake Energy Corporation had a negative return on equity of 16.10% and a negative net margin of 9.52%. During the same period in the previous year, the firm posted ($0.14) earnings per share. The business's revenue was up 40.6% on a year-over-year basis.

Following trading activity for Chesapeake Energy Corporation (NYSE:CHK), we can see that the stock has moved onto today's list of most actives.

Relative strength index (RSI-14) for Chesapeake Energy Corporation (CHK) is at 38.25. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL.

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