Analysts' Activity to Watch: Chesapeake Energy Corp (CHK)

Marco Green
January 23, 2018

Accern also assigned media stories about the oil and gas exploration company an impact score of 47.351205317632 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. During last 3 month period, 0.22% of total institutional ownership has changed in the company shares.

When doing stock research, there is plenty of easily measureable data regarding publically traded companies. The NYSE-listed company saw a recent bid of $5.14 on volume of 21.59 million shares. The Boeing Company (NYSE:BA) has risen 41.13% since January 22, 2017 and is uptrending.

Greatmark Investment Partners Inc decreased its stake in Chesapeake Energy Corp (CHK) by 42.1% based on its latest 2017Q3 regulatory filing with the SEC. This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized. The volatility in the previous week has experienced by 4.04% and observed of 3.27% in the previous month. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. About 22.39M shares traded.

Recent insider trends for Chesapeake Energy Corporation (NYSE:CHK) have caught the attention of investors. It has outperformed by 33.04% the S&P500. If the ratio is greater than 1, then that means there has been an increase in price over the month. Its up 0.06, from 1.19 in 2017Q2. It improved, as 53 investors sold Chesapeake Energy Corporation shares while 94 reduced holdings. Barclays Capital maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Friday, January 29.

Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. CHK now has a 50-day MA of $3.93.

Shares of Chesapeake Utilities (NYSE CPK) opened at $71.85 on Tuesday. Jane Street Gp Ltd Llc, a New York-based fund reported 106,096 shares. 525.28 million shares or 0.91% more from 520.53 million shares in 2017Q2 were reported. 281,166 are held by Utd Service Automobile Association.

Shares of Chesapeake Energy Corp (NYSE:CHK) now have an Average Brokerage Recommendation of 3.59, number of Recs in ABR is 18 while industry rank of the company by ABR is out of 265. West Oak Capital Limited Liability Corp holds 0.01% or 2,694 shares in its portfolio.

On average, analysts expect that Chesapeake Utilities will report full year sales of $147.85 million for the current fiscal year, with estimates ranging from $579.00 million to $590.90 million. 147 are owned by Daiwa Secs Gru. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio.

However out of 18 analysts 1 suggest Chesapeake Energy Corp (NYSE:CHK) a Strong Buy, 3 suggested Buy, 18 Hold and 7 Sell, while 1 analysts recommend the stock a Strong Sell. Therefore 22% are positive. The high and low revenue estimates for the current quarter are $2.83 Billion and $2.22 Billion, respectively. Piper Jaffray maintained the shares of CHK in report on Thursday, August 24 with "Hold" rating. As per Monday, October 9, the company rating was downgraded by Jefferies. SunTrust maintained The Southern Company (NYSE:SO) on Wednesday, October 18 with "Hold" rating. The firm has "Equal-Weight" rating given on Tuesday, August 16 by Capital One. Barclays Capital has "Underweight" rating and $1 target. The stock's short float is around of 6.30% and short ratio is 2.32.

Chesapeake Energy (NYSE:CHK) last announced its quarterly earnings results on Thursday, November 2nd. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. CHK's profit will be $205.89 million for 4.29 P/E if the $0.23 EPS becomes a reality.

For the Current Quarter, the growth estimate for Chesapeake Energy Corporation is 242.9%, while for the Next Quarter the stock growth estimate is 17.4%.

Barrow Hanley Mewhinney & Strauss Llc, which manages about $91.02 billion and $66.34 billion US Long portfolio, upped its stake in Willis Towers Watson Plc by 77,936 shares to 2.08M shares, valued at $321.38M in 2017Q3, according to the filing. Finally, BlueCrest Capital Management Ltd raised its stake in shares of Chesapeake Energy by 341.2% in the 2nd quarter. Greenleaf Trust has invested 0% in The Southern Company (NYSE:SO). Institutional investors and hedge funds own 63.89% of the company's stock. Shelter Insur Retirement Plan reported 26,100 shares. 3 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. There has been an observed change of 0.46% in the ownership of the shares in the past six months. Diversified Trust owns 17,065 shares. Rowland & Inv Counsel Adv invested in 2,322 shares. Rare Infrastructure Ltd who had been investing in Southern Co for a number of months, seems to be bullish on the $44.60B market cap company. Sumitomo Mitsui Tru Holdg reported 0.21% stake. Moreover, Smithfield Com has 0.04% invested in The Southern Company (NYSE:SO).

Shares of GGP Inc. First Merchants stated it has 0.12% of its portfolio in The Boeing Company (NYSE:BA).

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