Chesapeake Energy (NYSE:CHK) Upgraded to "Hold" by Zacks Investment Research

Marco Green
March 20, 2018

(NYSE:TJX) has declined 2.02% since March 20, 2017 and is downtrending. It has outperformed by 20.71% the S&P500.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.06, from 1.19 in 2017Q2. It turned negative, as 81 investors sold GIS shares while 366 reduced holdings.

When investors engage in short selling or "shorting a stock", they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. Because there must be a beginning, the first TR value is simply the High minus the Low, and the first 14-day ATR is the average of the daily TR values for the last 14 days. Maple Capital Management holds 2.11% or 309,635 shares in its portfolio. (NYSE:NLY) has "Neutral" rating given on Friday, October 9 by Bank of America. Bnp Paribas Asset Holding reported 46,022 shares or 0.01% of all its holdings. Bank Of Mellon has invested 0.06% in Eaton Vance Corp. The stock has PEG of 0.27. Mcf Limited Liability Co reported 100 shares. Northwest Counselors Llc has invested 0.32% in Eaton Vance Corp. In terms of EBITDA Yield, General Dynamics Corporation (NYSE:GD) now has a value of 0.065858. Schneider Mgmt Corporation holds 5.66M shares or 4.38% of its portfolio. 575.42 million shares or 0.30% less from 577.13 million shares in 2017Q2 were reported. Trust Department Mb Bancorporation N A holds 0% or 799 shares. Aperio Gru Limited Com holds 244,650 shares or 0.01% of its portfolio. Finally, Public Employees Retirement System of OH increased its holdings in shares of Chesapeake Energy by 45.9% in the second quarter. Gateway Investment Advisers Lc owns 207,575 shares or 0.09% of their U.S. portfolio. (NYSE:EV) to report earnings on May, 23. The consensus mean EPS for the current quarter is at $0.28 derived from a total of 25 estimates from the analysts who have weighed in on projected earnings. BAC's profit will be $6.03 billion for 13.55 P/E if the $0.59 EPS becomes a reality. After $0.78 actual EPS reported by Eaton Vance Corp. for the previous quarter, Wall Street now forecasts 2.56% EPS growth. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Therefore 83% are positive. Annaly Capital Management Inc had 26 analyst reports since August 6, 2015 according to SRatingsIntel. Cantor Fitzgerald maintained the stock with "Buy" rating in Thursday, February 22 report. Credit Suisse has "Outperform" rating and $36 target. Citigroup maintained it with "Neutral" rating and $9 target in Monday, September 14 report. The stock has "Buy" rating by Citigroup on Wednesday, January 11. (NYSE:GIS) has "Hold" rating given on Wednesday, November 8 by Societe Generale. (NASDAQ:DERM) earned "Buy" rating by Cantor Fitzgerald on Tuesday, July 25. Systematic Financial Limited Partnership reported 0.03% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). EPS is considered to be the only most crucial variable in determining a share's price.

EPS Estimate for the next Quarter is 0.28.

EPS Estimate for the next year is 0.74. The business had revenue of $2.52 billion during the quarter, compared to analyst estimates of $1.26 billion. Therefore 24% are positive. For the current year the company's revenue estimates are $9.42 Billion compared to low analyst estimates of $8.85 Billion and high estimates of $10.23 Billion according to 8 number of analysts. It has underperformed by 18.72% the S&P500. Mizuho cut Chesapeake Energy from a "neutral" rating to an "underperform" rating and increased their target price for the stock from $4.28 to $8.00 in a research report on Tuesday, January 16th. The rating was maintained by Piper Jaffray with "Hold" on Thursday, August 24. The stock now has an average rating of Hold and an average price target of $4.90. Tudor Pickering upgraded the shares of CHK in report on Thursday, July 21 to "Buy" rating. Seven analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. Raymond James downgraded the shares of CHK in report on Monday, January 4 to "Underperform" rating. (NASDAQ:DERM) on Wednesday, December 13.

Chesapeake Energy Corporation (CHK) has year to date performance of -22.73% and weekly performance of -1.29%. UBS maintained Chesapeake Energy Corporation (NYSE:CHK) on Friday, February 12 with "Sell" rating.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.06, from 1.19 in 2017Q2. It increased, as 53 investors sold CHK shares while 94 reduced holdings. 48 funds opened positions while 136 raised stakes. Gp reported 0% stake.

Brandes Investment Partners Lp decreased Telecom Italia S P A New (NYSE:TI) stake by 1.43M shares to 5.26M valued at $49.44 million in 2017Q3. Whittier owns 40,734 shares.

Chesapeake Energy Corporation (CHK) stock is now trading -23.73% away from its average-price of 200 days while it maintained a distance of -9.83% from its 50 Days Moving Average and 2.24% compared with the 20 Day Moving Average. Hsbc Public Limited Company reported 0.01% stake.

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