Looking at top Wall Street opinions, Chesapeake Energy Corporation (NYSE: CHK) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Sell in the eyes of Goldman, whereas its previous rating was Neutral in the eyes of Goldman, as reported on Friday, April 12th, 2019. Another heavy-hitting research note was published by Imperial Capital on Thursday January 10th, 2019, with this firm Reiterated CHK to an updated rating of In-line. In the past six months and three months of trading, shares of Chesapeake Energy Corporation (CHK) have moved by -30.56% and 8.42%, respectively.
Brokerage Updates Related to Chesapeake Energy Corporation (CHK) Stock
This publicly-traded organization generated losses of -7.49% over the last 5 sessions. Right now, this stock is the subject of 22 analysts’ evaluations, who – on average – have given this company’s shares a Hold rating. Of the latest market expert opinions, 7 have given an underperform rating, 3 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 22 stock market experts following this company, the average 12-month price target is $3.08. Moreover, individual price targets range between $1.50-$5.00. With its recent move to $3.00, we can see that these firms project this stock will loss by -0.64% in one year.
Updates from Chesapeake Energy Corporation (CHK) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.40% rise since the beginning of the calendar year. A 10% Owner at Chesapeake Energy Corporation (CHK) sold off some of its shares in a transaction that was finalized on Mar 26. Similarly, NGP Energy Capital Management, sold 2,179,852 shares of the organization’s stock at $3.26 apiece and racked up $7,106,318 in earnings from the sale. Now, NGP Energy Capital Management, holds 13,422,664 shares of the company following the exchange. A 10% Owner of the organization named NGP Energy Capital Management,, was engaged in a transaction that occurred on Mar 20 that managed to be worth $12,359,156 from the sale of 3,733,884 common shares at a price of $3.31 per individual share.
Chesapeake Energy Corporation (NYSE:CHK) Results in the Pipeline
The next scheduled release of financial results for Chesapeake Energy Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.18. In the same vein, they expect sales for the quarter to amount to $2,295.84 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $3,069.00 million in revenue alongside EPS at $0.21. On average, the analyst projection was calling for $2,418.00 million with $0.19 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,255.00 million, with earnings per share ending up at $0.15.
Weatherford International plc (NYSE:WFT) experienced a gain of 8.37% from the closing price in the previous trading day. That boost the price to $0.62 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 17,428,172 shares of stock – compared to the typical average of 22.09M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $1.56.
Pricing Indications for Weatherford International plc (WFT)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 0.74 from its observable 50-day simple moving average. Right at this moment, the per-share value is -61.79% lower than the mean per-share price over the last 200 days in the market.
Weatherford International plc (NYSE:WFT) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 3 have a Buy rating, 7 have an outperform rating, while 11 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.60, based on information from Thomson Reuters.
WFT Stock Value Potential
In trading activity as of late, this stock’s value was 1.60 up from its 200 day moving average, while also -17.39% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $0.30-$5.00. The market value for the entire organization reached 617.40M. In the last trading session, the price ended the day at $0.57. The institutional holdings related to this organization account for 0.40%, and the Beta factor is now 2.24. This company’s RSI (Relative Strength Index) managed to hit 41.08.
Weatherford International plc (NYSE:WFT) Analyst Points of Focus
Weatherford International plc (WFT) has found itself inside of CapitalOne’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Equal Weight, compared to its previous rating of Overweight by CapitalOne, as garnered from a news report on Wednesday January 16th, 2019. An additional helpful research note was sent out by Raymond James’s on Thursday December 13th, 2018. The brokerage decided to downgrade WFT to Underperform from its previous rating of Mkt Perform.