Quarterly EPS analysis of Chesapeake Energy Corporation (NYSE:CHK)

Chesapeake Energy Corp. (NYSE:CHK) last released its quarterly earnings results on Thursday, November 3rd.

Chesapeake Energy Corp (NYSE:CHK) has average revenue estimates of $2.22 Billion, compared to low analyst estimates of $2.14 Billion and high estimates of $2.34 Billion for the current quarter.

Beta is also an important valuation ratio for analyzing the stock of the company, CHK has Beta of 2.14 while its industry and Sector's beta remains at 0.88 and 0.78 respectively. In contrast to the year ago quarter EPS was at 0.22.

Shares of Chesapeake Energy Corp (NYSE:CHK) now have an Average Brokerage Recommendation of 3.42, number of Recs in ABR is 18 while industry rank of the company by ABR is out of 265. For the next financial year, analysts expect that the business will report earnings of $0.79 per share, with EPS estimates ranging from $0.35 to $1.18. Zacks' sales averages are a mean average based on a survey of sell-side analysts that cover Chesapeake Utilities Corporation. Chesapeake Energy Corporation (CHK) has an operating margin of 2.80%. The oil and gas exploration company reported $0.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. For the next fiscal year, analysts forecast that the firm will report sales of $636.05 million per share, with estimates ranging from $629.50 million to $642.60 million.

Chesapeake has annual revenue of almost $500 million a year. That's a potential 11.11 gain from where (NYSE:CHK) has been trading recently. Chesapeake Energy Corporation (CHK) average trading volume of 27,293,289 during the past month is 21.72% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. Finally, BidaskClub upgraded Chesapeake Utilities Corporation from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 26th. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of -4.17. Citigroup Inc. restated a "neutral" rating and issued a $8.00 target price on shares of Chesapeake Energy Corp.in a research note on Tuesday, October 18th. The stock's average target of $65 is -19.20% below today's ($80.45) share price. (NYSE:CHK) opened at 6.62 on Friday. The last close places the company's stock about $4.05 off its 52 week high of $8.2 and $0.74 above the 52 week low of $3.41.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. The market capitalization of the company is at $3.74 Billion.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Harris Associates L P increased its position in shares of Chesapeake Energy Corp.by 1,007.7% in the third quarter. The stock added 0.69% beyond one week and climbed 0.54% during previous one month session. Stifel Financial Corp boosted its stake in shares of Chesapeake Utilities Corporation by 5.6% in the first quarter. For the quarter, performance is at 2.76%. Finally, Rhumbline Advisers grew its position in Chesapeake Energy Corporation by 20.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,812 shares of the utilities provider's stock worth $194,000 after acquiring an additional 46 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: This news story was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of global trademark and copyright legislation. The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services. The Firm operates through two divisions: Regulated Energy and Unregulated Energy. Exploration and production is engaged in finding and producing oil, natural gas and NGL.

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