11 analysts have shared their evaluations of Chord Energy CHRD during the recent three months, expressing a mix of bullish and bearish perspectives.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 5 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $189.45, a high estimate of $212.00, and a low estimate of $160.00. A 6.88% drop is evident in the current average compared to the previous average price target of $203.44.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Chord Energy by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Lear | Piper Sandler | Raises | Overweight | $212.00 | $211.00 |
| Hanwen Chang | Wells Fargo | Lowers | Overweight | $180.00 | $185.00 |
| Josh Silverstein | UBS | Announces | Buy | $168.00 | - |
| Mark Lear | Piper Sandler | Raises | Overweight | $211.00 | $206.00 |
| Phillip Jungwirth | BMO Capital | Lowers | Outperform | $175.00 | $205.00 |
| Hanwen Chang | Wells Fargo | Lowers | Overweight | $185.00 | $200.00 |
| Neal Dingmann | Truist Securities | Lowers | Buy | $185.00 | $223.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $200.00 | $200.00 |
| Lloyd Byrne | Jefferies | Announces | Hold | $160.00 | - |
| Scott Hanold | RBC Capital | Maintains | Outperform | $200.00 | $200.00 |
| Noah Hungness | B of A Securities | Raises | Buy | $208.00 | $201.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Chord Energy. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Chord Energy compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Chord Energy's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Chord Energy's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Chord Energy analyst ratings.
About Chord Energy
Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.
Chord Energy: A Financial Overview
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Chord Energy showcased positive performance, achieving a revenue growth rate of 29.12% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 15.48%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Chord Energy's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.55%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Chord Energy's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.72%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Chord Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.12, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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