Unveiling 9 Analyst Insights On Chord Energy

Analysts' ratings for Chord Energy CHRD over the last quarter vary from bullish to bearish, as provided by 9 analysts.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $210.33, along with a high estimate of $230.00 and a low estimate of $178.00. Witnessing a positive shift, the current average has risen by 3.27% from the previous average price target of $203.67.

Deciphering Analyst Ratings: An In-Depth Analysis

An in-depth analysis of recent analyst actions unveils how financial experts perceive Chord Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Chord Energy compared to the broader market.
• Price Targets: Gaining insights, analysts provide 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.

Discovering Chord Energy: A Closer Look

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.

Key Indicators: Chord Energy's Financial Health

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Negative Revenue Trend: Examining Chord Energy's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -5.01% in revenue growth, reflecting a decrease in 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: Chord Energy's net margin excels beyond industry benchmarks, reaching 31.5%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Chord Energy's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 6.07%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Chord Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 4.39%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Chord Energy's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.11.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.