With 4.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.9 million shares. The 52-week range on CHX shows that it touched its highest point at $35.94 and its lowest point at $21.92 during that stretch. It currently has a 1-year price target of $38.33. With its current market cap of 4.66 billion, CHX has annualized dividend of $0.38 while the current yield stands at 1.56%. Beta for the stock currently stands at 1.55.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHX was down-trending over the past week, with a drop of -1.26%, but this was up by 0.04% over a month. Three-month performance dropped to -16.86% while six-month performance fell -13.68%. The stock lost -27.39% in the past year, while it has lost -10.41% so far this year. A look at the trailing 12-month EPS for CHX yields 1.52 with Next year EPS estimates of 1.98. For the next quarter, that number is 0.45. This implies an EPS growth rate of -0.37% for this year and 9.59% for next year. EPS is expected to grow by 7.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.74%.
Float and Shares Shorts:
At present, 191.43 million CHX shares are outstanding with a float of 188.87 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHX since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.72187 being high and $1.6526 being low. For CHX, this leads to a yearly average estimate of $1.69218. Based on analyst estimates, the high estimate for the next quarter is $0.46 and the low estimate is $0.44. The average estimate for the next quarter is thus $0.45.
