Chaparral Energy Inc (NYSE:CHAP) has received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy rating.
Brokerages have set a 12-month consensus price target of $16.67 for the company and are predicting that the company will post $0.12 earnings per share for the current quarter, according to Zacks. Zacks has also given Chaparral Energy an industry rank of 215 out of 256 based on the ratings given to related companies.
Several equities analysts have recently commented on the company. ValuEngine raised Yirendai from a “strong sell” rating to a “sell” rating in a research report on Friday, May 3rd. Zacks Investment Research downgraded ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday, July 10th.
Shares of Chaparral Energy stock traded down $0.10 on Friday, hitting $3.87. The stock had a trading volume of 188,891 shares, compared to its average volume of 336,131. Chaparral Energy has a twelve month low of $3.00 and a twelve month high of $18.95. The company has a 50 day moving average price of $4.33. The company has a current ratio of 0.52, a quick ratio of 0.50 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $180.69 million, a PE ratio of 12.48 and a beta of 3.76.
Chaparral Energy (NYSE:CHAP) last posted its earnings results on Wednesday, May 8th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.08). Chaparral Energy had a negative net margin of 24.76% and a negative return on equity of 0.91%. The firm had revenue of $49.82 million during the quarter, compared to analyst estimates of $52.56 million. On average, equities research analysts expect that Chaparral Energy will post 0.29 EPS for the current year.
In related news, major shareholder Strategic Value Partners, Llc purchased 210,900 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was acquired at an average cost of $3.14 per share, for a total transaction of $662,226.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders purchased 2,078,107 shares of company stock valued at $9,727,697. 2.19% of the stock is currently owned by corporate insiders.
Several hedge funds have recently modified their holdings of the stock. Great West Life Assurance Co. Can bought a new stake in shares of Chaparral Energy in the fourth quarter valued at approximately $32,000. Strs Ohio bought a new stake in shares of Chaparral Energy in the second quarter valued at approximately $39,000. California Public Employees Retirement System bought a new stake in shares of Chaparral Energy in the fourth quarter valued at approximately $53,000. Dimensional Fund Advisors LP bought a new stake in shares of Chaparral Energy in the fourth quarter valued at approximately $67,000. Finally, Hancock Whitney Corp bought a new stake in shares of Chaparral Energy in the fourth quarter valued at approximately $82,000. Institutional investors and hedge funds own 77.50% of the company’s stock.
About Chaparral Energy
Chaparral Energy, Inc engages in the acquisition, exploration, development, production, and operation of onshore oil and natural gas properties primarily in Oklahoma, the United States. The company sells crude oil, natural gas, and natural gas liquids primarily to refineries and gas processing plant.
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