Chesapeake Energy (NASDAQ:EXE - Get Free Report) was upgraded by stock analysts at KeyCorp from a "sector weight" rating to an "overweight" rating in a report issued on Monday, Marketbeat.com reports. The brokerage currently has a $130.00 price objective on the stock. KeyCorp's target price indicates a potential upside of 23.75% from the company's current price. KeyCorp also issued estimates for Chesapeake Energy's Q1 2025 earnings at $2.14 EPS, Q2 2025 earnings at $1.53 EPS, Q3 2025 earnings at $1.83 EPS, Q4 2025 earnings at $2.62 EPS, FY2025 earnings at $8.12 EPS, Q1 2026 earnings at $3.51 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.55 EPS, Q4 2026 earnings at $2.97 EPS and FY2026 earnings at $9.55 EPS.
A number of other equities analysts also recently weighed in on EXE. Stephens dropped their target price on Chesapeake Energy from $123.00 to $118.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Citigroup increased their target price on shares of Chesapeake Energy from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, January 16th. Morgan Stanley boosted their price target on shares of Chesapeake Energy from $137.00 to $154.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. UBS Group cut their price objective on Chesapeake Energy from $131.00 to $129.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, The Goldman Sachs Group began coverage on Chesapeake Energy in a research report on Friday, January 31st. They issued a "buy" rating and a $121.00 target price on the stock. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $123.22.
Read Our Latest Research Report on Chesapeake Energy
Chesapeake Energy Trading Up 2.0 %
Shares of EXE stock traded up $2.04 during trading hours on Monday, reaching $105.05. 3,538,027 shares of the stock traded hands, compared to its average volume of 3,523,409. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $24.45 billion, a PE ratio of 64.85 and a beta of 0.44. Chesapeake Energy has a 1-year low of $81.66 and a 1-year high of $114.03. The business has a fifty day moving average price of $104.27 and a 200 day moving average price of $99.36.
Chesapeake Energy (NASDAQ:EXE - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $1.82 billion. On average, equities research analysts forecast that Chesapeake Energy will post 1.33 EPS for the current year.
Insider Buying and Selling
In other Chesapeake Energy news, CEO Domenic J. Dell'osso, Jr. purchased 2,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $99.50 per share, with a total value of $248,750.00. Following the acquisition, the chief executive officer now directly owns 107,845 shares of the company's stock, valued at $10,730,577.50. This represents a 2.37 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 58.00% of the stock is owned by company insiders.
Institutional Trading of Chesapeake Energy
Institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC bought a new position in Chesapeake Energy during the first quarter worth about $36,507,000. Czech National Bank acquired a new position in shares of Chesapeake Energy in the 1st quarter worth approximately $5,377,000. Fifth Third Wealth Advisors LLC bought a new position in shares of Chesapeake Energy during the 1st quarter worth approximately $466,000. Romano Brothers AND Company acquired a new stake in Chesapeake Energy in the 1st quarter valued at $2,900,000. Finally, Gradient Investments LLC bought a new stake in Chesapeake Energy in the first quarter valued at $2,265,000. 97.93% of the stock is currently owned by institutional investors and hedge funds.
About Chesapeake Energy
(
Get Free Report)
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
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