While Chord Energy Corp has overperformed by 2.05%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CHRD fell by -49.07%, with highs and lows ranging from $186.15 to $79.83, whereas the simple moving average fell by -26.24% in the last 200 days.
On April 29, 2025, BofA Securities Upgraded Chord Energy Corp (NASDAQ: CHRD) to Buy. A report published by BofA Securities on January 13, 2025, Downgraded its rating to ‘Neutral’ for CHRD. Morgan Stanley also rated CHRD shares as ‘Equal-Weight’, setting a target price of $158 on the company’s shares in an initiating report dated January 10, 2025. UBS initiated its ‘Buy’ rating for CHRD, as published in its report on October 16, 2024. Jefferies’s report from September 06, 2024 suggests a price prediction of $160 for CHRD shares, giving the stock a ‘Hold’ rating. Wolfe Research also rated the stock as ‘Peer Perform’.
Analysis of Chord Energy Corp (CHRD)
With CHRD’s current dividend of $8.20 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 50.79%, showing a positive trend in the upcoming months.
Chord Energy Corp’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 12.27% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.88, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and CHRD has an average volume of 984.05K. On a monthly basis, the volatility of the stock is set at 5.93%, whereas on a weekly basis, it is put at 2.86%, with a loss of -2.82% over the past seven days. Furthermore, long-term investors anticipate a median target price of $137.82, showing growth from the present price of $92.08, which can serve as yet another indication of whether CHRD is worth investing in or should be passed over.
How Do You Analyze Chord Energy Corp Shares?
Oil & Gas E&P giant Chord Energy Corp (CHRD) is based in the USA and is one of the largest companies in the market. When comparing Chord Energy Corp shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.79, there is a growth in quarterly earnings of -50.55%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.46%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.48% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CHRD shares are owned by institutional investors to the tune of 92.48% at present.
