Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
ChampionX Corporation Market Cap
The ChampionX Corporation (CHX) share price is expected to increase by 48.81% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CHX. Price targets range from $31 at the low end to $64 at the high end. The current analyst consensus for CHX is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedCHX 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ChampionX Corporation to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CHX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CHX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Luke Lemoine Piper Sandler | Neutral | $33 | Maintains | Jul 15, 2024 |
| Luke Lemoine Piper Sandler | Neutral | $40 | Maintains | Apr 8, 2024 |
| David Anderson Barclays | Overweight | $51 | Maintains | Apr 4, 2024 |
| Scott Gruber Citigroup | Buy | $40 | Maintains | Mar 27, 2024 |
| Ian Macpherson Piper Sandler | Neutral | $32 | Downgrade | Jan 8, 2024 |
| Neil Mehta Goldman Sachs | Neutral | $32 | Maintains | Nov 14, 2023 |
| Luke Lemoine Piper Sandler | Overweight | $38 | Maintains | Oct 27, 2023 |
| Stephen Gengaro Stifel | Buy | $39 | Maintains | Oct 26, 2023 |
| David Anderson Barclays | Overweight | Upgrade | Oct 17, 2023 | |
| Scott Gruber Citigroup | Buy | $42 | Maintains | Jul 26, 2023 |
| Douglas Becker Capital One | Overweight | $40 | Initiates | Jul 14, 2023 |
| Scott Gruber Citigroup | Buy | $40 | Reiterates | Jun 28, 2023 |
| Scott Gruber Citigroup | Buy | $40 | Maintains | Apr 5, 2023 |
| Neil Mehta Goldman Sachs | Neutral | $32 | Maintains | Nov 2, 2022 |
| Scott Gruber Citigroup | Buy | $34 | Maintains | Nov 1, 2022 |
| David Anderson Barclays | Equal-Weight | $28 | Downgrade | Oct 6, 2022 |
| Doug Becker Benchmark | Buy | $32 | Initiates | Aug 25, 2022 |
B of A Securities | Buy | Upgrade | Jul 15, 2022 | |
| Neil Mehta Goldman Sachs | Neutral | $21 | Maintains | Jul 13, 2022 |
| David Anderson Barclays | Overweight | $38 | Maintains | May 2, 2022 |
When did it IPO
N/A
Staff Count
7,100
Country
United States
Sector/Industry
Energy/Oil & Gas Equipment & Services
CEO
Mr. Sivasankaran Somasundaram
Market Cap
$6.08B
In 2023, CHX generated $3.76B in revenue, which was a decrease of -1.25% from the previous year. This can be seen as a signal that CHX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 16 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - ChampionX Corporation (Nasdaq: CHX) will pay a quarterly dividend of $0.095 per share on October 25, 2024, to shareholders recorded by October 4, 2024.
Why It Matters - ChampionX's announcement of a quarterly dividend indicates financial stability and a commitment to returning value to shareholders, which can enhance investor confidence and attract new investment.
Wed, 24 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - ChampionX Corporation (NASDAQ: CHX) reported Q2 2024 revenue of $893.3M, net income of $52.6M, adjusted EBITDA of $183.2M, and free cash flow of $38.3M.
Why It Matters - ChampionX's strong Q2 2024 financials, including significant revenue and free cash flow, indicate solid operational performance, which can enhance investor confidence and drive stock value.
Wed, 24 Jul 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - ChampionX (CHX) reported Q3 earnings of $0.37 per share, below the Zacks Consensus Estimate of $0.45 and down from $0.49 per share year-over-year.
Why It Matters - ChampionX's earnings miss signals potential operational challenges and declining profitability, which may lead to decreased investor confidence and affect stock performance.
Wed, 24 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - ChampionX (CHX) reported its quarterly performance for June 2024, with key metrics available for comparison against Wall Street estimates and year-ago results.
Why It Matters - Comparing ChampionX's quarterly performance to Wall Street estimates and past results helps investors gauge growth, profitability trends, and overall market position, influencing investment decisions.
Wed, 10 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - ChampionX (CHX) has acquired RMSpumptools, which will enhance its technology capabilities and expand its global market presence.
Why It Matters - ChampionX's acquisition of RMSpumptools boosts its technology offerings and market presence, potentially increasing revenue and competitive advantage, positively impacting stock performance.
Tue, 09 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - ChampionX Corporation (NASDAQ: CHX) has acquired RMSpumptools Limited, enhancing its capabilities in engineered solutions for artificial lift applications.
Why It Matters - ChampionX's acquisition of RMSpumptools enhances its product offerings and market position in oilfield technology, potentially driving growth and boosting shareholder value.
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