This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. ![]() Meanwhile, CHK's PEG ratio is currently 0.89. This valuation marks a premium compared to its industry's average Forward P/E of 5.09. Chesapeake Energy is currently a Zacks Rank #1 (Strong Buy).ĭigging into valuation, Chesapeake Energy currently has a Forward P/E ratio of 5.59. Over the past month, the Zacks Consensus EPS estimate has moved 16.83% higher. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.īased on our research, we believe these estimate revisions are directly related to near-team stock moves. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for Chesapeake Energy. Our most recent consensus estimate is calling for quarterly revenue of $1.76 billion, up 97.59% from the year-ago period. On that day, Chesapeake Energy is projected to report earnings of $4.49 per share, which would represent year-over-year growth of 88.66%. ![]() Wall Street will be looking for positivity from Chesapeake Energy as it approaches its next earnings report date. This has lagged the Oils-Energy sector's gain of 5.29% and outpaced the S&P 500's loss of 5.51% in that time. ![]() Prior to today's trading, shares of the oil and gas company had gained 2.01% over the past month. Meanwhile, the Dow gained 1.4%, and the Nasdaq, a tech-heavy index, added 0.09%. This move lagged the S&P 500's daily gain of 1.83%. In the latest trading session, Chesapeake Energy ( CHK Quick Quote CHK - Free Report) closed at $97.74, marking a +1.25% move from the previous day.
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