The consensus among analysts is that Chaparral Energy, Inc. (CHAP) is an Overweight stock at the moment, with a recommendation rating of 2.3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 2 out of 3 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.12.
Chaparral Energy, Inc. (NYSE:CHAP) trade information
Sporting 0.38% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the CHAP stock price touched $0.88 or saw a rise of 21.59%. Year-to-date, Chaparral Energy, Inc. shares have moved -60.8%, while the 5-day performance has seen it change -11.85%. Over the past 30 days, the shares of Chaparral Energy, Inc. (NYSE:CHAP) have changed 38.39%. Short interest in the company has seen 5.13 Million shares shorted with days to cover at 1.11.
Chaparral Energy, Inc. (CHAP) estimates and forecasts
Figures show that Chaparral Energy, Inc. shares have outperformed across the wider relevant industry. The company’s shares have lost -56.6% over the past 6 months, with this year growth rate of 57.78%, compared to -32.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -25% and -666.7% for the next quarter. Revenue growth from the last financial year stood is estimated to be -48%.
1 analysts offering their estimates for the company have set an average revenue estimate of $18Million for the current quarter. 1 have an estimated revenue figure of $13Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $67.91 Million and $64.85 Million respectively for this quarter and the next, and analysts expect sales will grow by -73.5% for the current quarter and -80% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.7% over the past 5 years. Earnings growth for 2020 is a modest -44.4% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Chaparral Energy, Inc. (NYSE:CHAP)’s Major holders
Insiders own 5.38% of the company shares, while shares held by institutions stand at 86.19% with a share float percentage of 91.09%. Investors are also buoyed by the number of investors in a company, with Chaparral Energy, Inc. having a total of 88 institutions that hold shares in the company. The top two institutional holders are Strategic Value Partners, LLC with over 13.9 Million shares worth more than $6.53 Million. As of March 30, 2020, Strategic Value Partners, LLC held 29.93% of shares outstanding.
The other major institutional holder is Contrarian Capital Management, LLC, with the holding of over 4.1 Million shares as of March 30, 2020. The firm’s total holdings are worth over $1.93 Million and represent 8.83% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Lord Abbett Investment Trust-Short Duration Income Fd and Vanguard Total Stock Market Index Fund. As of February 28, 2020, the former fund manager holds about 4.1% shares in the company for having 1906017 shares of worth $1.02 Million while later fund manager owns 1.06 Million shares of worth $497.9 Thousand as of March 30, 2020, which makes it owner of about 2.28% of company’s outstanding stock.