ChampionX Corp (NASDAQ:CHX) Has Recovered 13.97% So Far, But Another -29.51% Loss Cannot Be Ruled Out

In recent trading session, ChampionX Corp (NASDAQ:CHX) saw 1.2 million shares changing hands at last check today with its beta currently measuring 1.53. Company’s recent per share price level of $25.48 trading at $0.21 or 0.83% at last check today assigns it a market valuation of $4.86B. That most recent trading price of CHX’s stock is at a discount of -41.05% from its 52-week high price of $35.94 and is indicating a premium of 13.97% from its 52-week low price of $21.92. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.09 million shares which gives us an average trading volume of 4.64 million if we extend that period to 3-months.

For ChampionX Corp (CHX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.43 in the current quarter.

ChampionX Corp (NASDAQ:CHX) trade information

Upright in the green today for gaining 0.83%, in the last five days CHX remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $25.48 price level, adding 0.78% to its value on the day. ChampionX Corp’s shares saw a change of -6.29% in year-to-date performance and have moved 0.28% in past 5-day. ChampionX Corp (NASDAQ:CHX) showed a performance of -16.10% in past 30-days. Number of shares sold short was 8.43 million shares which calculate 1.78 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 33.5 to the stock, which implies a rise of 23.94% to its recent value today. Analysts have been projecting 33 as a low price target for the stock while placing it at a high target of 34. It follows that stock’s current price would drop -29.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of -29.51% for stock’s current value.

ChampionX Corp (CHX) estimates and forecasts

This year revenue growth is estimated to rise 0.09% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 892.69M for the same. And 4 analysts are in estimates of company making revenue of 901.7M in the next quarter. Company posted 922.14M and 893.27M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.74% during past 5 years.

ChampionX Corp (NASDAQ:CHX)’s Major holders

Insiders are in possession of 1.12% of company’s total shares while institution are holding 93.50 percent of that, with stock having share float percentage of 94.56%. Investors also watch the number of corporate investors in a company very closely, which is 93.50% institutions for ChampionX Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CHX for having 23.17 million shares of worth $769.51 million. And as of 2024-06-30, it was holding 12.1679 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 19.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.346 of outstanding shares, having a total worth of $654.29 million.

On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 6.23 shares of worth $156.99 million or 3.12% of the total outstanding shares. The later fund manager was in possession of 6.0 shares on Dec 31, 2024 , making its stake of worth around $151.23 million in the company or a holder of 3.00% of company’s stock.