ChampionX - CHX Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ChampionX in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CHX shares.
View CHX analyst ratings or view top-rated stocks.

5 brokerages have issued 12-month price targets for ChampionX's stock. Their CHX share price forecasts range from $21.00 to $32.00. On average, they expect the company's stock price to reach $26.60 in the next twelve months. This suggests a possible upside of 22.2% from the stock's current price.
View analysts price targets for CHX or view top-rated stocks among Wall Street analysts.

ChampionX's stock was trading at $20.21 at the start of the year. Since then, CHX shares have increased by 7.7% and is now trading at $21.76.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our CHX earnings forecast.

ChampionX will be holding an earnings conference call on Wednesday, October 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

ChampionX Co. (NASDAQ:CHX) released its earnings results on Tuesday, July, 26th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.26 by $0.02. The firm earned $932.57 million during the quarter, compared to analysts' expectations of $897.30 million. ChampionX had a trailing twelve-month return on equity of 10.79% and a net margin of 4.78%. During the same period last year, the company earned $0.11 EPS.

ChampionX announced a quarterly dividend on Thursday, August 11th. Stockholders of record on Friday, October 7th will be given a dividend of $0.075 per share on Friday, October 28th. This represents a $0.30 annualized dividend and a yield of 1.38%. The ex-dividend date is Thursday, October 6th.
Read our dividend analysis for CHX.

ChampionX (NASDAQ:CHX) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.37%. The dividend payout ratio is 37.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHX will have a dividend payout ratio of 18.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHX.

ChampionX updated its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $925.00 million-$955.00 million, compared to the consensus revenue estimate of $918.85 million.

ChampionX trades on the NASDAQ under the ticker symbol "CHX."

Shares of CHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CHX stock can currently be purchased for approximately $21.76.

ChampionX (NASDAQ:CHX) has a market capitalization of $4.42 billion and generates $3.07 billion in revenue each year. The company earns $113.30 million in net income (profit) each year or $0.79 on an earnings per share basis.

The company employs 7,000 workers across the globe.

ChampionX's mailing address is 2445 TECHNOLOGY FOREST BLVD BUILDING 4 FLOOR 12, THE WOODLANDS TX, 77381. The official website for the company is www.championx.com. The company can be reached via phone at (281) 403-5772 or via email at byron.pope@championx.com.