NASDAQ:CHX ChampionX (CHX) Stock Forecast, Price & News $26.63 -0.01 (-0.04%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$26.34▼$27.1250-Day Range$24.59▼$28.5252-Week Range$16.64▼$33.65Volume760,189 shsAverage Volume1.17 million shsMarket Capitalization$5.27 billionP/E Ratio30.26Dividend Yield1.28%Price Target$30.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media ChampionX MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside15.7% Upside$30.80 Price TargetShort InterestBearish4.49% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.15Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth16.76%From $1.85 to $2.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.60 out of 5 starsConstruction Sector17th out of 106 stocksConstruction, Mining, & Materials Handling Machinery & Equipment Industry2nd out of 2 stocks 2.3 Analyst's Opinion Consensus RatingChampionX has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.80, ChampionX has a forecasted upside of 15.7% from its current price of $26.63.Amount of Analyst CoverageChampionX has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.49% of the float of ChampionX has been sold short.Short Interest Ratio / Days to CoverChampionX has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in ChampionX has recently increased by 0.46%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldChampionX pays a meaningful dividend of 1.28%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthChampionX does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of ChampionX is 38.64%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ChampionX will have a dividend payout ratio of 15.74% next year. This indicates that ChampionX will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CHX. Previous Next 2.9 News and Social Media Coverage News SentimentChampionX has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 4 news articles for ChampionX this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 2 people have added ChampionX to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ChampionX insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.22% of the stock of ChampionX is held by insiders.Percentage Held by Institutions98.46% of the stock of ChampionX is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for ChampionX are expected to grow by 16.76% in the coming year, from $1.85 to $2.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ChampionX is 30.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.49.Price to Earnings Ratio vs. SectorThe P/E ratio of ChampionX is 30.26, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.18.Price to Earnings Growth RatioChampionX has a PEG Ratio of 0.51. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioChampionX has a P/B Ratio of 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ChampionX (NASDAQ:CHX) StockChampionX Corp. engages in the provision of chemistry programs and services for global upstream oil and natural gas industry. It operates under the following segments: Production Chemical Technologies, Production and Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers products and services that cover a broad range of onshore and offshore chemical solutions in production and midstream operations. The Production and Automation Technologies focuses on offering products, technologies, and services that facilitate the safe, efficient, and cost-effective extraction of oil and gas through artificial lift and digital automation applications. The Drilling Technologies provides polycrystalline diamond cutter (“PDC“) inserts, bearings, valves, and mining tools. The Reservoir Chemical Technologies consists of the provision of chemistry-oriented solutions and technologies. The company was founded in 1928 and is headquartered in The Woodlands, TX.Read More Receive CHX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ChampionX and its competitors with MarketBeat's FREE daily newsletter. Email Address CHX Stock News HeadlinesMay 23, 2023 | msn.comChampionX: Short Term And Long Term CatalystsMay 19, 2023 | americanbankingnews.comChampionX Co. (NASDAQ:CHX) Receives $30.80 Average PT from AnalystsMay 27, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>May 13, 2023 | msn.comChampionX (CHX) Declares $0.08 DividendMay 11, 2023 | msn.comChampionX declares $0.085 dividendMay 10, 2023 | finance.yahoo.comChampionX Corporation's (NASDAQ:CHX) Intrinsic Value Is Potentially 26% Above Its Share PriceApril 27, 2023 | seekingalpha.comChampionX Corporation: Improved Margin Guidance Is GreatApril 27, 2023 | americanbankingnews.comChampionX (NASDAQ:CHX) Issues Quarterly Earnings ResultsMay 27, 2023 | Behind the Markets (Ad)NOTICE: Your retirement is in immediate dangerSoon you may be forced to spend your afternoons packing grocery bags at Walmart instead of going to the park with your grandchildren. Why? Because not only could your money be worth even less than it already is now, but certain stocks and cryptocurrencies could drop by 80%. Even your social security check could be worth 21% less! Learn how to protect your retirement here >>>April 26, 2023 | finance.yahoo.comConocoPhillips Recognizes ChampionX Norway Operations with 2022 Supplier Recognition AwardApril 26, 2023 | finance.yahoo.comChampionX First Quarter 2023 Earnings: Misses ExpectationsApril 26, 2023 | americanbankingnews.comChampionX Co. (NASDAQ:CHX) Receives Average Rating of "Moderate Buy" from AnalystsApril 25, 2023 | seekingalpha.comChampionX Corporation (CHX) Q1 2023 Earnings Call TranscriptApril 25, 2023 | seekingalpha.comChampionX Corporation 2023 Q1 - Results - Earnings Call PresentationApril 24, 2023 | finance.yahoo.comChampionX Reports First Quarter 2023 ResultsApril 23, 2023 | americanbankingnews.comChampionX (CHX) Set to Announce Quarterly Earnings on MondayApril 22, 2023 | msn.comEarnings Preview: ChampionXApril 22, 2023 | msn.comUnusual Call Option Trade in ChampionX (CHX) Worth $87.50KApril 6, 2023 | seekingalpha.comCustomer Wins And Cash Flow Improvement Likely To Turn Around ChampionXApril 5, 2023 | americanbankingnews.comChampionX (NASDAQ:CHX) Price Target Cut to $40.00 by Analysts at CitigroupApril 4, 2023 | finance.yahoo.comChampionX Announces First Quarter 2023 Earnings Release and Conference Call ScheduleApril 3, 2023 | americanbankingnews.comChampionX Co. (NASDAQ:CHX) Plans Quarterly Dividend of $0.09April 3, 2023 | americanbankingnews.comChampionX Co. (NASDAQ:CHX) Receives Average Recommendation of "Moderate Buy" from AnalystsMarch 1, 2023 | finance.yahoo.comChampionX to Host 2023 Investor DayFebruary 16, 2023 | finance.yahoo.comChampionX Increases Quarterly Dividend by 13 PercentFebruary 15, 2023 | finance.yahoo.comChampionX Corporation Announces Appointment of Elaine Pickle and Carlos Fierro to Board of Directors; Stephen Wagner Will RetireFebruary 4, 2023 | finance.yahoo.comHere's Why We Think ChampionX (NASDAQ:CHX) Might Deserve Your Attention TodaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CHX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ChampionX and its competitors with MarketBeat's FREE daily newsletter. Email Address CHX Company Calendar Ex-Dividend for 4/28 Dividend4/05/2023Last Earnings4/25/2023Dividend Payable4/28/2023Today5/27/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Construction, mining, & materials handling machinery & equipment Sub-IndustryN/A SectorConstruction Current SymbolNASDAQ:CHX CUSIPN/A CIK1723089 Webwww.championx.com Phone(281) 403-5772FaxN/AEmployees7,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$30.80 High Stock Price Forecast$40.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+15.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio30.26 Forward P/E Ratio14.39 P/E Growth0.51Net Income$154.97 million Net Margins4.68% Pretax Margin6.28% Return on Equity16.87% Return on Assets8.49% Debt Debt-to-Equity Ratio0.36 Current Ratio1.75 Quick Ratio1.04 Sales & Book Value Annual Sales$3.81 billion Price / Sales1.39 Cash Flow$2.75 per share Price / Cash Flow9.70 Book Value$8.44 per share Price / Book3.16Miscellaneous Outstanding Shares197,970,000Free Float195,559,000Market Cap$5.27 billion OptionableOptionable Beta2.55 Key ExecutivesSoma SomasundaramPresident, Chief Executive Officer & DirectorDeric D. BryantCOO & President-Chemical TechnologiesKenneth M. FisherChief Financial Officer & Executive Vice PresidentAlina ParastChief Information Officer & Senior Vice PresidentMark EleySVP-Marketing, Technology & CommunicationKey CompetitorsComfort Systems USANYSE:FIXSimpson ManufacturingNYSE:SSDAltair EngineeringNASDAQ:ALTRUFP IndustriesNASDAQ:UFPIAcuity BrandsNYSE:AYIView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 2,661 shares on 5/26/2023Ownership: 0.018%Sheets Smith Wealth ManagementBought 9,823 shares on 5/26/2023Ownership: 0.005%Legato Capital Management LLCBought 8,017 shares on 5/25/2023Ownership: 0.028%Toroso Investments LLCBought 8,136 shares on 5/23/2023Ownership: 0.004%Putnam Investments LLCBought 101,431 shares on 5/22/2023Ownership: 0.257%View All Insider TransactionsView All Institutional Transactions CHX Stock - Frequently Asked Questions Should I buy or sell ChampionX stock right now? 5 Wall Street 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 analysts is that investors should "buy" CHX shares. View CHX analyst ratings or view top-rated stocks. What is ChampionX's stock price forecast for 2023? 5 brokerages have issued 12-month price objectives for ChampionX's shares. Their CHX share price forecasts range from $22.00 to $40.00. On average, they predict the company's share price to reach $30.80 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View analysts price targets for CHX or view top-rated stocks among Wall Street analysts. How have CHX shares performed in 2023? ChampionX's stock was trading at $28.99 at the beginning of 2023. Since then, CHX stock has decreased by 8.1% and is now trading at $26.63. View the best growth stocks for 2023 here. When is ChampionX's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our CHX earnings forecast. How were ChampionX's earnings last quarter? ChampionX Co. (NASDAQ:CHX) posted its quarterly earnings data on Tuesday, April, 25th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The business earned $948.35 million during the quarter, compared to analysts' expectations of $965.93 million. ChampionX had a net margin of 4.68% and a trailing twelve-month return on equity of 16.87%. The company's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 earnings per share. How often does ChampionX pay dividends? What is the dividend yield for ChampionX? ChampionX declared a quarterly dividend on Thursday, May 11th. Investors of record on Friday, July 7th will be paid a dividend of $0.085 per share on Friday, July 28th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, July 6th. Read our dividend analysis for CHX. What ETFs hold ChampionX's stock? ETFs with the largest weight of ChampionX (NASDAQ:CHX) stock in their portfolio include Invesco Dynamic Oil & Gas Services ETF (PXJ), iShares U.S. Oil Equipment & Services ETF (IEZ), VanEck Oil Services ETF (OIH), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Direxion Daily Oil Services Bull 2X Shares (ONG), Invesco DWA Energy Momentum ETF (PXI), Long Cramer Tracker ETF (LJIM) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM). Is ChampionX a good dividend stock? ChampionX (NASDAQ:CHX) pays an annual dividend of $0.34 per share and currently has a dividend yield of 1.28%. The dividend payout ratio is 38.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHX will have a dividend payout ratio of 15.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHX. What guidance has ChampionX issued on next quarter's earnings? ChampionX updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $970.00M-$1.00 billion, compared to the consensus revenue estimate of $997.78 million. What is ChampionX's stock symbol? ChampionX trades on the NASDAQ under the ticker symbol "CHX." Who are ChampionX's major shareholders? ChampionX's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.75%), State Street Corp (3.75%), Brown Advisory Inc. (3.56%), American Century Companies Inc. (3.04%), Van ECK Associates Corp (2.45%) and Gates Capital Management Inc. (2.43%). Insiders that own company stock include Antoine Marcos, Deric D Bryant, Julia Wright, Paul E Mahoney, Sivasankaran Somasundaram and Stephen M Todd. View institutional ownership trends. How do I buy shares of ChampionX? 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. What is ChampionX's stock price today? One share of CHX stock can currently be purchased for approximately $26.63. How much money does ChampionX make? ChampionX (NASDAQ:CHX) has a market capitalization of $5.27 billion and generates $3.81 billion in revenue each year. The company earns $154.97 million in net income (profit) each year or $0.88 on an earnings per share basis. How many employees does ChampionX have? The company employs 7,300 workers across the globe. How can I contact ChampionX? 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. This page (NASDAQ:CHX) was last updated on 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ChampionX Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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