S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: World shares are mixed after a tech-led retreat on Wall Street
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:CHX

ChampionX (CHX) Stock Price, News & Analysis

$36.07
-0.57 (-1.56%)
(As of 04/17/2024 ET)
Today's Range
$36.07
$37.06
50-Day Range
$28.40
$39.34
52-Week Range
$24.98
$39.95
Volume
2.49 million shs
Average Volume
2.01 million shs
Market Capitalization
$6.89 billion
P/E Ratio
22.97
Dividend Yield
1.05%
Price Target
$40.33

ChampionX MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.8% Upside
$40.33 Price Target
Short Interest
Healthy
4.13% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.13mentions of ChampionX in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$978,408 Sold Last Quarter
Proj. Earnings Growth
24.10%
From $1.95 to $2.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.98 out of 5 stars

Construction Sector

28th out of 100 stocks

Construction, Mining, & Materials Handling Machinery & Equipment Industry

2nd out of 2 stocks

CHX stock logo

About ChampionX Stock (NASDAQ:CHX)

ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. The company operates through four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil sands chemical solutions, such as corrosion inhibitors, scale inhibitors, emulsion breakers, and biocides to oil and natural gas production and midstream markets to manage and control corrosion, oil and water separation, flow assurance, sour gas treatment, and water-related issues. The Production & Automation Technologies segment provides artificial lift equipment, end-to-end digital automation solutions, and other production equipment and emissions monitoring solutions, including electrical submersible pumping systems, gas lift systems, jet pumps, multiplex surface pumps, plunger lift equipment, progressive cavity pumping systems, downhole rod lift systems, methane emissions monitoring solutions, chemical injection systems, flow control valves, and gauges under the Harbison-Fischer, Norris, Alberta Oil Tool, Oil Lift Technology, PCS Ferguson, Pro-Rod, Upco, Unbridled ESP, Norriseal-Wellmark, Quartzdyne, Spirit, Theta, Timberline, and Windrock brands. The Drilling Technologies segment offers polycrystalline diamond cutter inserts, bearings, valves, nozzles, and mining tools used in oil and gas drill bits under the US Synthetic brand; and high-density ceramic roof bolt mining tools for underground mining operations. The Reservoir Chemical Technologies segment provides chemistry-oriented solutions and technologies for well drilling, cementing, fracturing, acidizing, and other well interventions, as well as fracturing, drilling, cementing, acidizing additives. The company was founded in 1882 and is headquartered in The Woodlands, Texas.

CHX Stock Price History

CHX Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
ChampionX (CHX) to Release Quarterly Earnings on Wednesday
Short Interest in ChampionX Co. (NASDAQ:CHX) Declines By 10.4%
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Wall Street Lunch: Tesla's Q1 Deliveries Disappoint
See More Headlines
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.

Company Calendar

Ex-Dividend for 1/26 Dividend
1/04/2024
Dividend Payable
1/26/2024
Last Earnings
2/06/2024
Ex-Dividend for 4/26 Dividend
4/04/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/24/2024
Dividend Payable
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction, mining, & materials handling machinery & equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:CHX
Fax
N/A
Employees
7,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.33
High Stock Price Target
$51.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+11.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$314.24 million
Pretax Margin
11.28%

Debt

Sales & Book Value

Annual Sales
$3.76 billion
Cash Flow
$3.06 per share
Book Value
$8.53 per share

Miscellaneous

Free Float
188,463,000
Market Cap
$6.89 billion
Optionable
Optionable
Beta
2.44
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

CHX Stock Analysis - Frequently Asked Questions

Should I buy or sell ChampionX stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ChampionX in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHX shares.
View CHX analyst ratings
or view top-rated stocks.

What is ChampionX's stock price target for 2024?

6 brokerages have issued 12 month price objectives for ChampionX's shares. Their CHX share price targets range from $32.00 to $51.00. On average, they predict the company's share price to reach $40.33 in the next twelve months. This suggests a possible upside of 11.8% 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 2024?

ChampionX's stock was trading at $29.21 at the start of the year. Since then, CHX stock has increased by 23.5% and is now trading at $36.07.
View the best growth stocks for 2024 here
.

Are investors shorting ChampionX?

ChampionX saw a drop in short interest in March. As of March 31st, there was short interest totaling 7,810,000 shares, a drop of 10.4% from the March 15th total of 8,720,000 shares. Based on an average daily volume of 2,010,000 shares, the short-interest ratio is presently 3.9 days. Currently, 4.1% of the shares of the company are sold short.
View ChampionX's Short Interest
.

When is ChampionX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our CHX earnings forecast
.

How were ChampionX's earnings last quarter?

ChampionX Co. (NASDAQ:CHX) released its quarterly earnings data on Tuesday, February, 6th. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.01. The business had revenue of $943.56 million for the quarter, compared to the consensus estimate of $947.33 million. ChampionX had a trailing twelve-month return on equity of 20.14% and a net margin of 8.36%. ChampionX's revenue for the quarter was down 4.3% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS.

How often does ChampionX pay dividends? What is the dividend yield for ChampionX?

ChampionX declared a quarterly dividend on Wednesday, April 3rd. Stockholders of record on Friday, April 5th will be given a dividend of $0.095 per share on Friday, April 26th. This represents a $0.38 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from the stock's previous quarterly dividend of $0.09.
Read our dividend analysis for CHX
.

Is ChampionX a good dividend stock?

ChampionX (NASDAQ:CHX) pays an annual dividend of $0.38 per share and currently has a dividend yield of 1.02%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHX will have a dividend payout ratio of 15.70% 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 first quarter 2024 earnings guidance on Monday, February, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $908.0 million-$938.0 million, compared to the consensus revenue estimate of $922.6 million.

Who are ChampionX's major shareholders?

ChampionX's stock is owned by a variety of institutional and retail investors. Top institutional investors include Congress Asset Management Co. MA (2.09%), FCF Advisors LLC (0.02%), Park Avenue Securities LLC (0.02%), Legend Financial Advisors Inc. (0.01%), Ballentine Partners LLC (0.00%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Antoine Marcos, Deric D Bryant, Julia Wright, Paul E Mahoney, Sivasankaran Somasundaram, Stephen M Todd and William Jr O'dell.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CHX) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners