Championx Stock Buy Hold or Sell Recommendation

CHX
 Stock
  

USD 20.72  0.27  1.29%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Championx Corp is 'Strong Hold'. Macroaxis provides Championx Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CHX positions. The advice algorithm takes into account all of Championx Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Championx Corp's buy-and-hold perspective. Continue to Championx Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Championx and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Championx Corp.

Execute Championx Corp Buy or Sell Advice

The Championx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Championx Corp. Macroaxis does not own or have any residual interests in Championx Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Championx Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Championx CorpBuy Championx Corp
Strong Hold

Volatility

Not too volatileDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Championx Corp has a Risk Adjusted Performance of (0.007823), Jensen Alpha of (0.031808), Total Risk Alpha of (0.014881) and Treynor Ratio of (0.034201)
Our investment recommendation module complements current analysts and expert consensus on Championx Corp. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure Championx Corp is not overpriced, please confirm all Championx Corp fundamentals, including its net income, price to earnings to growth, and the relationship between the price to book and current ratio . Given that Championx Corp has a shares owned by institutions of 101.09 %, we suggest you to validate Championx Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Championx Corp Trading Alerts and Improvement Suggestions

Championx Corp has very high historical volatility over the last 90 days
Championx Corp has a strong financial position based on the latest SEC filings
On 29th of July 2022 Championx Corp paid $ 0.075 per share dividend to its current shareholders
Latest headline from www.marketscreener.com: SKYLINE CHAMPION CORP MANAGEMENT S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS - Marketscreener.com

Championx Corp current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Championx analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Championx analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price29.38
Target Median Price30.50
Target High Price38.00
Recommendation Mean1.60
Number Of Analyst Opinions8
Target Low Price21.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Championx Corp Returns Distribution Density

The distribution of Championx Corp's historical returns is an attempt to chart the future uncertainty of Championx Corp's future price movements. The chart of the probability distribution of Championx Corp stock daily returns describes the distribution of returns around its average expected value. We use Championx Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Championx Corp returns is essential to provide solid investment advice for Championx Corp stock.
Mean Return-0.04Value At Risk-6.68
Potential Upside5.87Standard Deviation3.53
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Championx Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Championx Corp Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(33.11 M)(56.73 M)(35.18 M)(35.46 M)(12.44 M)(13.42 M)
Depreciation Amortization and Accretion112.86 M124.46 M119.94 M214.36 M237.28 M210.99 M
Issuance Repayment of Debt Securities(4.29 M)648.44 M(110.56 M)(170.99 M)(229.67 M)(235.71 M)
Net Cash Flow from Financing(36.69 M)(90.84 M)(112.4 M)(175.37 M)(234.35 M)(240.51 M)
Net Cash Flow from Investing(41.95 M)(54.2 M)(49.88 M)22.13 M(37.41 M)(40.36 M)
Net Cash Flow from Operations76.05 M163.9 M155.9 M310.04 M328.22 M286.47 M
Effect of Exchange Rate Changes on Cash277 K(737 K)(162 K)9.33 M(2.7 M)(2.78 M)
Share Based Compensation2.24 M5.38 M10.25 M19.54 M23.18 M25.01 M

Championx Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Championx Corp or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Championx Corp stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Championx stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.03
β
Beta against DOW1.47
σ
Overall volatility
3.48
Ir
Information ratio -0.01

Championx Corp Volatility Alert

Championx Corp exhibits very low volatility with skewness of -0.48 and kurtosis of 1.17. However, we advise investors to further study Championx Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Championx Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Championx Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Championx Corp Implied Volatility

Championx Corp's implied volatility" href="/stock-options/CHX/Championx-Corp">Championx Corp's implied volatility exposes the market's sentiment of Championx Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Championx Corp's implied volatility" href="/stock-options/CHX/Championx-Corp">Championx Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Championx Corp stock will not fluctuate a lot when Championx Corp's options" href="/stock-options/CHX/Championx-Corp">Championx Corp's options are near their expiration.

Championx Corp Fundamentals Vs Peers

Comparing Championx Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Championx Corp's direct or indirect competition across all of the common fundamentals between Championx Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Championx Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Championx Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Championx Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Championx Corp to competition
FundamentalsChampionx CorpPeer Average
Return On Equity9.82 %(0.31) %
Return On Asset5.02 %(0.14) %
Profit Margin4.78 %(1.27) %
Operating Margin14.93 %(5.51) %
Current Valuation4.85 B16.62 B
Shares Outstanding202.07 M571.82 M
Shares Owned by Insiders0.80 %10.09 %
Shares Owned by Institutions101.09 %39.21 %
Number of Shares Shorted7.63 M4.71 M
Price to Earning55.24 X28.72 X
Price to Book2.45 X9.51 X
Price to Sales1.23 X11.42 X
Revenue3.44 B9.43 B
Gross Profit749.83 M27.38 B
EBITDA513.45 M3.9 B
Net Income164.32 M570.98 M
Cash and Equivalents167.28 M2.7 B
Cash per Share0.82 X5.01 X
Total Debt795.69 M5.32 B
Debt to Equity0.44 %48.70 %
Current Ratio1.95 X2.16 X
Book Value Per Share8.55 X1.93 K
Cash Flow from Operations208.2 M971.22 M
Short Ratio3.24 X4.00 X
Earnings Per Share0.38 X3.12 X
Price to Earnings To Growth0.29 X4.89 X
Number of Employees7 K18.84 K
Beta2.8-0.15
Market Capitalization4.24 B19.03 B
Z Score3.08.72
Last Dividend Paid0.3
   Payment of 1198 shares by Syed Raza of Championx Corp subject to Rule 16b-3 [view details]

About Championx Corp Buy or Sell Advice

When is the right time to buy or sell Championx Corp? Buying financial instruments such as Championx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Championx Corp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables219.87 M559.54 M584.44 M630.58 M
Inventories211.34 M430.11 M542.91 M585.77 M

Use Investing Ideas to Build Portfolios

In addition to having Championx Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Electrical Equipment Thematic Idea Now

Electrical Equipment
Electrical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electrical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electrical Equipment Theme or any other thematic opportunities.
View All  Next Launch
Continue to Championx Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Championx Corp information on this page should be used as a complementary analysis to other Championx Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Championx Stock analysis

When running Championx Corp price analysis, check to measure Championx Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Championx Corp is operating at the current time. Most of Championx Corp's value examination focuses on studying past and present price action to predict the probability of Championx Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Championx Corp's price. Additionally, you may evaluate how the addition of Championx Corp to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Is Championx Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Championx Corp. If investors know Championx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Championx Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
3.33
Market Capitalization
4.2 B
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.0502
Return On Equity
0.0982
The market value of Championx Corp is measured differently than its book value, which is the value of Championx that is recorded on the company's balance sheet. Investors also form their own opinion of Championx Corp's value that differs from its market value or its book value, called intrinsic value, which is Championx Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Championx Corp's market value can be influenced by many factors that don't directly affect Championx Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Championx Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Championx Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Championx Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.