Championx Stock Analysis

CHX
 Stock
  

USD 20.99  0.07  0.33%   

The modest gains experienced by current holders of Championx Corp could raise concerns from investors as the firm is trading at a share price of 20.99 on 1,053,200 in volume. The company directors and management have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.45. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Championx Corp partners.
Continue to Trending Equities.
  
The Championx Corp stock analysis report makes it easy to digest most publicly released information about Championx Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Championx Stock analysis module also helps to analyze the Championx Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Championx Stock Analysis Notes

About 101.0% of the company shares are held by institutions such as insurance companies. The book value of Championx Corp was currently reported as 8.55. The company has Price/Earnings To Growth (PEG) ratio of 0.29. Championx Corp next dividend is scheduled to be issued on the 30th of June 2022. ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX Corporation is headquartered in The Woodlands, Texas. Championx Corp operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people. For more info on Championx Corp please contact Sivasankaran Somasundaram at 281 403-5772 or go to www.apergy.com.

Championx Corp Quarterly Cost of Revenue

720.68 Million

Championx Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Championx Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Championx Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 Upcoming and Recent Events

Earnings reports are used by Championx Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Championx Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Championx Largest EPS Surprises

Earnings surprises can significantly impact Championx Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-07-28
2021-06-300.10.110.0110 
2021-02-23
2020-12-310.060.070.0116 
2020-04-27
2020-03-310.060.04-0.0233 
View All Earnings Estimates

Championx Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Championx Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Championx Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Championx Corp specific information freely available to individual and institutional investors to make a timely investment decision.
26th of July 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
5th of July 2022
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View
8th of June 2022
Financial Statements and Exhibits. Other Events. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Termination of a Material Definitive Agreement. Entry into a Material Definitive Agreement
View
13th of May 2022
Submission of Matters to a Vote of Security Holders
View
26th of April 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
7th of March 2022
Financial Statements and Exhibits. Other Events
View
14th of February 2022
Unclassified Corporate Event
View
9th of February 2022
Financial Statements and Exhibits. Other Events. Unclassified Corporate Event. Results of Operations and Financial Condition
View

Championx Corp Thematic Classifications

In addition to having Championx Corp stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Machinery
USA Equities from Machinery industry as classified by Fama & French

Championx Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Championx Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Championx Corp backward and forwards among themselves. Championx Corp's institutional investor refers to the entity that pools money to purchase Championx Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Van Eck Associates CorpCommon Shares7.1 M141.8 M
Brown Advisory IncCommon Shares4.5 M89.3 M
Loomis Sayles Co L PCommon Shares3.1 M61.8 M
Paradice Investment Management LlcCommon Shares3.1 M61.3 M
New York State Common Retirement FundCommon Shares1.1 M22.1 M
Leeward Investments LlCommon Shares1.1 M20.9 M
Abrdn PlcCommon SharesM20.1 M
Note, although Championx Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Championx Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 4.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Championx Corp's market, we take the total number of its shares issued and multiply it by Championx Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Championx Profitablity

Championx Corp's profitability indicators refer to fundamental financial ratios that showcase Championx Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Championx Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Championx Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Championx Corp's profitability requires more research than a typical breakdown of Championx Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 4.78 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 14.93 %, which entails that for every 100 dollars of revenue, it generated 0.15 of operating income.
Last ReportedProjected for 2022
Return on Investment 6.84  7.39 
Return on Average Assets 0.032  0.0345 
Return on Average Equity 0.07  0.07 
Return on Invested Capital 0.09  0.09 
Return on Sales 0.07  0.07 

Management Efficiency

The entity has Return on Asset of 5.02 % which means that on every $100 spent on asset, it made $5.02 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 9.82 %, implying that it generated $9.82 on every 100 dollars invested. Championx Corp management efficiency ratios could be used to measure how well championx corp manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to rise to 7.39 in 2022. Return on Average Assets is likely to rise to 0.0345 in 2022. Championx Corp Total Assets Per Share are fairly stable at the moment as compared to the past year. Championx Corp reported Total Assets Per Share of 17.42 in 2021. Return on Average Assets is likely to rise to 0.0345 in 2022, whereas Total Assets are likely to drop slightly above 3.3 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 8.78  10.72 
Enterprise Value over EBIT 23.00  19.26 
Enterprise Value over EBITDA 10.67  8.49 
Price to Book Value 2.31  2.15 
Tangible Assets Book Value per Share 12.06  12.48 
Enterprise Value4.7 B4.6 B
Tangible Asset Value2.4 BB

Technical Drivers

As of the 9th of August, Championx Corp shows the mean deviation of 2.49, and Risk Adjusted Performance of (0.007823). Championx Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Championx Corp, which can be compared to its rivals. Please confirm Championx Corp coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Championx Corp is priced correctly, providing market reflects its regular price of 20.99 per share. Given that Championx Corp has jensen alpha of (0.031808), we suggest you to validate Championx Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Championx Corp Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two.
.

Championx Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Championx Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Championx Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Championx Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Syed Raza over a month ago via Macroaxis 
Payment of 1198 shares by Syed Raza of Championx Corp subject to Rule 16b-3
Robert Galloway over two months ago via Macroaxis 
Payment of 617 shares by Robert Galloway of Championx Corp subject to Rule 16b-3
Syed Raza over two months ago via Macroaxis 
Payment of 685 shares by Syed Raza of Championx Corp subject to Rule 16b-3
Antoine Marcos over three months ago via Macroaxis 
Payment of 702 shares by Antoine Marcos of Championx Corp subject to Rule 16b-3
Antoine Marcos over three months ago via Macroaxis 
Acquisition by Antoine Marcos of 10802 shares of Championx Corp subject to Rule 16b-3
Julia Wright over three months ago via Macroaxis 
Acquisition by Julia Wright of 25547 shares of Championx Corp subject to Rule 16b-3
Antoine Marcos over six months ago via Macroaxis 
Payment of 5636 shares by Antoine Marcos of Championx Corp subject to Rule 16b-3
Heidi Alderman over six months ago via Macroaxis 
Championx Corp exotic insider transaction detected
Paul Mahoney over six months ago via Macroaxis 
Exercise or conversion by Paul Mahoney of 9674 shares of Championx Corp subject to Rule 16b-3
Antoine Marcos over six months ago via Macroaxis 
Exercise or conversion by Antoine Marcos of 48345 shares of Championx Corp subject to Rule 16b-3
Deric Bryant over six months ago via Macroaxis 
Payment of 125920 shares by Deric Bryant of Championx Corp subject to Rule 16b-3
Antoine Marcos over six months ago via Macroaxis 
Payment of 237 shares by Antoine Marcos of Championx Corp subject to Rule 16b-3

Championx Corp Technical and Predictive Indicators

Championx Corp Forecast Models

Championx Corp time-series forecasting models is one of many Championx Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Championx Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Championx Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Championx Corp stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Championx shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Championx Corp. By using and applying Championx Stock analysis, traders can create a robust methodology for identifying Championx entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 5.62  6.06 
EBITDA Margin 0.14  0.12 
Gross Margin 0.24  0.25 
Profit Margin 0.037  0.0399 
ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX Corporation is headquartered in The Woodlands, Texas. Championx Corp operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 7000 people.

Current Championx Analysis - Recommendations

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 PriceAdvice# of Analysts
29.29Buy7Odds
Championx Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Championx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Championx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Championx Corp, talking to its executives and customers, or listening to Championx conference calls.
Championx Analyst Advice Details

Championx Stock Analysis Indicators

Championx Corp stock analysis indicators help investors evaluate how Championx Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Championx Corp shares will generate the highest return on investment. By understating and applying Championx Corp stock analysis, traders can identify Championx Corp position entry and exit signals to maximize returns.
Quick Ratio1.04
Fifty Two Week Low16.64
Revenue Growth24.50%
Payout Ratio18.99%
Average Daily Volume Last 10 Day2.1M
Shares Short Prior Month6.61M
Average Daily Volume In Three Month1.97M
Earnings Growth333.30%
Shares Percent Shares Out3.75%
Earnings Quarterly Growth277.10%
Gross Margins23.96%
Forward Price Earnings12.57
Short Percent Of Float4.28%
Float Shares201.43M
Fifty Two Week High28.08
Fifty Day Average20.94
Enterprise Value To Ebitda9.45
Two Hundred Day Average22.48
Enterprise Value To Revenue1.41
Continue to Trending Equities. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
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.