Championx Stock Today

CHX -  USA Stock  

USD 19.48  0.73  3.89%

Market Performance
0 of 100
Odds Of Distress
Less than 35
Championx Corp is trading at 19.48 as of the 25th of June 2022; that is 3.89 percent up since the beginning of the trading day. The stock's open price was 18.75. Championx Corp has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Championx Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2022 and ending today, the 25th of June 2022. Please note, there could be an existing legal relationship between Championx Corp (CHX) and CHAMPIONX CORP (APY.W). Click here to learn more.
Fiscal Year End
December
Business Domain
Energy
IPO Date
27th of April 2018
Category
Energy
Classification
Energy
ISIN
US15872M1045
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. The company has 202.07 M outstanding shares of which 5.69 M shares are currently shorted by investors with about 3.58 days to cover. More on Championx Corp

Moving together with Championx Corp

0.83HALHalliburton Potential GrowthPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Championx Corp Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Championx Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Championx Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Championx Corp generated a negative expected return over the last 90 days
Championx Corp has high historical volatility and very poor performance
Championx Corp has a strong financial position based on the latest SEC filings
Over 98.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Payment of 1198 shares by Syed Raza of Championx Corp subject to Rule 16b-3
Related EntityAPY.W (CHAMPIONX CORP)
CEOSivasankaran Somasundaram
Thematic IdeaMachinery (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Championx Corp report their recommendations after researching Championx Corp's financial statements, talking to executives and customers, or listening in on Championx Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Championx Corp. The Championx consensus assessment is calculated by taking the average forecast from all of the analysts covering Championx Corp.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Championx Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Championx Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 8 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares169.7 M201.6 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted174 M208.3 M
Fairly Down
Increasing
Slightly volatile
Net Cash Flow from Operations286.5 M328.2 M
Fairly Down
Increasing
Slightly volatile
Total Assets3.3 B3.5 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities1.5 B1.8 B
Fairly Down
Increasing
Slightly volatile
Current Assets1.2 B1.5 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities865.7 M802.3 M
Significantly Up
Increasing
Slightly volatile
Total Debt802.7 M834.4 M
Sufficiently Down
Increasing
Slightly volatile
Return on Average Assets0.03450.032
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.250.242
Sufficiently Up
Decreasing
Slightly volatile
Asset Turnover0.840.879
Sufficiently Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Championx Corp's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Championx Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Championx Corp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Championx Corp's financial leverage. It provides some insight into what part of Championx Corp's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Championx Corp's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Championx Corp deploys its capital and how much of that capital is borrowed.
Liquidity
Championx Corp cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 825.47 M in debt with debt to equity (D/E) ratio of 0.46, which is OK given its current industry classification. Championx Corp has a current ratio of 1.81, which is typical for the industry and considered as normal. Debt can assist Championx Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Championx Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Championx Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Championx to invest in growth at high rates of return. When we think about Championx Corp's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

286.47 MillionShare
Championx Corp (CHX) is traded on NASDAQ Exchange in USA. It is located in 2445 Technology Forest Blvd., Building 4, 12th Floor, The Woodlands, TX 77381, United States and employs 7,000 people. Championx Corp is listed under Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 3.94 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 Corp runs under Energy sector within Oil & Gas Equipment & Services industry. The entity has 202.07 M outstanding shares of which 5.69 M shares are currently shorted by investors with about 3.58 days to cover. Championx Corp has about 177.11 M in cash with 194.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.87.
Check Championx Corp Probability Of Bankruptcy
Ownership
Championx Corp holds a total of two hundred two million seventy thousand outstanding shares. The majority of Championx Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Championx Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Championx Corp. Please pay attention to any change in the institutional holdings of Championx Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Championx Ownership Details

Championx Stock Price Odds Analysis

What are Championx Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Championx Corp jumping above the current price in 90 days from now is about 98.0%. The Championx Corp probability density function shows the probability of Championx Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5202 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Championx Corp will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Championx Corp is significantly underperforming DOW.
  Odds Below 19.48HorizonTargetOdds Above 19.48
1.89%90 days
 19.48 
98.09%
Based on a normal probability distribution, the odds of Championx Corp to move above the current price in 90 days from now is about 98.0 (This Championx Corp probability density function shows the probability of Championx Stock to fall within a particular range of prices over 90 days) .

Championx Corp Historical Income Statement

Championx Corp Income Statement is one of the three primary financial statements used for reporting Championx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Championx Corp revenue and expense. Championx Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Championx Corp Direct Expenses is fairly stable at the moment as compared to the past year. Championx Corp reported Direct Expenses of 2.33 Billion in 2021. Consolidated Income is likely to rise to about 123.3 M in 2022, whereas Gross Profit is likely to drop slightly above 626.5 M in 2022. View More Fundamentals

Championx Stock Against Markets

Picking the right benchmark for Championx Corp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Championx Corp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Championx Corp is critical whether you are bullish or bearish towards Championx Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Championx Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Championx Corp Corporate Management

Elected by the shareholders, the Championx Corp's board of directors comprises two types of representatives: Championx Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Championx. The board's role is to monitor Championx Corp's management team and ensure that shareholders' interests are well served. Championx Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Championx Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Luquette - Independent DirectorProfile
Stephen Todd - Independent DirectorProfile
Mamatha Chamarthi - Independent DirectorProfile
Robert Galloway - President - Drilling TechnologiesProfile
Heidi Alderman - DirectorProfile
Antoine Marcos - Chief Accounting Officer, Vice President Corporate ControllerProfile
Stuart Porter - DirectorProfile

Investing Championx Corp

You need to understand the risk of investing before taking a position in Championx Corp. The danger of trading Championx Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Championx Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Championx Corp. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Championx Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.
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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
5.26
Market Capitalization
3.8 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0403
Return On Equity
0.0871
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.