Championx Stock Filter Stocks by Fundamentals
| CHX Stock | USD 35.53 0.75 2.07% |
ChampionX fundamentals help investors to digest information that contributes to ChampionX's financial success or failures. It also enables traders to predict the movement of ChampionX Stock. The fundamental analysis module provides a way to measure ChampionX's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ChampionX stock.
ChampionX | Shares Owned by Institutions |
ChampionX Institutional Holders
Institutional Holdings refers to the ownership stake in ChampionX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ChampionX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ChampionX's value.| Shares | Amvescap Plc. | 2023-12-31 | 3.8 M | Bessemer Group Inc | 2023-12-31 | 3.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.4 M | Van Eck Associates Corporation | 2023-12-31 | 3.4 M | Hhg Plc | 2023-12-31 | 3.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 2.9 M | Northern Trust Corp | 2023-12-31 | 2.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 2.6 M | Gates Capital Management Inc | 2023-12-31 | 2.6 M | Blackrock Inc | 2023-12-31 | 23.8 M | Vanguard Group Inc | 2023-12-31 | 20 M |
ChampionX Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0967 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 7.3 B | ||||
| Shares Outstanding | 190.35 M | ||||
| Shares Owned By Insiders | 0.70 % | ||||
| Shares Owned By Institutions | 99.30 % | ||||
| Number Of Shares Shorted | 7.81 M | ||||
| Price To Earning | 81.16 X | ||||
| Price To Book | 4.22 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 3.76 B | ||||
| Gross Profit | 945.88 M | ||||
| EBITDA | 506.61 M | ||||
| Net Income | 318.72 M | ||||
| Cash And Equivalents | 187.47 M | ||||
| Cash Per Share | 0.94 X | ||||
| Total Debt | 665.75 M | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | 8.77 X | ||||
| Cash Flow From Operations | 540.27 M | ||||
| Short Ratio | 6.40 X | ||||
| Earnings Per Share | 1.57 X | ||||
| Price To Earnings To Growth | 1.52 X | ||||
| Target Price | 40.89 | ||||
| Number Of Employees | 7.1 K | ||||
| Beta | 2.47 | ||||
| Market Capitalization | 6.87 B | ||||
| Total Asset | 3.24 B | ||||
| Retained Earnings | (455.68 M) | ||||
| Working Capital | 642.67 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 3.24 B | ||||
| Last Dividend Paid | 0.34 |
About ChampionX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ChampionX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ChampionX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ChampionX based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ChampionX
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ChampionX position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ChampionX will appreciate offsetting losses from the drop in the long position's value.Moving together with ChampionX Stock
| 0.92 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.9 | TS | Tenaris SA ADR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ChampionX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChampionX when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ChampionX - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ChampionX to buy it.
The correlation of ChampionX is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ChampionX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChampionX moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ChampionX can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ChampionX Piotroski F Score and ChampionX Altman Z Score analysis. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.Note that the ChampionX information on this page should be used as a complementary analysis to other ChampionX'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 the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for ChampionX Stock analysis
When running ChampionX's price analysis, check to measure ChampionX'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 is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.
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Is ChampionX'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. 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 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 0.171 | Dividend Share 0.34 | Earnings Share 1.57 | Revenue Per Share 19.167 | Quarterly Revenue Growth (0.04) |
The market value of ChampionX 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's value that differs from its market value or its book value, called intrinsic value, which is ChampionX'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's market value can be influenced by many factors that don't directly affect ChampionX'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX'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.