ChampionX Stock Analysis

CHX
 Stock
  

USD 31.22  0.38  1.23%   

The current price rise of ChampionX could raise concerns from investors as the firm is trading at a share price of 31.22 on 550,841 in volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.59. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from ChampionX partners.
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The ChampionX stock analysis report makes it easy to digest most publicly released information about ChampionX 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 price relationship with some important fundamental indicators such as market cap and management efficiency.

ChampionX Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The book value of ChampionX was currently reported as 8.58. The company has Price/Earnings To Growth (PEG) ratio of 0.54. ChampionX last dividend was issued on the 5th of January 2023. 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 please contact Sivasankaran Somasundaram at 281 403 5772 or go to https://www.championx.com.

ChampionX 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's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ChampionX or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
ChampionX appears to be risky and price may revert if volatility continues
ChampionX has a strong financial position based on the latest SEC filings
Over 99.0% of the company shares are held by institutions such as insurance companies
On 28th of October 2022 ChampionX paid $ 0.075 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Stephen Todd of 19 shares of Championx Corp subject to Rule 16b-3

ChampionX Upcoming and Recent Events

Earnings reports are used by ChampionX 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 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'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 SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. ChampionX prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that ChampionX 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 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 Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 5.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ChampionX's market, we take the total number of its shares issued and multiply it by ChampionX'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's profitability indicators refer to fundamental financial ratios that showcase ChampionX's ability to generate income relative to its revenue or operating costs. If, let's say, ChampionX is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ChampionX'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's profitability requires more research than a typical breakdown of ChampionX'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 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.09 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 6.84  7.39 
Return on Average Assets 3.23  3.49 
Return on Average Equity 6.67  7.20 
Return on Invested Capital 0.09  0.09 
Return on Sales 0.07  0.07 

Management Efficiency

The entity has Return on Asset of 0.0596 % which means that on every $100 spent on asset, it made $0.0596 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.0787 %, implying that it generated $0.0787 on every 100 dollars invested. ChampionX management efficiency ratios could be used to measure how well championx 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 3.49 in 2022. ChampionX Current Assets are fairly stable at the moment as compared to the past year. ChampionX reported Current Assets of 1.46 Billion in 2021. Total Assets Per Share is likely to rise to 21.48 in 2022, whereas Total Assets are likely to drop slightly above 2.9 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 1st of December, ChampionX shows the risk adjusted performance of 0.2263, and Mean Deviation of 2.52. ChampionX 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, which can be compared to its rivals. Please confirm ChampionX coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if ChampionX is priced correctly, providing market reflects its regular price of 31.22 per share. Given that ChampionX has jensen alpha of 0.4273, we suggest you to validate ChampionX's prevailing market performance to make sure the company can sustain itself at a future point.

ChampionX Price Movement Analysis

The output start index for this execution was thirty-three with a total number of output elements of twenty-eight. ChampionX Triple Exponential Moving Average indicator shows smoothing effect of ChampionX price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.
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ChampionX 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 insiders, such as employees or executives, is commonly permitted as long as it does not rely on ChampionX'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 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.
Stephen Todd over two weeks ago via Macroaxis 
Acquisition by Stephen Todd of 19 shares of Championx Corp subject to Rule 16b-3
Sivasankaran Somasundaram over two weeks ago via Macroaxis 
Exercise or conversion by Sivasankaran Somasundaram of 264 shares of Championx Corp subject to Rule 16b-3
Sivasankaran Somasundaram over three weeks ago via Macroaxis 
Exercise or conversion by Sivasankaran Somasundaram of 40000 shares of Championx Corp subject to Rule 16b-3
Julia Wright over a month ago via Macroaxis 
Sale by Julia Wright of 13000 shares of Championx Corp
Syed Raza over three months ago via Macroaxis 
Payment of 1198 shares by Syed Raza of Championx Corp subject to Rule 16b-3
Robert Galloway over six months ago via Macroaxis 
Payment of 617 shares by Robert Galloway of Championx Corp subject to Rule 16b-3
Syed Raza over six months ago via Macroaxis 
Payment of 685 shares by Syed Raza of Championx Corp subject to Rule 16b-3
Antoine Marcos over six months ago via Macroaxis 
Payment of 702 shares by Antoine Marcos of Championx Corp subject to Rule 16b-3
Antoine Marcos over six months ago via Macroaxis 
Acquisition by Antoine Marcos of 10802 shares of Championx Corp subject to Rule 16b-3
Julia Wright over six 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 a year ago via Macroaxis 
Championx Corp exotic insider transaction detected

ChampionX Predictive Daily Indicators

ChampionX intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ChampionX stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ChampionX Forecast Models

ChampionX time-series forecasting models is one of many ChampionX'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'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 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 prices is reacting to, or reflecting on a current 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. 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 11.53  9.96 
Gross Margin 24.17  30.64 
Profit Margin 3.68  3.98 

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 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, talking to its executives and customers, or listening to ChampionX conference calls.
ChampionX Analyst Advice Details

ChampionX Stock Analysis Indicators

ChampionX stock analysis indicators help investors evaluate how ChampionX 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 shares will generate the highest return on investment. By understating and applying ChampionX stock analysis, traders can identify ChampionX position entry and exit signals to maximize returns.
Begin Period Cash Flow201421000.00
Common Stock Shares Outstanding208325000.00
Total Stockholder Equity1770645000.00
DescriptionChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. The companys Production Chemical Technologies segment offers onshore and offshore che
Total Cashflows From Investing Activities-37411000.00
Tax Provision38445000.00
Quarterly Earnings Growth Y O Y-0.593
Property Plant And Equipment Net892271000.00
Retained Earnings-525158000.00
Cash And Short Term Investments251678000.00
Retained Earnings Total Equity-525158000.00
Cash251678000.00
CodeCHX
Accounts Payable473561000.00
Net Debt582739000.00
50 Day M A25.4992
Total Current Liabilities802325000.00
Currency CodeUSD
Other Operating Expenses2902072000.00
Non Current Assets Total2073801000.00
Forward Price Earnings19.7239
Common Stock Total Equity2029000.00
Non Currrent Assets Other77193000.00
Continue to Trending Equities. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for ChampionX Stock analysis

When running ChampionX 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 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 YOY
(0.59) 
Market Capitalization
B
Quarterly Revenue Growth YOY
0.25
Return On Assets
0.0596
Return On Equity
0.0787
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 ChampionX value 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.