Is ChampionX Stock a Good Investment?
ChampionX Investment Advice | CHX |
- Examine ChampionX's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ChampionX's leadership team and their track record. Good management can help ChampionX navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Equipment & Services space and any emerging trends that could impact ChampionX's business and its evolving consumer preferences.
- Compare ChampionX's performance and market position to its competitors. Analyze how ChampionX is positioned in terms of product offerings, innovation, and market share.
- Check if ChampionX pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ChampionX's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ChampionX stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ChampionX is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine ChampionX Stock
Researching ChampionX's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are held by institutions such as insurance companies. The book value of ChampionX was currently reported as 9.52. The company has Price/Earnings To Growth (PEG) ratio of 0.92. ChampionX last dividend was issued on the 3rd of January 2025.
To determine if ChampionX is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ChampionX's research are outlined below:
| ChampionX is unlikely to experience financial distress in the next 2 years | |
| ChampionX has a strong financial position based on the latest SEC filings | |
| Over 93.0% of the company shares are held by institutions such as insurance companies | |
| On 25th of October 2024 ChampionX paid $ 0.095 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: UK antitrust regulator looking at SLB-ChampionX deal |
ChampionX Quarterly Cost Of Revenue |
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ChampionX uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ChampionX. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ChampionX's 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.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 22nd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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. Below are the table of largest EPS Surprises ChampionX's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-07-28 | 2021-06-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2021-02-23 | 2020-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2022-04-26 | 2022-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2020-04-27 | 2020-03-31 | 0.06 | 0.04 | -0.02 | 33 | ||
2021-10-27 | 2021-09-30 | 0.18 | 0.15 | -0.03 | 16 | ||
2021-04-28 | 2021-03-31 | 0.05 | 0.08 | 0.03 | 60 | ||
2023-07-24 | 2023-06-30 | 0.44 | 0.49 | 0.05 | 11 | ||
2019-10-23 | 2019-09-30 | 0.33 | 0.27 | -0.06 | 18 |
Know ChampionX's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ChampionX is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ChampionX backward and forwards among themselves. ChampionX's institutional investor refers to the entity that pools money to purchase ChampionX'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.
| Shares | Bessemer Group Inc | 2024-06-30 | 3.1 M | Westchester Capital Management Llc | 2024-09-30 | 2.8 M | Van Eck Associates Corporation | 2024-06-30 | 2.8 M | Northern Trust Corp | 2024-09-30 | 2.6 M | Omers Administration Corp | 2024-09-30 | 2.6 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 2.3 M | Magnetar Financial Llc | 2024-09-30 | 2.3 M | Principal Financial Group Inc | 2024-09-30 | 2 M | Blackrock Inc | 2024-06-30 | 23.2 M | Vanguard Group Inc | 2024-09-30 | 19.7 M |
ChampionX's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.82 B.Market Cap |
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ChampionX's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | 0.10 | 0.10 | |
| Return On Equity | 0.19 | 0.20 |
Determining ChampionX's profitability involves analyzing its financial statements and using various financial metrics to determine if ChampionX is a good buy. For example, gross profit margin measures ChampionX's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ChampionX's profitability and make more informed investment decisions.
ChampionX's Earnings Breakdown by Geography
Please note, the imprecision that can be found in ChampionX's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of ChampionX. Check ChampionX's Beneish M Score to see the likelihood of ChampionX's management manipulating its earnings.
Evaluate ChampionX's management efficiency
ChampionX has Return on Asset of 0.0953 % which means that on every $100 spent on assets, it made $0.0953 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1828 %, implying that it generated $0.1828 on every 100 dollars invested. ChampionX's 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 Tangible Assets is likely to rise to 0.14 in 2024. Return On Capital Employed is likely to rise to 0.22 in 2024. At this time, ChampionX's Non Current Assets Total are fairly stable compared to the past year. Intangible Assets is likely to rise to about 276.9 M in 2024, whereas Total Assets are likely to drop slightly above 2.8 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.47 | 15.22 | |
| Tangible Book Value Per Share | 3.82 | 4.01 | |
| Enterprise Value Over EBITDA | 8.49 | 12.95 | |
| Price Book Value Ratio | 3.42 | 1.85 | |
| Enterprise Value Multiple | 8.49 | 12.95 | |
| Price Fair Value | 3.42 | 1.85 |
Examining the leadership quality of ChampionX offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield 0.0124 | Forward Dividend Yield 0.0124 | Forward Dividend Rate 0.38 | Beta 2.39 |
Basic technical analysis of ChampionX Stock
As of the 28th of November, ChampionX shows the risk adjusted performance of (0.02), and Mean Deviation of 1.42. 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.ChampionX's 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.
ChampionX's Outstanding Corporate Bonds
ChampionX issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ChampionX uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ChampionX bonds can be classified according to their maturity, which is the date when ChampionX has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand ChampionX's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ChampionX's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.42 | |||
| Coefficient Of Variation | (3,498) | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.22 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.87 | |||
| Skewness | 1.16 | |||
| Kurtosis | 5.66 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.42 | |||
| Coefficient Of Variation | (3,498) | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.22 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 2.87 | |||
| Skewness | 1.16 | |||
| Kurtosis | 5.66 |
Consider ChampionX's intraday 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.
| Accumulation Distribution | 23407.09 | |||
| Daily Balance Of Power | 0.2909 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 30.92 | |||
| Day Typical Price | 30.84 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | 0.16 | |||
| Relative Strength Index | 56.62 |
ChampionX Corporate Filings
F4 | 18th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 24th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 21st of October 2024 Other Reports | ViewVerify |
ChampionX Stock media impact
Far too much social signal, news, headlines, and media speculation about ChampionX that are available to investors today. That information is available publicly through ChampionX media outlets and privately through word of mouth or via ChampionX internal channels. However, regardless of the origin, that massive amount of ChampionX data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ChampionX news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ChampionX relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ChampionX's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ChampionX alpha.
ChampionX Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ChampionX can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ChampionX Corporate Management
| Julia JD | General VP | Profile | |
| Mamatha Chamarthi | Independent Director | Profile | |
| Antoine Marcos | Chief Accounting Officer, Vice President Corporate Controller | Profile | |
| Stuart Porter | Director | Profile | |
| Daniel Rabun | Independent Chairman of the Board | Profile | |
| Syed Raza | Senior Vice President Chief Digital Officer | Profile | |
| Jordan Zweig | Senior Officer | Profile |
Additional 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.