Championx Stock Buy Hold or Sell Recommendation
| CHX Stock | USD 27.54 0.80 2.82% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding ChampionX is 'Strong Buy'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell ChampionX given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for ChampionX, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ChampionX Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide. In addition, we conduct extensive research on individual companies such as ChampionX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards ChampionX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
ChampionX |
Execute ChampionX Buy or Sell Advice
The ChampionX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ChampionX. Macroaxis does not own or have any residual interests in ChampionX or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ChampionX's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | 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 |
ChampionX Trading Alerts and Improvement Suggestions
| ChampionX generated a negative expected return over the last 90 days | |
| 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 thelincolnianonline.com: MML Investors Services LLC Grows Stock Holdings in ChampionX Co. |
ChampionX Returns Distribution Density
The distribution of ChampionX's historical returns is an attempt to chart the uncertainty of ChampionX's future price movements. The chart of the probability distribution of ChampionX daily returns describes the distribution of returns around its average expected value. We use ChampionX price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ChampionX returns is essential to provide solid investment advice for ChampionX.
| Mean Return | 0.01 | Value At Risk | -3.01 | Potential Upside | 2.87 | Standard Deviation | 2.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ChampionX historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ChampionX Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as ChampionX, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading ChampionX back and forth among themselves.
| Shares | Northern Trust Corp | 2024-09-30 | 2.6 M | Van Eck Associates Corporation | 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 | Cnh Partners, Llc | 2024-09-30 | 2.6 M | Magnetar Financial Llc | 2024-09-30 | 2.3 M | Bank Of America Corp | 2024-09-30 | 2.1 M | Amvescap Plc. | 2024-09-30 | 2 M | Alliancebernstein L.p. | 2024-09-30 | 2 M | Blackrock Inc | 2024-06-30 | 23.2 M | Vanguard Group Inc | 2024-09-30 | 19.7 M |
ChampionX Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 19.1M | 85.9M | (124.2M) | (52.4M) | 18.8M | 19.7M | |
| Change In Cash | (6.5M) | 166.1M | 53.8M | (5.0M) | 38.4M | 32.3M | |
| Free Cash Flow | 116.1M | 264.9M | 243.8M | 310.6M | 397.9M | 214.1M | |
| Depreciation | 119.9M | 214.4M | 237.3M | 241.9M | 235.9M | 185.5M | |
| Other Non Cash Items | 3.6M | 679.7M | (43.0M) | 40.1M | 35.0M | 33.2M | |
| Capital Expenditures | 39.8M | 45.2M | 84.5M | 102.8M | 142.3M | 149.4M | |
| Net Income | 53.0M | (742.4M) | 114.2M | 156.6M | 318.7M | 334.7M | |
| End Period Cash Flow | 35.3M | 201.4M | 255.2M | 250.2M | 288.6M | 303.0M | |
| Investments | (49.9M) | 22.1M | (4.9M) | (88.0M) | (125.1M) | (118.8M) | |
| Net Borrowings | (110.6M) | (166.6M) | (223.4M) | (105.9M) | (95.3M) | (90.6M) | |
| Dividends Paid | 736.6M | 45.6M | 2.2M | 958K | 65.0M | 101.1M | |
| Change To Netincome | 9.8M | 678.1M | (23.2M) | 59.0M | 67.9M | 102.2M |
ChampionX Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ChampionX or Energy Equipment & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ChampionX's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ChampionX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 1.39 | |
σ | Overall volatility | 2.03 | |
Ir | Information ratio | -0.04 |
ChampionX Volatility Alert
ChampionX has relatively low volatility with skewness of 1.26 and kurtosis of 6.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ChampionX's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ChampionX's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ChampionX Fundamentals Vs Peers
Comparing ChampionX's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ChampionX's direct or indirect competition across all of the common fundamentals between ChampionX and the related equities. This way, we can detect undervalued stocks with similar characteristics as ChampionX or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ChampionX's fundamental indicators could also be used in its relative valuation, which is a method of valuing ChampionX by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ChampionX to competition |
| Fundamentals | ChampionX | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0953 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 5.74 B | 16.62 B |
| Shares Outstanding | 190.5 M | 571.82 M |
| Shares Owned By Insiders | 0.91 % | 10.09 % |
| Shares Owned By Institutions | 93.00 % | 39.21 % |
| Number Of Shares Shorted | 6.84 M | 4.71 M |
| Price To Earning | 81.16 X | 28.72 X |
| Price To Book | 2.99 X | 9.51 X |
| Price To Sales | 1.48 X | 11.42 X |
| Revenue | 3.76 B | 9.43 B |
| Gross Profit | 945.88 M | 27.38 B |
| EBITDA | 506.61 M | 3.9 B |
| Net Income | 318.72 M | 570.98 M |
| Cash And Equivalents | 187.47 M | 2.7 B |
| Cash Per Share | 0.94 X | 5.01 X |
| Total Debt | 665.75 M | 5.32 B |
| Debt To Equity | 0.43 % | 48.70 % |
| Current Ratio | 1.85 X | 2.16 X |
| Book Value Per Share | 9.52 X | 1.93 K |
| Cash Flow From Operations | 540.27 M | 971.22 M |
| Short Ratio | 4.25 X | 4.00 X |
| Earnings Per Share | 1.62 X | 3.12 X |
| Price To Earnings To Growth | 0.86 X | 4.89 X |
| Target Price | 42.25 | |
| Number Of Employees | 7.1 K | 18.84 K |
| Beta | 2.39 | -0.15 |
| Market Capitalization | 5.43 B | 19.03 B |
| Total Asset | 3.24 B | 29.47 B |
| Retained Earnings | (455.68 M) | 9.33 B |
| Working Capital | 642.67 M | 1.48 B |
Note: Disposition of 9061 shares by Deric Bryant of ChampionX at 29.85 subject to Rule 16b-3 [view details]
ChampionX Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ChampionX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 55584.92 | |||
| Daily Balance Of Power | (1.21) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 27.72 | |||
| Day Typical Price | 27.66 | |||
| Price Action Indicator | (0.58) | |||
| Period Momentum Indicator | (0.80) |
About ChampionX Buy or Sell Advice
When is the right time to buy or sell ChampionX? Buying financial instruments such as ChampionX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ChampionX in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Market Funds Thematic Idea Now
Money Market Funds
Funds or Etfs investing in various types of short-term (less than one year) fixed income instruments of high-quality and liquidity. The Money Market Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Market Funds Theme or any other thematic opportunities.
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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.