Chesapeake Energy Corporation (NYSE:CHK) stock is presently standing at about $7.16 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 28 analysts covering the company is $7.75, which suggests the stock could still rise over 8 percent. The highest analyst price target is $11.00, which implies a rally of 46 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 2 rate CHK a strong buy. There are 22 equity research firms advocating a Hold and 2 consider it Sell.

Mizuho analysts provided their view on Chesapeake Energy Corporation (NYSE:CHK) recently. The rating firm issued a Neutral rating to this company in a research note released on Dec 20, 2016. Jefferies analysts disclosed their opinion on Chesapeake Energy Corporation (NYSE:CHK) recently. The rating firm gave a Hold rating to this stock in a research note published on Nov 10, 2016. According to a research note disclosed on Oct 25, 2016, analysts at RBC Capital Mkts have upped their rating on these shares from Underperform to Sector Perform.

Chesapeake Energy Corporation (NYSE:CHK) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director DUNHAM ARCHIE W Purchased 1,000,000 company shares for $6670000, in a transaction on 2016-09-20. Following the transaction, the Director is left with a stake of 6670 shares, currently valued at $47757. Meanwhile, Director DUNHAM ARCHIE W purchased 350,000 shares worth $2124000.5, through a transaction dated 2016-08-22. Following the completion of the transaction, the insider is left with a stake of 3,127,951 shares, amounting $22396129.16. CHK Director RYAN THOMAS L also purchased 50,000 shares, at a stock price of $5.59. This transaction occurred on 2016-08-17 totals $279000.5. After this transaction, the insider’s stake stands at 246,269 shares, with a market value of $1763286.

Executives hold 4.88 percent of the stock. Tom L. Ward is one of the biggest insider owners in Chesapeake Energy Corporation (NYSE:CHK), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 14,043,820 shares which have current market value of around $100553751.2.Archie W. Dunham is another major inside shareholder in the company. The insider owns 4,137,717 shares as of 0.47%, currently worth $29626053.72. Aubrey K. Mcclendon is ranked as third insider holder of the stock. This insider holds 3,172,436 shares with a market value around $22714641.76 as of recent close.

Chesapeake Energy Corporation (NYSE:CHK) Earnings Outlook

In Chesapeake Energy Corporation (NYSE:CHK)’s latest quarter, EPS moved to $0.09 from $-0.14 in preceding quarter and revenues reached at $2,276.00M compared to $1,622.00M. Analysts had expected Chesapeake Energy Corporation (NYSE:CHK) to post net income of about $-0.03 per share on $2,178.03M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.03 to $0.44. That is compared with the $-0.16 in EPS it reported during the same period a year ago.