ChampionX Corporation (NASDAQ:CHX) is expected to report an EPS of $0.47 and revenue of $942.1 million for the quarter ending December 2024.
Despite a projected decline in earnings year-over-year, the company is anticipated to surpass the consensus earnings estimate of $0.41 per share.
Key financial metrics include a P/E ratio of 17.68, a price-to-sales ratio of 1.52, and an enterprise value to operating cash flow ratio of 10.66.
ChampionX Corporation, trading on the NASDAQ under the symbol CHX, is a company that provides technology-driven solutions for the oil and gas industry. As it prepares to release its quarterly earnings on February 3, 2025, Wall Street analysts have set expectations for an earnings per share (EPS) of $0.47 and projected revenue of approximately $942.1 million.
Despite a projected year-over-year decline in earnings due to lower revenues for the quarter ending December 2024, ChampionX is anticipated to surpass earnings estimates, as highlighted by Zacks Investment Research. The consensus estimate for the company’s earnings is $0.41 per share. If the actual results exceed these estimates, it could positively impact the stock price.
ChampionX’s financial metrics provide insight into its market valuation and financial health. The company has a price-to-earnings (P/E) ratio of 17.68, indicating how the market values its earnings. Its price-to-sales ratio is 1.52, showing the amount investors are willing to pay per dollar of sales. The enterprise value to sales ratio of 1.60 includes debt and cash positions relative to sales.
The company’s enterprise value to operating cash flow ratio is 10.66, reflecting its efficiency in generating cash flow. With an earnings yield of 5.66%, ChampionX offers a return on investment for shareholders. The debt-to-equity ratio of 0.39 suggests a moderate level of debt compared to equity, while a current ratio of 1.94 indicates a strong ability to cover short-term liabilities with short-term assets.