The price of CPK is predicted to go up 8.81%, based on the high correlation periods with RCKT. The similarity of these two price pattern on the periods is 93.54%.
CPK
RCKT
Up: 8.81%Similarity: 93.54%
CPK Revenue Forecast
CPK EPS Forecast
CPK FAQs
What is bull’s view on CPK?
Chesapeake Utilities (CPK) is currently trading at $121.15, with a bullish price target of $130 set by Wells Fargo, reflecting a potential upside of 7.3%. The stock benefits from its stable utility business model and consistent earnings growth, supported by its regulated and unregulated energy segments. However, recent equity offerings and mixed analyst ratings suggest moderate near-term volatility.
What is bear's view on CPK?
Chesapeake Utilities (CPK) currently trades at $121.15, with analysts maintaining a Hold rating and a price target of $130. The bearish view stems from limited upside potential (7.3%) and concerns over valuation, as its P/E ratio of 24.57 is higher than industry averages. Additionally, the recent $100M equity offering may dilute shareholder value, adding to the cautious sentiment.
What is CPK revenue forecast for next quarter?
The market consensus for CPK's revenue in the upcoming quarter is projected to be approximately $255.179M USD.
What is CPK eps forecast for next quarter?
The market consensus for CPK's eps in the upcoming quarter is projected to be approximately $2.337 USD.
Barclays analyst Nicholas Campanella raised the firm's price target on Chesapeake Utilities to $124 from $118 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the utilities and power group.