How to Buy Championx Stock
Championx Corp
ChampionX Corporation provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide.
Championx stock last closed at $34.86, down 0.43% from the previous day, and has increased 28.21% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.02 percentage points. Championx stock is currently +39.55% from its 52-week low of $24.98, and -12.74% from its 52-week high of $39.95.
As of Apr 26, 2024, there are 190M shares of CHX outstanding. The market cap of CHX is $6.62B. In the last 24 hours, 1.72M CHX shares were traded.
How to Buy Championx Stock
Not sure how to invest in Championx stock? Here's how.
- Choose where to buy Championx stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Championx stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your info.
- Evaluate Championx stock: The Championx ticker symbol is CHX. Is Championx stock a good investment? Should you buy shares of CHX? How do CHX's underlying business fundamentals look? Do top analysts think Championx is a good buy? Why has CHX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CHX is a good stock to buy).
- Place your CHX purchase: Decide if you will purchase CHX shares at the current market price or use a limit order to buy CHX shares at a specific price.
- Keep tabs on your investment in CHX: Create a watchlist to keep tabs on your position in Championx shares.
Step 1: Choose where to buy Championx stock
You will need an online brokerage account to access the NASDAQ market and buy CHX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you can buy CHX today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on our top ranked stock app, you need to deposit funds:
Check out the tutorial below to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Championx stock
After you have identified the best place to buy Championx stock, it's absolutely critical to research their stock prior to investing, so you actually comprehend the risk as well as the opportunity.
Championx quick stats
Fundamentals of CHX
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CHX's stock page.
Is CHX stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CHX's intrinsic value.
Using relative valuations methods:
- CHX could be undervalued based on its P/E ratio of 18.54x, relative to Oil & Gas Equipment & Services industry P/E ratio of 20.84x
- CHX may be overvalued based on its P/B ratio of 3.87x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.71x
- CHX could be overvalued based on its PEG ratio of 2.46x
You can do additional valuation analysis on CHX's stock here.
A look at CHX Cashflows and Balance Sheet
Passed Health Checks:
- CHX earnings of $522.69M is not sufficient to cover its interest payments.
- CHX profit margin has gone up from 4.7% to 9.7% in the past year.
- CHX's operating cash flow of $621.40M allows it to safely service it's debt of $699.57M.
- There are more short-term assets than long-term liabilities on the CHX balance sheet.
- There are more short-term assets than short-term liabilities on the CHX balance sheet.
- Total CHX debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- CHX has a relatively high debt to equity ratio of 0.95.
Is Championx stock a Buy, Hold, or Sell, according to analysts?
Out of 5 sell side analysts who track CHX, the consensus analyst rating on CHX is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Championx stock forecast page.
Metrics for Advanced CHX Traders
CHX Revenue
Last year, CHX earnings were $363.63M. Over the past five year, CHX's earnings have gone up by 10.33% per year. This was slower than the Oil & Gas Equipment & Services industry average of 32.62%.
Last year, CHX revenue was $3.73B. In the last 5 year, CHX's revenue has increased by 24.74% per year. This was faster than the Oil & Gas Equipment & Services industry average of 9.28%.
Learn more about CHX's earnings and revenue performance here.
Are CHX executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at CHX have sold more shares than they have bought.
William Odell Jr., President Oilfield and Specialty Performance of CHX, was the latest CHX insider to sell. They sold $978,408.00 worth of CHX stock on Mar 28, 2024.
Research more about who owns CHX stock here.
Does CHX provide a stable income stream?
Championx pays a dividend of 1%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 3.11%. If you owned $1,000 worth of CHX stock, you would have received $10.04 last year.
Find more analysis about Championx dividend yield and history here.
CHX Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your CHX purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Press the Open button and your broker will place the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in CHX
Now that you own some shares in CHX, you'll want to stay up-to-date on your new shares.
Create a watchlist to get alerted to the latest events about your CHX stock.
CHX Feed
How to Buy Stock in Championx
To reiterate, here are the 6 steps for buying Championx stock:
- Choose where to buy Championx stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Championx stock
- Place your CHX purchase
- Keep tabs on your investment in CHX
If you are looking for a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Championx, create your watchlist below.
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