How to Buy Chesapeake Utilities Stock
Chesapeake Utilities Corp
Chesapeake Utilities is a gas company located in Delaware, United States, which is part of the Utilities sector, and is traded under the ticker CPK on the NYSE exchange.
Chesapeake Utilities stock last closed at $105.13, down 0.98% from the previous day, and has decreased 14.85% in one year. It has underperformed other stocks in the Utilities - Regulated Gas industry by 0.08 percentage points. Chesapeake Utilities stock is currently +25.46% from its 52-week low of $83.80, and -20.9% from its 52-week high of $132.91.
As of Apr 26, 2024, there are 22.24M shares of CPK outstanding. The market capitalization of CPK is $2.34B. In the last 24 hours, 72,031 CPK shares were traded.
How to Buy Chesapeake Utilities Stock
Wondering how to invest in Chesapeake Utilities stock? Here's how.
- Figure out where to buy Chesapeake Utilities stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Chesapeake Utilities stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Choose your payment method and add your info.
- Analyze Chesapeake Utilities stock: The Chesapeake Utilities ticker symbol is CPK. Is Chesapeake Utilities stock a good investment? Should you buy shares of CPK? How do CPK's underlying business fundamentals look? Do top analysts think Chesapeake Utilities is a good buy? Why has CPK's stock price moved recently? (Hint: Our stock market research tools can help you decide if CPK is a good stock to buy).
- Make your CPK purchase: Decide if you will purchase CPK shares at the current market price or use a limit order to purchase CPK shares at a given price.
- Keep an eye on your investment in CPK: Create a watchlist to keep track of your position in Chesapeake Utilities stock.
Step 1: Figure out where to buy Chesapeake Utilities stock
You need an online brokerage account in order to access the NYSE market and buy CPK shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in CPK today.
How to Create a New Brokerage 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.
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- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on one of the best stock trading apps, you need to deposit funds:
Watch the video below for more details transferring money into your investment account.
Step 4: Analyze Chesapeake Utilities stock
Once you have identified the best place to buy Chesapeake Utilities stock, it's important to analyze their stock before you invest, so you truly comprehend the risk as well as the opportunity.
Chesapeake Utilities Numbers
CPK Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CPK's stock page.
Is CPK stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge CPK's true value.
Using relative valuations ratios:
- CPK could be overvalued based on its P/E ratio of 22.13x, relative to Utilities - Regulated Gas industry P/E ratio of 14.91x
- CPK could be overvalued based on its P/B ratio of 1.88x, relative to Utilities - Regulated Gas industry P/B ratio of 1.74x
- CPK could be overvalued based on its PEG ratio of 4.64x
You can access more valuation analysis on CPK's stock here.
A quick look at CPK Financials
Passed Financial Due Diligence Checks:
- Total CPK debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the CPK balance sheet.
- There are more short-term liabilities than short-term assets on the CPK balance sheet.
- CPK's operating cash flow of $203.48M allows it to safely service it's debt of $1.40B.
- CPK has a relatively high debt to equity ratio of 1.65.
- CPK profit margin has gone down from 13.2% to 13% in the past year.
- CPK earnings of $152.24M is not sufficient to cover its interest payments.
Is CPK stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who give recommendations on CPK, the consensus analyst rating on CPK is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Chesapeake Utilities stock forecast page.
CPK Technical Indicators
CPK Performance Numbers
Last year, CPK earnings were $87.21M. During the past 5 year, CPK's earnings have increased by 6.54% per year. This was slower than the Utilities - Regulated Gas industry average of 21.57%.
Last year, CPK revenue was $670.60M. During the past 5 year, CPK's revenue has gone up by 6.46% per year. This was slower than the Utilities - Regulated Gas industry average of 10.97%.
Learn more about CPK's earnings and revenue performance here.
Who is buying/selling CPK?
Over the past 12 months, insiders at CPK have bought more shares than they have sold.
Beth W. Cooper, Executive VP CFO Treasurer of CPK, was the latest CPK insider to buy. They bought $537,492.36 worth of CPK stock on Feb 20, 2024.
Get more info about who owns CPK stock here.
Does CPK stock generate passive income?
Chesapeake Utilities pays a dividend of 2.24%, compared to the Utilities - Regulated Gas industry's average dividend yield of 3.65%. If you owned $1,000 of CPK stock, you would have been paid $22.45 in the past year.
Chesapeake Utilities dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Chesapeake Utilities dividend yield and history here.
Get opinions from other traders
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Step 5: Make your CPK purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in CPK
Now that you own some shares in CPK, you'll want to keep up with your new company.
Create a watchlist to get notified of important updates regarding your CPK stock.
CPK Feed
How to Buy Stock in Chesapeake Utilities
To reiterate, here are the 6 steps to buy stock in Chesapeake Utilities:
- Figure out where to buy Chesapeake Utilities stock
- Create a brokerage account
- Put funds into your brokerage account
- Analyze Chesapeake Utilities stock
- Make your CPK purchase
- Keep an eye on your investment in CPK
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Chesapeake Utilities, add CPK to your watchlist by clicking the button below.
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