Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? ChampionX (CHX) , which belongs to the Zacks Engineering - R and D Services industry, could be a great candidate to consider.When looking at the last two reports, this oil and gas drilling technology company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 15.98%, on average, in the last two quarters.Fo ...

ChampionX (CHX) shares ended the last trading session 12.6% higher at $25.35. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 21.1% loss over the past four weeks.Following President Trump's announcement to suspend U.S. tariffs on most countries for 90 days, ChampionX  shares soared, reflecting renewed investor optimism.This oil and gas drilling technology company is expected to post quarterly earnings of $0.41 per ...

Looking more specifically, ChampionX belongs to the Engineering - R and D Services industry, a group that includes 16 individual stocks and currently sits at #39 in the Zacks Industry Rank. Stocks in this group have lost about 18.3% so far this year, so CHX is performing better this group in terms of year-to-date returns. In contrast, Cavco falls under the Building Products - Mobile Homes and RV Builders industry. Currently, this industry has 5 stocks and is ranked #44. Since the beginning of the year, the ...

ChampionX (CHX) closed the last trading session at $30.37, gaining 5.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $43 indicates a 41.6% upside potential.The average comprises six short-term price targets ranging from a low of $39 to a high of $51, with a standard deviation of $4.86. While the lowest estimate indicates an increase of 28.4% from the current price level, the mos ...

THE WOODLANDS, Texas, March 04, 2025 (GLOBE NEWSWIRE) -- ChampionX Corporation ("ChampionX" or the "Company") (NASDAQ:CHX), a global leader in oilfield technology, announced today its ChampionX Emissions Technologies' Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method outlined in OOOOb. This approval marks a significant milestone in emissions management, empowering operators to integrate AOGI into their ...

THE WOODLANDS, Texas, March 04, 2025 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today its ChampionX Emissions Technologies’ Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method outlined in OOOOb. This approval marks a significant milestone in emissions management, empowering operators to integrate AOGI into thei ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. ChampionX (CHX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.ChampionX is one of 87 individual stocks in the Construction sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The ...

THE WOODLANDS, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- ChampionX Corporation (“ChampionX” or the “Company”) (NASDAQ: CHX), a global leader in oilfield technology, announced today that it has entered into a definitive agreement to sell all of its equity interests in US Synthetic Corporation (“US Synthetic”) to LongRange Capital, L.P. (“LongRange Capital”). US Synthetic, located in Orem, Utah, offers innovative, best-in-class polycrystalline diamond cutter inserts, bearings, valves, and mining tools to help ...

Core Viewpoint - ChampionX Corporation's US Synthetic Corp. achieved a significant legal victory as the U.S. Court of Appeals reversed a prior ITC ruling that deemed its patent claims ineligible under 35 U.S.C. § 101 [1][2]. Company Summary - US Synthetic is a leading provider of polycrystalline diamond cutters (PDC) for oil and gas drilling, focusing on innovative and high-quality products [3]. - The company has over 40 years of experience in material science applications, developing specialized products for demanding oil exploration and development projects [3]. Patent and Legal Context - The case involved U.S. Patent No. 10508502, which pertains to a PDC used in rotary drill bits, noted for its superior diamond-to-diamond bonding [2]. - The ITC initially ruled the patent claims as abstract ideas, but the Federal Circuit found them to describe a specific composition of matter, emphasizing the significance of the magnetic properties in the PDC's physical characteristics [2]. Industry Impact - The Federal Circuit's decision reinforces the validity of US Synthetic's patent, protecting its intellectual property and highlighting the importance of its technology in enhancing drilling performance and efficiency [3]. - ChampionX operates as a global leader in chemistry solutions, artificial lift systems, and engineered equipment, contributing to safe and efficient oil and gas production [4].

Investing in stocks based on valuation metrics is considered a smart strategy. The price-to-earnings (P/E) ratio is often the go-to metric due to its simplicity and ease of use. However, the price-to-sales (P/S) ratio is more useful for evaluating stocks of companies that are unprofitable or in early growth stages, as it helps assess value when earnings are minimal or non-existent.JAKKS Pacific (JAKK) , UFP Industries (UFPI) , Sunoco (SUN) , The Greenbrier Companies, Inc. (GBX) and ChampionX Corporation (CH ...