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4 Top-Ranked Efficient Stocks to Buy Amid Recession Fears
ZACKS· 2025-05-07 11:10
Core Insights - The article emphasizes the importance of efficiency ratios in evaluating a company's potential for profitability and stock performance [1] Efficiency Ratios - **Receivables Turnover**: This ratio measures a company's ability to extend credit and collect debts, with a high ratio indicating effective collection practices and quality customers [2] - **Asset Utilization**: This ratio assesses how well a company converts its assets into sales, with higher values suggesting greater efficiency [3] - **Inventory Turnover**: This ratio indicates a company's ability to manage inventory relative to its cost of goods sold, where a high value reflects efficient inventory management [4] - **Operating Margin**: This ratio measures the efficiency of a company in controlling operating expenses, with higher values indicating better expense management compared to peers [5] Screening Criteria - The screening process identified stocks with efficiency ratios above industry averages, narrowing down from over 7,906 stocks to eight candidates [7] - A favorable Zacks Rank of 1 (Strong Buy) was also included in the screening criteria to enhance profitability [6] Selected Stocks - **Quad Graphics (QUAD)**: Specializes in print and multichannel solutions, with an average four-quarter earnings surprise of 71.8% [7] - **ONESPAN (OSPN)**: Develops security software and e-signature solutions, achieving an average four-quarter earnings surprise of 38.6% [8] - **ChampionX (CHX)**: Provides chemistry solutions and technologies for oil and gas production, with an average four-quarter earnings surprise of 9% [9] - **BancFirst (BANF)**: A bank holding company offering commercial banking services, with an average four-quarter earnings surprise of 7% [10]
ChampionX(CHX) - 2025 Q1 - Quarterly Report
2025-04-30 20:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38441 ChampionX Corporation (Exact name of registrant as specified in its charter) Delaware 82-3066826 (State or other jurisdiction of inc ...
ChampionX (CHX) Q1 Earnings Surpass Estimates
ZACKS· 2025-04-29 22:50
ChampionX (CHX) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.95%. A quarter ago, it was expected that this oil and gas drilling technology company would post earnings of $0.41 per share when it actually produced earnings of $0.50, delivering a surprise of 21.95%.Over the last fo ...
ChampionX(CHX) - 2025 Q1 - Quarterly Results
2025-04-29 20:51
"The first quarter demonstrated the resilience of our ChampionX portfolio as we delivered strong adjusted EBITDA and adjusted EBITDA margin, and generated positive free cash flow. These results reflect the commitment of our ChampionX employees around the world who express daily an unwavering focus on delivering value-added solutions for our customers' most important challenges. I am thankful and humbled to lead such a talented and dedicated team," ChampionX's President and Chief Executive Officer Sivasankar ...
ChampionX Reports First Quarter 2025 Results
Globenewswire· 2025-04-29 20:30
Financial Performance - ChampionX Corporation reported first quarter 2025 revenue of $864.5 million, a decrease of 5% sequentially, primarily due to seasonal declines in international operations [3][4] - Net income attributable to ChampionX was $85.8 million, with an income before income taxes margin of 12.1% and adjusted EBITDA of $190.9 million, reflecting a 22.1% adjusted EBITDA margin, the second-highest level for the company [3][4][29] - Cash from operating activities was $66.8 million, representing 78% of net income, and free cash flow was $38.6 million, marking the 12th consecutive quarter of positive free cash flow [4][37] Segment Performance - Production Chemical Technologies revenue was $523.4 million, down 8% sequentially, with segment operating profit of $82.2 million and an adjusted segment EBITDA margin of 20.8% [9][10][29] - Production & Automation Technologies revenue was $264.4 million, a decrease of 2% sequentially, with segment operating profit of $37.6 million and an adjusted segment EBITDA margin of 26.6% [11][12][29] - Drilling Technologies revenue was $50.5 million, down 3% sequentially, with segment operating profit of $8.2 million and an adjusted segment EBITDA margin of 20.3% [13][29] - Reservoir Chemical Technologies revenue increased by 23% sequentially to $26.9 million, with segment operating profit margin rising to 20.5% [14][15][29] Business Highlights - ChampionX secured several contracts in the Middle East and North America, including a major capital project in the Gulf of America and a significant volume of hydrate inhibitor for an Australian operator [16] - The company continues to expand its digital technologies, with strong market adoption of new solutions such as XSPOC production optimization software and SMARTEN™ Lite rod pump controllers [19] - ChampionX's Integrated Production Optimization (IPO) business is expanding, delivering measurable production uplift and optimizing chemical spend for operators [19] Acquisition Update - On April 2, 2024, SLB and ChampionX announced a definitive Agreement and Plan of Merger for SLB to acquire ChampionX in an all-stock transaction, which has received board and stockholder approval [7][8]
Why ChampionX (CHX) Could Beat Earnings Estimates Again
ZACKS· 2025-04-10 17:15
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) Surges 12.6%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 15:40
Company Overview - ChampionX (CHX) shares increased by 12.6% to $25.35 in the last trading session, following a significant volume of trading, contrasting with a 21.1% loss over the past four weeks [1] - The company is expected to report quarterly earnings of $0.41 per share, reflecting an 18% decrease year-over-year, with revenues projected at $869 million, down 5.8% from the previous year [2] - The consensus EPS estimate for ChampionX has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] Industry Context - ChampionX operates within the Zacks Engineering - R and D Services industry, where Aecom Technology (ACM) also resides, with ACM shares closing 9% higher at $94.99, despite a -7.6% return over the past month [3] - Aecom's consensus EPS estimate is $1.15, showing a 10.6% increase from the previous year, and it currently holds a Zacks Rank of 3 (Hold) [4]
Is ChampionX (CHX) Outperforming Other Construction Stocks This Year?
ZACKS· 2025-03-31 14:41
Group 1 - ChampionX (CHX) is a notable stock in the Construction sector, currently ranked 16 in the Zacks Sector Rank, which evaluates 16 different sector groups [2] - The Zacks Rank system indicates that ChampionX has a Zacks Rank of 2 (Buy), with a 3% increase in the consensus estimate for its full-year earnings over the past 90 days, reflecting improved analyst sentiment [3] - Year-to-date, ChampionX has returned approximately 9.9%, significantly outperforming the average return of -9.9% for the Construction sector [4] Group 2 - ChampionX is part of the Engineering - R and D Services industry, which includes 16 stocks and is currently ranked 39 in the Zacks Industry Rank; this industry has seen a loss of about 18.3% year-to-date, indicating that CHX is performing better than its peers [5] - Another stock in the Construction sector, Cavco (CVCO), has a year-to-date return of 15.2% and a Zacks Rank of 1 (Strong Buy), with a 21.8% increase in its consensus EPS estimate over the past three months [4][5] - The Building Products - Mobile Homes and RV Builders industry, to which Cavco belongs, is ranked 44 and has experienced a -2.6% return since the beginning of the year [6]
Wall Street Analysts Believe ChampionX (CHX) Could Rally 41.59%: Here's is How to Trade
ZACKS· 2025-03-27 14:55
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 ...
ChampionX's Aerial Optical Gas Imaging (AOGI) Platform Secures EPA Approval for Regulatory Compliance
Newsfilter· 2025-03-04 12:00
Core Insights - ChampionX Corporation's Aerial Optical Gas Imaging (AOGI) platform has received approval from the U.S. Environmental Protection Agency (EPA) for the Methane Alternative Test Method, marking a significant advancement in emissions management [1][3]. Company Overview - ChampionX is a global leader in oilfield technology, providing innovative solutions for emissions monitoring and management [1][8]. - The company leverages 140 years of oilfield expertise to support the oil and gas sectors with advanced technologies [5][8]. AOGI Platform Details - The AOGI platform is recognized for its efficiency, capable of surveying over 150 sites per day, thus reducing time and costs for emissions monitoring [2][3]. - AOGI combines high-definition Optical Gas Imaging (OGI) technology with an advanced gimbal system to detect and visualize methane leaks with high accuracy [3][4]. Industry Impact - The approval of AOGI sets a new standard in emissions monitoring, enabling operators to meet regulatory requirements more efficiently [3][4]. - The technology is particularly beneficial for small businesses in the oil and gas industry, streamlining the leak detection process [4]. Commitment to Innovation - ChampionX emphasizes its commitment to innovation and sustainability in the oil and gas sector, reinforcing the U.S. position as a leader in efficient energy production [4][5].