Head-To-Head Analysis: Chesapeake Utilities Corporation (CPK) vs. The Competition
Chesapeake Utilities Corporation (NYSE: CPK) is one of 17 public companies in the “Natural Gas Distribution” industry, but how does it weigh in compared to its peers? We will compare Chesapeake Utilities Corporation to related companies based on the strength of its risk, profitability, earnings, dividends, analyst recommendations, valuation and institutional ownership.
Institutional and Insider Ownership
61.2% of Chesapeake Utilities Corporation shares are held by institutional investors. Comparatively, 65.6% of shares of all “Natural Gas Distribution” companies are held by institutional investors. 4.2% of Chesapeake Utilities Corporation shares are held by company insiders. Comparatively, 2.2% of shares of all “Natural Gas Distribution” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
This table compares Chesapeake Utilities Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Chesapeake Utilities Corporation||7.40%||9.18%||3.41%|
|Chesapeake Utilities Corporation Competitors||4.26%||-3.43%||2.73%|
This is a breakdown of recent ratings and target prices for Chesapeake Utilities Corporation and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Chesapeake Utilities Corporation||0||5||0||0||2.00|
|Chesapeake Utilities Corporation Competitors||57||205||220||5||2.36|
Chesapeake Utilities Corporation presently has a consensus target price of $73.00, indicating a potential downside of 8.75%. As a group, “Natural Gas Distribution” companies have a potential downside of 0.64%. Given Chesapeake Utilities Corporation’s peers stronger consensus rating and higher probable upside, analysts plainly believe Chesapeake Utilities Corporation has less favorable growth aspects than its peers.
Earnings & Valuation
This table compares Chesapeake Utilities Corporation and its peers gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Chesapeake Utilities Corporation||$498.86 million||$44.67 million||31.25|
|Chesapeake Utilities Corporation Competitors||$1.99 billion||$162.23 million||25.74|
Chesapeake Utilities Corporation’s peers have higher revenue and earnings than Chesapeake Utilities Corporation. Chesapeake Utilities Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Chesapeake Utilities Corporation pays an annual dividend of $1.30 per share and has a dividend yield of 1.6%. Chesapeake Utilities Corporation pays out 50.8% of its earnings in the form of a dividend. As a group, “Natural Gas Distribution” companies pay a dividend yield of 2.3% and pay out 62.6% of their earnings in the form of a dividend. Chesapeake Utilities Corporation has increased its dividend for 13 consecutive years.
Volatility & Risk
Chesapeake Utilities Corporation has a beta of 0.25, meaning that its share price is 75% less volatile than the S&P 500. Comparatively, Chesapeake Utilities Corporation’s peers have a beta of 0.43, meaning that their average share price is 57% less volatile than the S&P 500.
Chesapeake Utilities Corporation peers beat Chesapeake Utilities Corporation on 9 of the 15 factors compared.
Chesapeake Utilities Corporation Company Profile
Chesapeake Utilities Corporation (Chesapeake) is an energy company. The Company operates through two segments: Regulated Energy and Unregulated Energy. The Company provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services. The Regulated Energy segment includes the Company’s natural gas distribution, natural gas transmission and electric distribution operations. The Unregulated Energy segment includes its propane distribution, propane and crude oil wholesale marketing, natural gas marketing and unregulated natural gas supply, gathering and processing, electricity and steam generation and other unregulated energy-related services to customers.
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