Analysts who follow Charah Solutions Inc (CHRA) on average expect it to increase 7.32% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns Charah Solutions Inc an Analyst Ranking of 20, which means it ranks higher than 20 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Charah Solutions Inc Stock Today?
Charah Solutions Inc (CHRA) stock is up 46.13% while the S&P 500 is lower by -1.01% as of 10:36 AM on Friday, Jan 15. CHRA has gained $1.25 from the previous closing price of $2.71 on volume of 19,159,102 shares. Over the past year the S&P 500 is up 13.28% while CHRA has gained 33.33%. CHRA lost -$1.42 per share the over the last 12 months.
Click Here to get the full report on Charah Solutions Inc (CHRA) Stock.
