Crescent Energy Co. [CRGY] stock prices are down -0.09% to $11.44 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CRGY shares have gain 7.52% over the last week, with a monthly amount glided 3.72%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Crescent Energy Co. [NYSE: CRGY] stock has seen the most recent analyst activity on September 18, 2024, when JP Morgan initiated its Neutral rating and assigned the stock a price target of $12. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $16 on June 27, 2024. Tudor Pickering Holt & Co. initiated its recommendation with a Buy and recommended $18 as its price target on April 10, 2024. Mizuho downgraded its rating to Neutral for this stock on January 03, 2024, and downed its price target to $14. In a note dated December 05, 2023, Raymond James initiated an Strong Buy rating and provided a target price of $16 on this stock.
The stock price of Crescent Energy Co. [CRGY] has been fluctuating between $9.88 and $13.85 over the past year. Currently, Wall Street analysts expect the stock to reach $16.83 within the next 12 months. Crescent Energy Co. [NYSE: CRGY] shares were valued at $11.44 at the most recent close of the market. An investor can expect a potential return of 47.12% based on the average CRGY price forecast.
Analyzing the CRGY fundamentals
The Crescent Energy Co. [NYSE:CRGY] reported sales of 2.61B for trailing twelve months, representing a surge of 32.69%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.22 points at the first support level, and at 11.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.68, and for the 2nd resistance point, it is at 11.92.
Ratios To Look Out For
It’s worth pointing out that Crescent Energy Co. [NYSE:CRGY]’s Current Ratio is 1.87. Further, the Quick Ratio stands at 1.87, while the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 0.60 and price to earnings (TTM) ratio is 1285.39.
Transactions by insiders
Recent insider trading involved Shi Bo, that happened on Sep 05 ’24 when 950.0 shares were purchased., Falk Todd completed a deal on Sep 05 ’24 to buy 1000.0 shares. Meanwhile, Rockecharlie David C. bought 10000.0 shares on Sep 05 ’24.