What is the stock price trajectory of Crescent Energy Co (CRGY)?

At the time of writing, Crescent Energy Co [CRGY] stock is trading at $14.31, up 1.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRGY shares have gain 3.02% over the last week, with a monthly amount glided 16.34%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On September 18, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $12 on the stock. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on June 27, 2024, and assigned it a price target of $16. In a note dated April 10, 2024, Tudor Pickering Holt & Co. initiated an Buy rating and provided a target price of $18 on this stock.

For the past year, the stock price of Crescent Energy Co fluctuated between $9.88 and $14.24. Currently, Wall Street analysts expect the stock to reach $16.86 within the next 12 months. Crescent Energy Co [NYSE: CRGY] shares were valued at $14.31 at the most recent close of the market. An investor can expect a potential return of 17.82% based on the average CRGY price forecast.

Analyzing the CRGY fundamentals

According to Crescent Energy Co [NYSE:CRGY], the company’s sales were 2.71B for trailing twelve months, which represents an 15.95% jump. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.

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 14.02 points at the first support level, and at 13.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.46, and for the 2nd resistance point, it is at 14.61.

Ratios To Look Out For

It is important to note that Crescent Energy Co [NYSE:CRGY] has a current ratio of 0.93. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 0.81 and price to earnings (TTM) ratio is 23.35.

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.

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