At the time of writing, Comstock Resources, Inc [CRK] stock is trading at $17.90, down -1.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRK shares have gain 5.79% over the last week, with a monthly amount drifted -2.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Comstock Resources, Inc [NYSE: CRK] stock has seen the most recent analyst activity on January 10, 2025, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $18. Previously, Mizuho upgraded its rating to Neutral on December 16, 2024, and elevated its price target to $18. On October 28, 2024, BofA Securities initiated with a Buy rating and assigned a price target of $14 on the stock. Siebert Williams Shank downgraded its rating to a Sell but stick to its price target of $9 on October 15, 2024. Piper Sandler downgraded its rating to a Underweight and reduced its price target to $5 on August 15, 2024. In a note dated May 15, 2024, CapitalOne downgraded an Equal Weight rating on this stock.
For the past year, the stock price of Comstock Resources, Inc fluctuated between $7.74 and $22.06. Currently, Wall Street analysts expect the stock to reach $11.33 within the next 12 months. Comstock Resources, Inc [NYSE: CRK] shares were valued at $17.90 at the most recent close of the market. An investor can expect a potential drop of -36.7% based on the average CRK price forecast.
Analyzing the CRK fundamentals
According to Comstock Resources, Inc [NYSE:CRK], the company’s sales were 1.21B for trailing twelve months, which represents an -21.60% plunge. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.09 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.35.
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 17.53 points at the first support level, and at 17.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.40, and for the 2nd resistance point, it is at 18.89.
Ratios To Look Out For
It is important to note that Comstock Resources, Inc [NYSE:CRK] has a current ratio of 0.46. In addition, the Quick Ratio stands at 0.46 and the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 4.35, the price to book ratio is 2.33.
Transactions by insiders
Recent insider trading involved Davis Elizabeth B, Director, that happened on Dec 30 ’24 when 8000.0 shares were sold. Director, Davis Elizabeth B completed a deal on Dec 27 ’24 to sell 10000.0 shares. Meanwhile, Director Davis Elizabeth B sold 6149.0 shares on Dec 24 ’24.
