At the time of writing, Crescent Energy Co [CRGY] stock is trading at $8.38, up 3.08%. 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 12.79% over the last week, with a monthly amount drifted -28.50%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $12 on September 18, 2024. In a note dated June 27, 2024, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $16 on this stock.
For the past year, the stock price of Crescent Energy Co fluctuated between $6.83 and $16.94. Currently, Wall Street analysts expect the stock to reach $17.75 within the next 12 months. Crescent Energy Co [NYSE: CRGY] shares were valued at $8.38 at the most recent close of the market. An investor can expect a potential return of 111.81% based on the average CRGY price forecast.
Analyzing the CRGY fundamentals
According to Crescent Energy Co [NYSE:CRGY], the company’s sales were 2.93B for trailing twelve months, which represents an 33.08% jump. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.05 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
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 8.17 points at the first support level, and at 7.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.59, and for the 2nd resistance point, it is at 8.80.
Ratios To Look Out For
It is important to note that Crescent Energy Co [NYSE:CRGY] has a current ratio of 0.95. Further, the Quick Ratio stands at 0.95, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved Kendall Brandi, that happened on Mar 17 ’25 when 932.0 shares were purchased. Director, DUGINSKI MICHAEL completed a deal on Mar 13 ’25 to buy 20000.0 shares. Meanwhile, Director DUGINSKI MICHAEL bought 6000.0 shares on Mar 12 ’25.
