Comstock Resources, Inc (CRK) shares projected to rise by -15.25%

Comstock Resources, Inc [CRK] stock is trading at $21.24, up 4.79%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRK shares have gain 14.01% over the last week, with a monthly amount glided 3.41%, and 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 April 22, 2025, when UBS initiated its Neutral rating and assigned the stock a price target of $19. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on January 10, 2025, and set its price target to $18. On December 16, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $18 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $14 on October 28, 2024. Siebert Williams Shank downgraded its rating to a Sell but $9 remained the price target by the analyst firm on October 15, 2024. Piper Sandler downgraded its rating to Underweight for this stock on August 15, 2024, and downed its price target to $5. In a note dated July 18, 2024, Wolfe Research initiated an Peer Perform rating.

Comstock Resources, Inc [CRK] stock has fluctuated between $7.74 and $22.06 over the past year. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Comstock Resources, Inc [NYSE: CRK] shares were valued at $21.24 at the most recent close of the market. An investor can expect a potential drop of -15.25% based on the average CRK price forecast.

Analyzing the CRK fundamentals

Comstock Resources, Inc [NYSE:CRK] reported sales of 1.38B for the trailing twelve months, which represents a growth of 52.74%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.42%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.14 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.49.

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 20.44 points at the first support level, and at 19.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.73, and for the 2nd resistance point, it is at 22.22.

Ratios To Look Out For

For context, Comstock Resources, Inc’s Current Ratio is 0.40. On the other hand, the Quick Ratio is 0.40, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 4.50, the price to book ratio is 2.93.

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.

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