A share price of California Resources Corporation [CRC] is currently trading at $47.27, up 2.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRC shares have gain 5.89% over the last week, with a monthly amount glided 7.97%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
California Resources Corporation [NYSE: CRC] stock has seen the most recent analyst activity on May 30, 2025, when Barclays upgraded its rating to a Overweight but kept the price target unchanged to $60 for it. Previously, Citigroup downgraded its rating to Neutral on April 07, 2025, and kept the price target unchanged to $36. On January 13, 2025, Truist initiated with a Buy rating and assigned a price target of $75 on the stock. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $63 on December 20, 2024. Jefferies initiated its recommendation with a Buy and recommended $64 as its price target on October 24, 2024. Stephens started tracking with a Overweight rating for this stock on October 22, 2024, and assigned it a price target of $73. In a note dated October 16, 2024, UBS initiated an Buy rating and provided a target price of $68 on this stock.
California Resources Corporation experienced fluctuations in its stock price throughout the past year between $30.97 and $60.41. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. California Resources Corporation [NYSE: CRC] shares were valued at $47.27 at the most recent close of the market. An investor can expect a potential drop of -0.57% based on the average CRC price forecast.
Analyzing the CRC fundamentals
Trailing Twelve Months sales for California Resources Corporation [NYSE:CRC] were 3.34B which represents 72.57% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.16 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
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 46.30 points at the first support level, and at 45.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.15, and for the 2nd resistance point, it is at 49.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for California Resources Corporation [NYSE:CRC] is 0.83. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 8.57.
Transactions by insiders
Recent insider trading involved CHAPMAN JAMES N, Director, that happened on Mar 21 ’25 when 17.0 shares were purchased. Director, CHAPMAN JAMES N completed a deal on Mar 05 ’25 to buy 2000.0 shares. Meanwhile, EVP – Operations Hayat Omar sold 16016.0 shares on Dec 12 ’24.
