Crescent Energy Co. [CRGY] moved down -1.35: Why It’s Important

Crescent Energy Co. [NYSE: CRGY] loss -1.35% on the last trading session, reaching $13.14 price per share at the time.

If compared to the average trading volume of 3.55M shares, CRGY reached a trading volume of 6271955 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying about Crescent Energy Co. [CRGY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CRGY shares is $15.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CRGY stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Evercore ISI have made an estimate for Crescent Energy Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 24, 2024. While these analysts kept the previous recommendation, JP Morgan raised their target price to Neutral. The new note on the price target was released on September 18, 2024, representing the official price target for Crescent Energy Co. stock. Previously, the target price had yet another raise to $20, while Wells Fargo analysts kept a Overweight rating on CRGY stock.

The Average True Range (ATR) for Crescent Energy Co. is set at 0.47, with the Price to Sales ratio for CRGY stock in the period of the last 12 months amounting to 0.82. The Price to Book ratio for the last quarter was 0.69, with the Price to Cash per share for the same quarter was set at 4.79. Price to Free Cash Flow for CRGY in the course of the last twelve months was 4.32 with Quick ratio for the last quarter at 1.87.

Trading performance analysis for CRGY stock

Crescent Energy Co. [CRGY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.64. With this latest performance, CRGY shares gained by 26.71% in over the last four-week period, additionally plugging by 9.50% over the last 6 months – not to mention a rise of 19.02% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CRGY stock in for the last two-week period is set at 69.07, with the RSI for the last a single of trading hit 73.75, and the three-weeks RSI is set at 65.00 for Crescent Energy Co. [CRGY]. The present Moving Average for the last 50 days of trading for this stock 11.27, while it was recorded at 12.87 for the last single week of trading, and 11.57 for the last 200 days.

Crescent Energy Co. [CRGY]: A deeper dive into fundamental analysis

Crescent Energy Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.87 and a Current Ratio set at 1.87.

Crescent Energy Co. [CRGY]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Crescent Energy Co. posted -0.67/share EPS, while the average EPS was predicted by analysts to be reported at 0.27/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.94. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CRGY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Crescent Energy Co. go to 35.00%.

An analysis of Institutional ownership at Crescent Energy Co. [CRGY]

There are presently around $62.53%, or 66.80%% of CRGY stock, in the hands of institutional investors. The top three institutional holders of CRGY stocks are: VANGUARD GROUP INC with ownership of 11.76 million shares, which is approximately 10.5448%. AMERICAN CENTURY COMPANIES INC, holding 7.78 million shares of the stock with an approximate value of $$92.14 million in CRGY stocks shares; and AMERICAN CENTURY COMPANIES INC, currently with $$90.55 million in CRGY stock with ownership which is approximately 6.8523%.

Most Popular