Are Smart Investors Making the Right Decision? Crescent Energy Co. (CRGY)

With 1.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.63 million shares. During the session, the Oil & Gas Integrated company that operates in wider Energy sector, reached to the highest price of $12.59 whereas the lowest price it dropped to was $12.25. The 52-week range on CRGY shows that it touched its highest point at $13.85 and its lowest point at $9.88 during that stretch. It currently has a 1-year price target of $15.83. With its current market cap of 2.01 billion, CRGY has annualized dividend of $0.48 while the current yield stands at 3.90%. CRGY paid its most recent dividend on 1724025600, while the ex-dividend date for that was 1724025600. Beta for the stock currently stands at 1.15.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRGY was down-trending over the past week, with a drop of -8.14%, but this was up by 7.52% over a month. Three-month performance surged to 1.49% while six-month performance rose 11.62%. The stock gained 0.82% in the past year, while it has lost -6.89% so far this year. A look at the trailing 12-month EPS for CRGY yields 0.01 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.29. This implies an EPS growth rate of -38.05% for this year and -0.27% for next year.

Float and Shares Shorts:

At present, 163.12 million CRGY shares are outstanding with a float of 152.57 million shares on hand for trading. On 2024-09-30, short shares totaled 15.34 million, which was 947.0000000000001 higher than short shares on 1724976000. In addition to Mr. David C. Rockecharlie as the firm’s CEO & Director, Ms. Brandi Kendall serves as its CFO, Investor Relations & Director.

Institutional Ownership:

Through their ownership of 0.63758 of CRGY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CRGY reported revenue of $653283000.0 and operating income of $108443000.0. The EBITDA in the recently reported quarter was $321400000.0 and diluted EPS was $0.33.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRGY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.