With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.11 million shares. The 52-week range on CRC shows that it touched its highest point at $60.41 and its lowest point at $30.97 during that stretch. It currently has a 1-year price target of $57.64. With its current market cap of 3.92 billion, CRC has annualized dividend of $1.55 while the current yield stands at 3.52%. Beta for the stock currently stands at 1.56.
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 CRC was up-trending over the past week, with a rise of 3.05%, but this was up by 23.88% over a month. Three-month performance surged to 7.37% while six-month performance fell -23.30%. The stock lost -1.92% in the past year, while it has lost -15.22% so far this year. A look at the trailing 12-month EPS for CRC yields 5.52 with Next year EPS estimates of 3.66. For the next quarter, that number is 0.86. This implies an EPS growth rate of -4.44% for this year and -1.59% for next year.
Float and Shares Shorts:
At present, 89.18 million CRC shares are outstanding with a float of 73.37 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRC since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.91409 being high and $3.41057 being low. For CRC, this leads to a yearly average estimate of $3.65758. Based on analyst estimates, the high estimate for the next quarter is $1.23 and the low estimate is $0.65. The average estimate for the next quarter is thus $0.97.
