Throughout the last three months, 4 analysts have evaluated Crescent Energy CRGY, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 1 | 0 | 0 |
Last 30D | 0 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 1 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Crescent Energy, presenting an average target of $17.5, a high estimate of $20.00, and a low estimate of $14.00. This upward trend is apparent, with the current average reflecting a 2.94% increase from the previous average price target of $17.00.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive Crescent Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Tim Rezvan | Keybanc | Announces | Overweight | $16.00 | - |
Neal Dingmann | Truist Securities | Raises | Buy | $20.00 | $19.00 |
William Janela | Mizuho | Raises | Neutral | $14.00 | $13.00 |
Roger Read | Wells Fargo | Raises | Overweight | $20.00 | $19.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Crescent Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Crescent Energy compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Crescent Energy's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Crescent Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
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Discovering Crescent Energy: A Closer Look
Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non‐operated assets, mineral and royalty interests, and midstream infrastructure.
Unraveling the Financial Story of Crescent Energy
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Crescent Energy displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 11.41%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: Crescent Energy's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -3.68%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Crescent Energy's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -1.31%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Crescent Energy's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.36%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.93, caution is advised due to increased financial risk.
Analyst Ratings: What Are They?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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