Analyst Expectations For Crescent Energy's Future

In the latest quarter, 8 analysts provided ratings for Crescent Energy CRGY, showcasing a mix of bullish and bearish perspectives.

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.

Analysts have recently evaluated Crescent Energy and provided 12-month price targets. The average target is $17.62, accompanied by a high estimate of $21.00 and a low estimate of $14.00. This upward trend is apparent, with the current average reflecting a 7.57% increase from the previous average price target of $16.38.

Analyzing Analyst Ratings: A Detailed Breakdown

A clear picture of Crescent Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Crescent Energy. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.

For valuable insights into Crescent Energy's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Crescent Energy analyst ratings.

Unveiling the Story Behind Crescent Energy

Crescent Energy Co is 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 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.

Crescent Energy's Financial Performance

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Crescent Energy's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 15.95% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.

Net Margin: Crescent Energy's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -1.34%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Crescent Energy's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -0.4%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Crescent Energy's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.12%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Crescent Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 1.17. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

Understanding the Relevance of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.