Crescent Point Energy Corp (CPG) concluded trading on 11/22/23 at a closing price of $6.93, with 3.78 million shares of worth about $26.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.36% during that period and on Wednesday the price saw a loss of about -1.56%. Currently the company’s common shares owned by public are about 550.89M shares, out of which, 533.06M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 12 analysts are covering the CPG stock and their offered price forecasts bring an average price target of $10.72. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $13.84 and could fall to a lowest price of $8.78. The stock’s current price level is 35.35% above of average price target set by the analysts, while a rise to estimated low would result in gain of 21.07% for the stock. However, touching the estimated high of $13.84 would mean a gain of 49.93% for the stock.
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Crescent Point Energy Corp (NYSE: CPG) started trading at $6.81, below -$0.23 from concluding price of the previous day. However, the stock later moved at a day high price of 6.98, or with a loss of -1.56%. Stock saw a price change of -1.28% in past 5 days and over the past one month there was a price change of -13.09%. Year-to-date (YTD), CPG shares are showing a performance of -2.24% which decreased to -10.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.56 but also hit the highest price of $8.57 during that period. The average intraday trading volume for Crescent Point Energy Corp shares is 3.67 million. The stock is currently trading -7.39% below its 20-day simple moving average (SMA20), while that difference is down -11.74% for SMA50 and it goes to -5.95% lower than SMA200.
Crescent Point Energy Corp (NYSE: CPG) currently have 550.89M outstanding shares and institutions hold larger chunk of about 38.51% of that.
The stock has a current market capitalization of $3.72B and its 3Y-monthly beta is at 2.09. It has posted earnings per share of -$1.21 in the same period. It has Quick Ratio of 1.29 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CPG, volatility over the week remained 2.62% while standing at 3.06% over the month.
Analysts are in expectations that Crescent Point Energy Corp (CPG) stock would likely to be making an EPS of $Chipotle Mexican Grill, Inc. in the current quarter, while forecast for next quarter EPS is $2,218.93 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Callon Petroleum Company which is $Coupang, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Canadian Pacific Kansas City Li in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -106.63% while it is estimated to increase by 1046.05% in next year.
Analysts at 12 brokerage firms have issued recommendations for the Crescent Point Energy Corp (CPG)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.17. Out of those 12 Wall Street analysts, 10 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
