Currently, there are 194.97M common shares owned by the public and among those 144.86M shares have been available to trade.
The company’s stock has a 5-day price change of -7.13% and -47.83% over the past three months. CRGY shares are trading -45.59% year to date (YTD), with the 12-month market performance down to -24.29% lower. It has a 12-month low price of $6.83 and touched a high of $16.94 over the same period. CRGY has an average intraday trading volume of 4.06 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.97%, -20.07%, and -35.85% respectively.
Institutional ownership of Crescent Energy Co (NYSE: CRGY) shares accounts for 89.02% of the company’s 194.97M shares outstanding.
It has a market capitalization of $2.10B and a beta (3y monthly) value of 1.27. The earnings-per-share (ttm) stands at -$0.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.68% over the week and 7.12% over the month.
Analysts forecast that Crescent Energy Co (CRGY) will achieve an EPS of 0.3 for the current quarter, 0.32 for the next quarter and 1.48 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.06 while analysts give the company a high EPS estimate of 0.06. Comparatively, EPS for the current quarter was 0.5 a year ago. Earnings per share for the fiscal year are expected to decrease by -16.08%, and -2.88% over the next financial year.
Evercore ISI was of a view on September 24, 2024 that the stock is Outperform, while JP Morgan gave the stock Neutral rating on September 18, 2024, issuing a price target of $12. Wells Fargo on their part issued Overweight rating on August 08, 2024.
