While Crescent Energy Co has underperformed by -5.12%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRGY rose by 16.39%, with highs and lows ranging from $16.94 to $9.88, whereas the simple moving average fell by -1.42% in the last 200 days.
On February 03, 2025, Siebert Williams Shank started tracking Crescent Energy Co (NYSE: CRGY) recommending Buy. A report published by Pickering Energy Partners on October 28, 2024, Initiated its previous ‘Outperform’ rating for CRGY. Evercore ISI also rated CRGY shares as ‘Outperform’, setting a target price of $17 on the company’s shares in an initiating report dated September 24, 2024. JP Morgan Initiated an Neutral rating on September 18, 2024, and assigned a price target of $12. Wells Fargo initiated its ‘Overweight’ rating for CRGY, as published in its report on August 08, 2024. Wolfe Research’s report from July 18, 2024 suggests a price prediction of $16 for CRGY shares, giving the stock a ‘Outperform’ rating. KeyBanc Capital Markets also rated the stock as ‘Overweight’.
Analysis of Crescent Energy Co (CRGY)
The current dividend for CRGY investors is set at $0.48 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 33.08%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Crescent Energy Co’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -4.74% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.95, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and CRGY is recording an average volume of 3.21M. On a monthly basis, the volatility of the stock is set at 3.52%, whereas on a weekly basis, it is put at 4.56%, with a loss of -14.86% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.08, showing growth from the present price of $12.78, which can serve as yet another indication of whether CRGY is worth investing in or should be passed over.
How Do You Analyze Crescent Energy Co Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.68%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 96.25% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CRGY shares are owned by institutional investors to the tune of 96.25% at present.
