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Comstock Resources (CRK)
NYSE:CRK
Comstock Resources (CRK) Stock Price & Analysis
566 Followers
CRK Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.07 - $13.22
Previous Close$9.86
Volume2.38M
Average Volume (3M)4.53M
Market Cap
$2.88B
Enterprise Value$5.60B
Total Cash (Recent Filing)$16.67M
Total Debt (Recent Filing)$2.71B
Price to Earnings (P/E)45.0
Beta1.21
Next Earnings
Jul 29, 2024EPS Estimate
-$0.15Next Dividend Ex-DateN/A
Dividend Yield5.07%
Share Statistics
EPS (TTM)0.22
Shares Outstanding278,429,463
10 Day Avg. Volume3,613,705
30 Day Avg. Volume4,530,439
Standard Deviation0.22
R-Squared0.03
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.34
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)3.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.72
Enterprise Value/Gross Profit3.58
Enterprise Value/Ebitda5.43
Forecast
1Y Price Target
$9.50Price Target Upside-4.81% Downside
Rating ConsensusHold
Number of Analyst Covering7
Comstock Resources News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceCRK reported production, DCFPS and EBITDA above expectations, highlighting the company's ability to exceed financial targets and deliver value.
Financial GuidanceCRK reaffirmed its 2024 D&C capex guidance, signaling confidence in its financial planning and strategic investments.
Operational EfficiencyCRK significantly reduced its 2024 capex, suggesting a potential for enhanced financial efficiency and cost management.
Bears Say
Dividend PolicyThe suspension of dividend and reduction in rig activity signal financial stress and a less attractive return for income-focused investors.
Financial PerformanceThe company's production guidance is below expectations due to increased capital expenditures, indicating potential challenges in maintaining profitability.
Market ValuationTrading at a lower free cash flow to enterprise value ratio compared to its peers, the company appears undervalued, possibly reflecting market concerns over its financial health.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CRK FAQ
What was Comstock Resources’s price range in the past 12 months?
Comstock Resources lowest stock price was $7.07 and its highest was $13.22 in the past 12 months.
What is Comstock Resources’s market cap?
Currently, no data Available
When is Comstock Resources’s upcoming earnings report date?
Comstock Resources’s upcoming earnings report date is Jul 29, 2024 which is in 86 days.
How were Comstock Resources’s earnings last quarter?
Comstock Resources released its earnings results on May 01, 2024. The company reported -$0.03 earnings per share for the quarter, beating the consensus estimate of -$0.07 by $0.04.
Is Comstock Resources overvalued?
According to Wall Street analysts Comstock Resources’s price is currently Overvalued.
Does Comstock Resources pay dividends?
Comstock Resources does not currently pay dividends.
What is Comstock Resources’s EPS estimate?
Comstock Resources’s EPS estimate is -$0.15.
How many shares outstanding does Comstock Resources have?
Comstock Resources has 292,202,270 shares outstanding.
What happened to Comstock Resources’s price movement after its last earnings report?
Comstock Resources reported an EPS of -$0.03 in its last earnings report, beating expectations of -$0.07. Following the earnings report the stock price went up 0.921%.
Which hedge fund is a major shareholder of Comstock Resources?
Among the largest hedge funds holding Comstock Resources’s share is Gotham Asset Management LLC. It holds Comstock Resources’s shares valued at 200K.
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Comstock Resources Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$9.50 (-4.81% Downside)
$9.50 (-4.81% Downside)
Blogger Sentiment
Bullish
CRK Sentiment 80%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 620.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $100.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.87%
12-Months-Change
Fundamentals
Return on Equity
2.52%
Trailing 12-Months
Asset Growth
10.81%
Trailing 12-Months
Company Description
Comstock Resources
Comstock Resources, Inc. engages in the acquisition, development, and exploration of oil and natural gas. It focuses primarily on properties located in Texas and Louisiana. The company was founded in 1919 and is headquartered in Frisco, TX.
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CRK Company Deck
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CRK Earnings Call
Q1 2024
0:00 / 0:00
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CRK Stock 12 Months Forecast
Average Price Target
$9.50
▼(-4.81% Downside)
Technical Analysis
Best Analysts Covering CRK
1 Year
1 Year Success Rate
7/18 ratings generated profit
1 Year Average Return
+5.53%
reiterated a buy rating 2 days ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 38.89% of your transactions generating a profit, with an average return of +5.53% per trade.
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