Demystifying Crescent Energy: Insights From 5 Analyst Reviews


5 analysts have shared their evaluations of Crescent Energy CRGY during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 2 2 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 0 0 0
2M Ago 1 0 1 0 0
3M Ago 0 1 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $16.6, a high estimate of $20.00, and a low estimate of $13.00. Observing a downward trend, the current average is 3.77% lower than the prior average price target of $17.25.

Investigating Analyst Ratings: An Elaborate Study

The standing of Crescent Energy among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
William Janela Mizuho Raises Neutral $14.00 $13.00
Roger Read Wells Fargo Raises Overweight $20.00 $19.00
Neal Dingmann Truist Securities Lowers Buy $19.00 $23.00
William Janela Mizuho Lowers Neutral $13.00 $14.00
Mike Scialla Stephens & Co. Maintains Overweight $17.00 -

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Crescent Energy. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Crescent Energy compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Crescent Energy's stock. This examination reveals shifts in analysts' expectations over time.

To gain a panoramic view of Crescent Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Crescent Energy analyst ratings.

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About Crescent Energy

Crescent Energy Co 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 proven 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: Financial Performance Dissected

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Crescent Energy's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 11.41%. This indicates a substantial increase in the company's 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 is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -3.68%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Crescent Energy's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -1.31%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Crescent Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of -0.36%, the company showcases efficient use of assets and strong financial health.

Debt Management: Crescent Energy's debt-to-equity ratio stands notably higher than the industry average, reaching 0.93. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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

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