Assessing Comstock Resources: Insights From 6 Financial Analysts

Comstock Resources CRK underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

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 0 4 1 0
Last 30D 0 0 1 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 2 1 0
3M Ago 0 0 1 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $21.83, a high estimate of $27.00, and a low estimate of $12.00. Observing a 13.7% increase, the current average has risen from the previous average price target of $19.20.

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Comstock Resources by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Paul Diamond Citigroup Raises Neutral $27.00 $22.00
Kalei Akamine B of A Securities Raises Buy $27.00 $25.00
Mark Lear Piper Sandler Raises Underweight $12.00 $6.00
Nitin Kumar Mizuho Raises Neutral $24.00 $22.00
Peyton Dorne UBS Announces Neutral $19.00 -
Devin McDermott Morgan Stanley Raises Equal-Weight $22.00 $21.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Comstock Resources. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Comstock Resources compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Comstock Resources's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of Comstock Resources'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 Comstock Resources analyst ratings.

Delving into Comstock Resources's Background

Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana and Texas.

Key Indicators: Comstock Resources's Financial Health

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Comstock Resources displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 52.74%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.

Net Margin: Comstock Resources's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -23.65%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -5.56%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Comstock Resources's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.87%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Comstock Resources's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.49, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

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

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CRKComstock Resources Inc
$25.23-1.52%

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