Crescent Energy Co (NYSE:CRGY) price on Wednesday, April 30, fall -3.27% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.28.
A look at the stock’s price movement, the close in the last trading session was $8.56, moving within a range at $8.13 and $8.485. The beta value (5-Year monthly) was 1.241. Turning to its 52-week performance, $16.94 and $6.83 were the 52-week high and 52-week low respectively. Overall, CRGY moved -26.33% over the past month.
Crescent Energy Co’s market cap currently stands at around $2.14 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25. The company has a Forward Dividend ratio of 0.48, with its dividend yield at 5.80%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 936.22M for the company’s revenue for the quarter, with a low and high estimate of 906M and 974M respectively. The average forecast suggests up to a 42.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 3.65B, representing a 24.69% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CRGY is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend CRGY as a Buy and 2 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CRGY’s current price about -0.67% and -20.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.64, while 7-day volatility ratio is 3.69% and 7.84% in the 30-day chart. Further, Crescent Energy Co (CRGY) has a beta value of 1.27, and an average true range (ATR) of 0.55. Analysts have given the company’s stock an average 52-week price target of $17.5, forecast between a low of $16 and high of $20. Looking at the price targets, the low is -93.24% off current price level while to achieve the yearly target high, price needs to move -141.55%. Nonetheless, investors will most likely welcome a -111.35% jump to $17.5 which is the analysts’ median price.
If we refocus on Crescent Energy Co (NYSE:CRGY), historical trading data shows that trading volumes averaged 3.18 over the past 10 days and 3.85 million over the past 3 months. The company’s latest data on shares outstanding shows there are 187.07 million shares.
The 24.76% of Crescent Energy Co’s shares are in the hands of company insiders while institutional holders own 94.12% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.34 million on 2025-04-15, giving us a short ratio of 3.22. The data shows that as of 2025-04-15 short interest in Crescent Energy Co (CRGY) stood at 1107.0 of shares outstanding, with shares short falling to 16.82 million registered in 2025-03-14. Current price change has pushed the stock -43.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CRGY stock continues to rise going into the next quarter.
