Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $23.39 in the prior trading day, Comstock Resources, Inc (NYSE: CRK) closed at $23.22, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 1.28 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CRK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 1.48 whereas as Long-Term Debt/Eq ratio is at 1.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on April 22, 2025, initiated with a Neutral rating and assigned the stock a target price of $19.
On January 10, 2025, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $18.
Mizuho Upgraded its Underperform to Neutral on December 16, 2024, whereas the target price for the stock was revised from $10 to $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 30 ’24 when Davis Elizabeth B sold 8,000 shares for $18.17 per share. The transaction valued at 145,360 led to the insider holds 99,632 shares of the business.
Davis Elizabeth B sold 10,000 shares of CRK for $169,800 on Dec 27 ’24. The Director now owns 107,632 shares after completing the transaction at $16.98 per share. On Dec 24 ’24, another insider, Davis Elizabeth B, who serves as the Director of the company, sold 6,149 shares for $16.97 each. As a result, the insider received 104,334 and left with 117,632 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.92 while its Price-to-Book (P/B) ratio in mrq is 3.21.
Stock Price History:
Over the past 52 weeks, CRK has reached a high of $24.48, while it has fallen to a 52-week low of $7.74. The 50-Day Moving Average of the stock is 14.36%, while the 200-Day Moving Average is calculated to be 45.13%.
Shares Statistics:
A total of 292.92M shares are outstanding, with a floating share count of 78.09M. Insiders hold about 73.34% of the company’s shares, while institutions hold 30.16% stake in the company.
Earnings Estimates
The stock of Comstock Resources, Inc (CRK) is currently in the spotlight, with 12.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.21, with high estimates of $0.36 and low estimates of $0.11.
Analysts are recommending an EPS of between $1.2 and $0.55 for the fiscal current year, implying an average EPS of $0.82. EPS for the following year is $1.27, with 12.0 analysts recommending between $1.82 and $0.79.
Revenue Estimates
9 analysts predict $434.09M in revenue for the current quarter. It ranges from a high estimate of $510.34M to a low estimate of $379M. As of the current estimate, Comstock Resources, Inc’s year-ago sales were $246.83MFor the next quarter, 9 analysts are estimating revenue of $471M. There is a high estimate of $548.11M for the next quarter, whereas the lowest estimate is $399M.
A total of 10 analysts have provided revenue estimates for CRK’s current fiscal year. The highest revenue estimate was $2.17B, while the lowest revenue estimate was $1.59B, resulting in an average revenue estimate of $1.79B. In the same quarter a year ago, actual revenue was $1.25BBased on 10 analysts’ estimates, the company’s revenue will be $2.17B in the next fiscal year. The high estimate is $2.41B and the low estimate is $1.98B.
