Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of California Resources Corporation (NYSE: CRC) closed at $34.83 in the last session, down -14.17% from day before closing price of $40.58. In other words, the price has decreased by -$14.17 from its previous closing price. On the day, 1.51 million shares were traded. CRC stock price reached its highest trading level at $38.9 during the session, while it also had its lowest trading level at $34.43.
Ratios:
We take a closer look at CRC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
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, Truist on January 13, 2025, initiated with a Buy rating and assigned the stock a target price of $75.
On December 20, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $63.
On October 24, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $64.Jefferies initiated its Buy rating on October 24, 2024, with a $64 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 21 ’25 when CHAPMAN JAMES N bought 17 shares for $44.49 per share. The transaction valued at 775 led to the insider holds 43,462 shares of the business.
CHAPMAN JAMES N bought 2,000 shares of CRC for $78,840 on Mar 05 ’25. The Director now owns 43,445 shares after completing the transaction at $39.42 per share. On Dec 12 ’24, another insider, Hayat Omar, who serves as the EVP – Operations of the company, sold 16,016 shares for $55.18 each. As a result, the insider received 883,821 and left with 30,940 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRC now has a Market Capitalization of 3157224960 and an Enterprise Value of 4015805696. As of this moment, California’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.47, and their Forward P/E ratio for the next fiscal year is 8.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.37 whereas that against EBITDA is 3.76.
Stock Price History:
The Beta on a monthly basis for CRC is 1.46, which has changed by -0.3749103 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, CRC has reached a high of $60.41, while it has fallen to a 52-week low of $38.02. The 50-Day Moving Average of the stock is -23.21%, while the 200-Day Moving Average is calculated to be -31.27%.
Shares Statistics:
According to the various share statistics, CRC traded on average about 1.02M shares per day over the past 3-months and 849580 shares per day over the past 10 days. A total of 91.10M shares are outstanding, with a floating share count of 74.64M. Insiders hold about 17.66% of the company’s shares, while institutions hold 87.55% stake in the company. Shares short for CRC as of 1741910400 were 4978113 with a Short Ratio of 4.88, compared to 1739491200 on 4118238. Therefore, it implies a Short% of Shares Outstanding of 4978113 and a Short% of Float of 8.3100006.
Dividends & Splits
The forward annual dividend rate for CRC is 1.47, which was 1.395 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03437654
