For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $39.73 in the prior trading day, California Resources Corporation (NYSE: CRC) closed at $39.17, down -1.41%. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 1.37 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CRC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.32.
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:
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 12 ’24 when Hayat Omar sold 16,016 shares for $55.18 per share. The transaction valued at 883,821 led to the insider holds 30,940 shares of the business.
Preston Michael L. sold 83,000 shares of CRC for $4,580,559 on Dec 12 ’24. The EVP, Chf Strategy Officer & GC now owns 41,938 shares after completing the transaction at $55.19 per share. On Dec 12 ’24, another insider, Preston Michael L., who serves as the Officer of the company, bought 83,000 shares for $55.19 each.
Valuation Measures:
As of this moment, California’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.53, and their Forward P/E ratio for the next fiscal year is 9.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 1.00.
Stock Price History:
Over the past 52 weeks, CRC has reached a high of $60.41, while it has fallen to a 52-week low of $39.17. The 50-Day Moving Average of the stock is -21.23%, while the 200-Day Moving Average is calculated to be -23.51%.
Shares Statistics:
A total of 91.37M shares are outstanding, with a floating share count of 75.24M. Insiders hold about 17.65% of the company’s shares, while institutions hold 86.88% stake in the company.
