In the last trading session, 3.18 million Crescent Energy Co (NYSE:CRGY) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $8.69 changed hands at -$0.03 or -0.34% during last session, the market valuation stood at $2.25B. CRGY’s last price was a discount, traded about -94.94% off its 52-week high of $16.94. The share price had its 52-week low at $6.83, which suggests the last value was 21.4% up since then. When we look at Crescent Energy Co’s average trading volume, we note the 10-day average is 3.31 million shares, with the 3-month average coming to 3.80 million.
Analysts gave the Crescent Energy Co (CRGY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.40. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 2 assigning it an Overweight rating. Of the remaining, 0 recommended CRGY as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Crescent Energy Co’s EPS for the current quarter is expected to be 0.44.
Crescent Energy Co (NYSE:CRGY) trade information
Instantly CRGY was in red as seen at the end of in last trading. With action 7.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -40.52%, with the 5-day performance at 7.28% in the green. However, in the 30-day time frame, Crescent Energy Co (NYSE:CRGY) is -22.89% down. Looking at the short shares, we see there were 15.34 million shares sold at short interest cover period of 3.22 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17.5, meaning bulls need an upside of 50.34% from its current market value. According to analyst projections, CRGY’s forecast low is 16 with 20 as the target high. To hit the forecast high, the stock’s price needs a -130.15% plunge from its current level, while the stock would need to soar -84.12% for it to hit the projected low.
Crescent Energy Co (CRGY) estimates and forecasts
Year-over-year growth is forecast to reach 24.69% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 936.22M. 7 analysts are of the opinion that Crescent Energy Co’s revenue for the current quarter will be 887.48M. The company’s revenue for the corresponding quarters a year ago was 657.47M and 653.28M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 42.40%. The estimates for the next quarter sales put growth at 35.85%.
The 2025 estimates are for Crescent Energy Co earnings to decrease by -17.12%, but the outlook for the next 5-year period is at -11.22% per year.
CRGY Dividends
Crescent Energy Co is expected to release its next quarterly earnings report on 2025-Feb-25. The 5.52% annual yield figure for the share gives it an annual dividend of 0.48. It is important to note, however, that the 5.52% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Crescent Energy Co (NYSE:CRGY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.52% of Crescent Energy Co shares while 97.61% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 103.31%. There are 97.61% institutions holding the Crescent Energy Co stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 10.5449% of the shares, roughly 11.76 million CRGY shares worth $139.35 million.
AMERICAN CENTURY COMPANIES INC holds the second largest percentage of outstanding shares, with 6.9729% or 7.78 million shares worth $92.14 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF . With 11.31 shares estimated at $98.28 million under it, the former controlled 5.87% of total outstanding shares. On the other hand, Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF held about 5.71% of the shares, roughly 11.0 shares worth around $95.6 million.
