With 0.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.05 million shares. The 52-week range on CRC shows that it touched its highest point at $60.41 and its lowest point at $30.97 during that stretch. It currently has a 1-year price target of $55.93. With its current market cap of 3.22 billion, CRC has annualized dividend of $1.47 while the current yield stands at 4.15%. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRC was up-trending over the past week, with a rise of 0.82%, but this was up by 1.95% over a month. Three-month performance dropped to -26.89% while six-month performance fell -31.67%. The stock lost -31.05% in the past year, while it has lost -31.57% so far this year. A look at the trailing 12-month EPS for CRC yields 4.11 with Next year EPS estimates of 3.19. For the next quarter, that number is 0.59. This implies an EPS growth rate of -23.38% for this year and 6.99% for next year.
Float and Shares Shorts:
At present, 91.10 million CRC shares are outstanding with a float of 74.64 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRC since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.91409 being high and $3.41057 being low. For CRC, this leads to a yearly average estimate of $3.65758.
