Crescent Energy Co (NYSE: CRGY) is -28.06% lower on its value in year-to-date trading and has touched a low of $9.88 and a high of $16.94 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRGY stock was last observed hovering at around $10.30 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $10.51, the stock is -19.59% and -27.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.94 million and changing 2.04% at the moment leaves the stock -18.65% off its SMA200. CRGY registered -1.22% loss for a year compared to 6-month gain of -1.87%.
The stock witnessed a -28.31% loss in the last 1 month and extending the period to 3 months gives it a -27.12%, and is -6.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.22% over the week and 4.57% over the month.
Crescent Energy Co (CRGY) has around 987 employees, a market worth around $2.72B and $2.93B in sales. Fwd P/E is 5.51. Profit margin for the company is -3.91%. Distance from 52-week low is 6.38% and -37.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.85%).
with sales reaching $945.8M over the same period.The EPS is expected to grow by 8.96% this year, but quarterly earnings will post 29.77% year-over-year. Quarterly sales are estimated to grow 43.85% in year-over-year returns.
Crescent Energy Co (CRGY) Top Institutional Holders
The shares outstanding are 187.07M, and float is at 181.60M with Short Float at 11.46%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.76 million shares valued at $139.35 million. The investor’s holdings represent 10.5448% of the CRGY Shares outstanding. As of 2024-06-30, the second largest holder is AMERICAN CENTURY COMPANIES INC with 7.78 million shares valued at $92.14 million to account for 6.9729 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.64 million shares representing 6.8523% and valued at over $90.55 million, while STATE STREET CORP holds 3.4053 of the shares totaling 3.8 million with a market value of $45.0 million.
Crescent Energy Co (CRGY) Insider Activity
The most recent transaction is an insider sale by KKR Group Partnership L.P., the company’s 10% Owner. SEC filings show that KKR Group Partnership L.P. sold 2,948,723 shares of the company’s common stock on Mar 10 ’25 at a price of $9.91 per share for a total of $29.22 million. Following the sale, the insider now owns 0.0 shares.
Crescent Energy Co disclosed in a document filed with the SEC on Mar 10 ’25 that Independence Energy Aggregator (10% Owner) sold a total of 2,948,723 shares of the company’s common stock. The trade occurred on Mar 10 ’25 and was made at $9.91 per share for $29.22 million. Following the transaction, the insider now directly holds 0.0 shares of the CRGY stock.
Still, SEC filings show that on Mar 10 ’25, Independence Energy Aggregator (10% Owner) Proposed Sale 2,948,723 shares at an average price of $9.91 for $29.22 million. The insider now directly holds shares of Crescent Energy Co (CRGY).
