Crescent Energy (CRGY) closed at $8.12, down 1.58% from the previous day, while the S&P 500 gained 0.65%. The stock fell 13.16% in the past month, lagging the sector and S&P 500. Analysts predict an EPS of $0.25 and revenue of $897.73 million for Crescent Energy’s upcoming earnings report.
The Zacks Consensus Estimates forecast a full-year EPS of $1.6 and revenue of $3.63 billion for Crescent Energy, with recent analyst estimate revisions indicating potential changes in short-term business dynamics. Crescent Energy currently holds a Zacks Rank of #5 (Strong Sell). Investors can benefit from these estimate changes with the Zacks Rank model.
Crescent Energy’s forward P/E ratio of 6.48 is lower than the industry average of 19.09. The Alternative Energy – Other industry ranks in the top 40% of industries, with top-rated industries outperforming the bottom half by 2 to 1. Investors can find more information on Zacks.com, including insights into the upcoming AI explosion and potential investment opportunities.
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Read more at Nasdaq: Crescent Energy (CRGY) Stock Falls Amid Market Uptick: What Investors Need to Know
