California Resources Corporation (NYSE:CRC) belonging to the Oils-Energy sector which declined -1.36% and closed its last trading session at $12.33.
The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/3/2016. Currently, the stock has a 1 Year Price Target of $13.67.
The consensus recommendation, according to Zacks Investment research, is 3.17. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 3.17 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 3.17 and 3.17 respectively.
California Resources Corporation on 6/30/2016 reported its EPS as $-1.8 with the analysts projecting the EPS of the stock as $-1.49. The company beat the analyst EPS Estimate with the difference of $-0.31. This shows a surprise factor of -20.8%.
Many analysts have provided their estimated foresights on California Resources Corporation Earnings, with 7 analysts believing the company would generate an Average Estimate of $-1.44. Whereas they predicted High and Low Earnings Estimate as $-1.02 and $-2.11 respectively. While in the same Quarter Previous year, the Actual EPS was $-2.2.
Analysts are also projecting an Average Revenue Estimate for California Resources Corporation as $432.28 Million in the Current Quarter. This estimate is provided by 5 analysts. The High Revenue estimate is predicted as 458.7 Million, while the Low Revenue Estimate prediction stands at 395.73 Million. The company’s last year sales total was 626 Million.
For the Current Quarter, the growth estimate for California Resources Corporation is 34.5%, while for the Next Quarter the stock growth estimate is 61.5%. In the past 5 years, the stock showed growth of 0% per annum. While for the next 5 years, the growth estimate is -32.3%.
The Company got Downgrade by Societe Generale on 2-Mar-16 from Buy to Hold.
Insider Trades for California Resources Corporation show that the latest trade was made on 3 Aug 2016 where Williams (Darren), the Officer completed a transaction type “Sell” in which 1230 shares were traded at a price of $0.
Over the period of 6 months, Insider Purchases show a total of 7 transaction in which 38470 shares were traded.
6 analysts projected Price Targets for California Resources Corporation. The analysts believe that the company stock price could grow as high as $20. The Low Price target projection by analysts is $8 and the Mean Price Target is $13.67.
California Resources Corporation (NYSE:CRC) has the market capitalization of $498.63 Million. The company rocked its 52-Week High of $51.5 on Nov 10, 2015 and touched its 52-Week Low of $2.81 on Feb 25, 2016. The stock has Return on Assets (ROA) of -44.6 percent. Return on Equity (ROE) stands at 0% and Return on Investment (ROI) of -58.4 percent.
The stock is currently showing YTD performance of -47.08 Percent. The company has Beta Value of 0 and ATR value of 0.95. The Weekly and Monthly Volatility stands at 9.80% and 8.91%.
California Resources Corporation is engaged in exploration and production of oil and gas. The Company produces, gathers, processes and markets crude oil, natural gas, natural gas liquids and electricity primarily in the State of California. California Resources Corporation is based in Los Angeles, California.