Stock Jumping Abnormally High: California Resources Corporation (NYSE:CRC)

stock overview

California Resources Corporation (CRC) belonging to the Energy sector has surged 5.56% and closed its last trading session at $37.78.

The company reported its EPS on 6/29/2018. Currently, the stock has a 1 Year Price Target of $45.33.

The consensus recommendation, according to Zacks Investment research, is 2. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 2 respectively.

California Resources Corporation on 6/29/2018 reported its EPS as $-1.22 with the analysts projecting the EPS of the stock as $-1.59. The company beat the analyst EPS Estimate with the difference of $0.37. This shows a surprise factor of 0.233%.

Many analysts have provided their estimated foresights on California Resources Corporation Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.15.

Whereas they predicted High and Low Earnings Estimate as $0.76 and $-0.17 respectively. While in the same Quarter Previous year, the Actual EPS was $-1.22.

Analysts are also projecting an Average Revenue Estimate for California Resources Corporation as $652000 in the Current Quarter. This estimate is provided by 4 analysts.

The High Revenue estimate is predicted as 694000, while the Low Revenue Estimate prediction stands at 624570. The company’s last year sales total was 445000.

For the Current Quarter, the growth estimate for California Resources Corporation is 102.7%, while for the Next Quarter the stock growth estimate is 86.89%.

In the running year, the stock showed growth of 92.05% per annum. While for the next year, the growth estimate is 888.57%.

California Resources Corporation (CRC) has the market capitalization of $1.83 Billion. The company rocked its 52-Week High of $48.85 and touched its 52-Week Low of $7.4.

The stock has Return on Assets (ROA) of -5.5 percent. Return on Equity (ROE) stands at 46.8% and Return on Investment (ROI) of 1.5 percent.

The stock is currently showing YTD performance of 94.34 Percent. The company has Beta Value of 5.72 and ATR value of 2.44. The Weekly and Monthly Volatility stands at 7.54% and 6.61%.