Comstock Resources (NYSE:CRK - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $408.99 million for the quarter.
Comstock Resources (NYSE:CRK - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.14. The firm had revenue of $366.51 million during the quarter, compared to analysts' expectations of $370.62 million. Comstock Resources had a negative net margin of 18.32% and a negative return on equity of 3.10%. On average, analysts expect Comstock Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Comstock Resources Stock Up 0.4 %
Comstock Resources stock traded up $0.08 during mid-day trading on Monday, reaching $18.47. 256,975 shares of the company's stock were exchanged, compared to its average volume of 2,656,907. The company has a quick ratio of 0.60, a current ratio of 0.46 and a debt-to-equity ratio of 1.27. Comstock Resources has a twelve month low of $7.74 and a twelve month high of $22.06. The company has a market cap of $5.41 billion, a P/E ratio of -24.30, a P/E/G ratio of 1.65 and a beta of 0.42. The company has a fifty day moving average of $18.99 and a 200-day moving average of $17.13.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. UBS Group started coverage on Comstock Resources in a research note on Tuesday, April 22nd. They set a "neutral" rating and a $19.00 target price for the company. Williams Trading set a $13.00 target price on Comstock Resources in a report on Wednesday, March 5th. Truist Financial lifted their price target on Comstock Resources from $11.00 to $19.00 and gave the stock a "hold" rating in a report on Monday, January 13th. Piper Sandler increased their price objective on Comstock Resources from $5.00 to $6.00 and gave the company an "underweight" rating in a report on Wednesday, January 29th. Finally, Morgan Stanley restated a "cautious" rating and set a $22.00 target price (up previously from $21.00) on shares of Comstock Resources in a research note on Wednesday, March 26th. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $14.23.
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About Comstock Resources
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Comstock Resources, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.
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