Comstock Resources Stock Performance
| CRK Stock | USD 10.06 0.33 3.18% |
On a scale of 0 to 100, Comstock Resources holds a performance score of 13. The firm shows a Beta (market volatility) of 1.15, which signifies a somewhat significant risk relative to the market. Comstock Resources returns are very sensitive to returns on the market. As the market goes up or down, Comstock Resources is expected to follow. Please check Comstock Resources' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Comstock Resources' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Comstock Resources are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady basic indicators, Comstock Resources disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (3.18) | Five Day Return (1.57) | Year To Date Return 12.53 | Ten Year Return (92.76) | All Time Return (83.23) |
Forward Dividend Yield 0.068 | Payout Ratio 0.7996 | Last Split Factor 1:5 | Forward Dividend Rate 0.5 | Dividend Date 2023-12-15 |
1 | Comstock Resources Non-GAAP EPS of 0.10 misses by 0.03, revenue of 410.58M beats by | 02/13/2024 |
2 | Decoding 5 Analyst Evaluations For Comstock Resources - Comstock Resources - Benzinga | 03/07/2024 |
3 | Acquisition by Blue Star Exploration Corp of 12500000 shares of Comstock Resources at 8.036 subject to Rule 16b-3 | 03/25/2024 |
4 | Traders Purchase Large Volume of Comstock Resources Call Options - MarketBeat | 03/27/2024 |
5 | COMSTOCK RESOURCES, INC. ANNOUNCES PRIVATE OFFERING OF 6.75 percent SENIOR NOTES DUE IN 2029 | 04/02/2024 |
6 | Should You Be Worried About Comstock Resources, Inc.s 8.9 percent Return On Equity | 04/08/2024 |
7 | Acquisition by Roland Burns of 92461 shares of Comstock Resources subject to Rule 16b-3 | 04/09/2024 |
8 | Mizuho raises Comstock shares target, retains underperform on high leverage | 04/15/2024 |
9 | Ohio Uticas Ascent Resources Credit Rep Rises on Production, Cash Flow | 04/23/2024 |
10 | Comstock Metals Completes Commissioning of First Facility | 04/25/2024 |
11 | Comstock Resources Q1 2024 Earnings Preview | 04/30/2024 |
| Begin Period Cash Flow | 54.7 M |
Comstock |
Comstock Resources Relative Risk vs. Return Landscape
If you would invest 781.00 in Comstock Resources on January 31, 2024 and sell it today you would earn a total of 225.00 from holding Comstock Resources or generate 28.81% return on investment over 90 days. Comstock Resources is generating 0.4327% of daily returns assuming volatility of 2.4953% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Comstock, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Comstock Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comstock Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Comstock Resources, and traders can use it to determine the average amount a Comstock Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1734
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Comstock Resources is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Comstock Resources by adding it to a well-diversified portfolio.
Comstock Resources Fundamentals Growth
Comstock Stock prices reflect investors' perceptions of the future prospects and financial health of Comstock Resources, and Comstock Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Comstock Stock performance.
| Return On Equity | 0.0909 | ||||
| Return On Asset | 0.0237 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 5.61 B | ||||
| Shares Outstanding | 292.2 M | ||||
| Price To Earning | 17.08 X | ||||
| Price To Book | 1.18 X | ||||
| Price To Sales | 1.78 X | ||||
| Revenue | 1.57 B | ||||
| Gross Profit | 2.82 B | ||||
| EBITDA | 834.38 M | ||||
| Net Income | 211.57 M | ||||
| Cash And Equivalents | 54.65 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 2.71 B | ||||
| Debt To Equity | 1.81 % | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | 8.47 X | ||||
| Cash Flow From Operations | 1.02 B | ||||
| Earnings Per Share | 0.76 X | ||||
| Market Capitalization | 3.04 B | ||||
| Total Asset | 6.47 B | ||||
| Retained Earnings | 958.27 M | ||||
| Working Capital | (220 M) | ||||
| Current Asset | 156.24 M | ||||
| Current Liabilities | 95.72 M | ||||
About Comstock Resources Performance
To evaluate Comstock Resources Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Comstock Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Comstock Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Comstock Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Comstock's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 8.80 | 9.24 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.04 | 0.02 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.09 | 0.15 |
Things to note about Comstock Resources performance evaluation
Checking the ongoing alerts about Comstock Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Comstock Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 2.71 B in debt with debt to equity (D/E) ratio of 1.81, which is OK given its current industry classification. Comstock Resources has a current ratio of 0.54, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Comstock Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Comstock Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Comstock Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comstock to invest in growth at high rates of return. When we think about Comstock Resources' use of debt, we should always consider it together with cash and equity. | |
| About 69.0% of Comstock Resources shares are held by company insiders | |
| Latest headline from seekingalpha.com: Comstock Resources Q1 2024 Earnings Preview |
- Analyzing Comstock Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Comstock Resources' stock is overvalued or undervalued compared to its peers.
- Examining Comstock Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Comstock Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Comstock Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Comstock Resources' stock. These opinions can provide insight into Comstock Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comstock Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Comstock Stock analysis
When running Comstock Resources' price analysis, check to measure Comstock Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comstock Resources is operating at the current time. Most of Comstock Resources' value examination focuses on studying past and present price action to predict the probability of Comstock Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comstock Resources' price. Additionally, you may evaluate how the addition of Comstock Resources to your portfolios can decrease your overall portfolio volatility.
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Is Comstock Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comstock Resources. If investors know Comstock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comstock Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Dividend Share 0.5 | Earnings Share 0.76 | Revenue Per Share 5.654 | Quarterly Revenue Growth (0.56) |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.