Comstock Resources Stock Profit Margin

CRK Stock  USD 9.28  0.02  0.22%   
Comstock Resources fundamentals help investors to digest information that contributes to Comstock Resources' financial success or failures. It also enables traders to predict the movement of Comstock Stock. The fundamental analysis module provides a way to measure Comstock Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comstock Resources stock.
At this time, Comstock Resources' Pretax Profit Margin is quite stable compared to the past year. Operating Profit Margin is expected to rise to 0.15 this year, although the value of Gross Profit Margin will most likely fall to 0.16.
  
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Comstock Profit Margin Analysis

Comstock Resources' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Profit Margin

 = 

Net Income

Revenue

X

100

More About Profit Margin | All Equity Analysis

Current Comstock Resources Profit Margin

    
  0.14 %  
Most of Comstock Resources' fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comstock Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Comstock Profit Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Comstock Resources is extremely important. It helps to project a fair market value of Comstock Stock properly, considering its historical fundamentals such as Profit Margin. Since Comstock Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comstock Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comstock Resources' interrelated accounts and indicators.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Competition

Comstock Pretax Profit Margin

Pretax Profit Margin

0.17

At this time, Comstock Resources' Pretax Profit Margin is quite stable compared to the past year.
Based on the latest financial disclosure, Comstock Resources has a Profit Margin of 0.1354%. This is 105.71% lower than that of the Oil, Gas & Consumable Fuels sector and 98.2% lower than that of the Energy industry. The profit margin for all United States stocks is 110.66% lower than that of the firm.

Comstock Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comstock Resources' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comstock Resources could also be used in its relative valuation, which is a method of valuing Comstock Resources by comparing valuation metrics of similar companies.
Comstock Resources is currently under evaluation in profit margin category among related companies.

Comstock Fundamentals

About Comstock Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comstock Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comstock Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comstock Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Pretax Profit Margin 0.16  0.17 
Operating Profit Margin 0.14  0.15 
Net Profit Margin 0.14  0.14 
Gross Profit Margin 0.17  0.16 

Comstock Resources Investors Sentiment

The influence of Comstock Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comstock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Comstock Resources' public news can be used to forecast risks associated with an investment in Comstock. The trend in average sentiment can be used to explain how an investor holding Comstock can time the market purely based on public headlines and social activities around Comstock Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Comstock Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comstock Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Comstock Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comstock Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comstock Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comstock Resources' short interest history, or implied volatility extrapolated from Comstock Resources options trading.

Pair Trading with Comstock Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comstock Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comstock Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Comstock Stock

  0.51CKX CKX Lands Earnings Call TodayPairCorr
The ability to find closely correlated positions to Comstock Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comstock Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comstock Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comstock Resources to buy it.
The correlation of Comstock Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comstock Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comstock Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comstock Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Comstock Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Comstock Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Comstock Resources Stock. Highlighted below are key reports to facilitate an investment decision about Comstock Resources Stock:
Check out Comstock Resources Piotroski F Score and Comstock Resources Altman Z Score analysis.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
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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.