Comstock Resources Stock Target Price and Analyst Consensus

CRK Stock  USD 10.06  0.33  3.18%   
The current analyst and expert consensus on Comstock Resources is Buy with 9 hold recommendations. The current projected Comstock Resources target price consensus is 13.09 with 13 analyst opinions. One of the most common ways Comstock Resources analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Comstock Resources vendors, executives, and/or customers. Comstock Resources recommendation module provides expert sentiment on the projected Comstock Resources target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Comstock Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
Lowest Forecast
11.91
Highest Forecast
14.53
Target Price
13.09
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 will most likely fall to about 227.7 M. At this time, Comstock Resources' Property Plant And Equipment Net is quite stable compared to the past year. Net Debt is expected to rise to about 2.8 B this year, although the value of Short Term Debt will most likely fall to about 22.6 M.
  
It's important to approach Comstock Resources' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Comstock Resources price targets

Comstock Resources' stock target price is an estimate of its future price, usually made by analysts. Using Comstock Resources' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Comstock Resources' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Comstock Resources' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Comstock Resources Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Comstock Resources is a key component of Comstock Resources valuation and have some predictive power on the future returns of a Comstock Resources.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Comstock Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
7.8510.3212.79
Details
Intrinsic
Valuation
LowRealHigh
9.5412.0114.48
Details
Naive
Forecast
LowNextHigh
7.8910.3712.84
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.1-0.070.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Comstock Resources. Your research has to be compared to or analyzed against Comstock Resources' peers to derive any actionable benefits. When done correctly, Comstock Resources' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Comstock Resources.

Trending Themes

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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 Macroaxis Advice on Comstock Resources to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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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The data published in Comstock Resources' official financial statements usually reflect Comstock Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Comstock Resources. For example, before you start analyzing numbers published by Comstock accountants, it's critical to develop an understanding of what Comstock Resources' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Comstock Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comstock Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Comstock Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Comstock Resources. Please utilize our Beneish M Score to check the likelihood of Comstock Resources' management manipulating its earnings.