Stock Price & Analysis

Based on the recent market data and analysis, here's a concise assessment of CRK stock:

Technical Analysis

• The stock is showing a bearish trend with significant put option activity, indicating market participants are positioning for potential downside
• Current price at $7.95 shows weakness, trading below both 5-day ($19.69) and 20-day ($18.75) moving averages
• RSI-14 at 51.38 suggests neutral momentum but trending lower

Fundamental Factors

• Upcoming earnings release on February 18th, 2025 with analysts expecting revenue of $376 million and EPS of $0.02
• Mixed institutional sentiment with 99 investors adding positions while 151 reduced holdings
• Recent analyst actions show cautious stance:
  • Truist Securities raised price target to $19 from $11 with Hold rating
  • Piper Sandler maintains Underweight with $6 target

Key Risks

• High insider selling activity relative to buying over past period
• Bearish options flow with put/call ratio at 4.46
• Natural gas price volatility affecting operational margins

Conclusion Based on the technical weakness, bearish options activity, and mixed analyst sentiment, selling CRK stock appears to be the more prudent action at current levels.

Based on the provided data and market analysis, here is the price prediction for CRK stock in 2025:

Technical Analysis:

The stock shows a strong upward trend from its recent low of $7.24 in February 2024 to current levels around $19.38. Key technical indicators suggest continued momentum:

• RSI-14 at 51.38 indicates neutral momentum with room for further upside
• MACD is positive with bullish crossover (MACD: 0.21, Signal: 0.13)
• Stock trading above all major moving averages (SMA 20: $18.75, SMA 60: $17.97)

Price Target Analysis:

According to recent analyst updates:

• Morgan Stanley: $18.00
• Truist Securities: $19.00
• Mizuho: $18.00
• Average target: $15.30

2025 Price Prediction:

Based on technical analysis, analyst forecasts, and current market conditions, CRK is expected to trade in the range of $21-24 by end of 2025, representing 8-24% upside from current levels. This projection is supported by:

1. Strong technical momentum and trading above key moving averages
2. Fibonacci resistance levels showing next targets at $20.50 and $21.32
3. Recent analyst upgrades with multiple firms raising price targets

The stock is likely to maintain its upward trajectory unless natural gas prices significantly deteriorate or broader market conditions materially change.

The S1 support level for CRK Stock is $17.67 ,The R1 resistant level for CRK Stock is $20.51.

As of the end of day on 2025-02-27, the price of CRK Stock was $17.85.

The target price for CRK Stock according to analyst rating is 16.50, with the highest price target at 24.00 and the lowest at 6.00. Analysts have a Moderate Sell rating on CRK Stock overall.

The market cap of CRK is $5.1B.

Based on the comprehensive data analysis, CRK appears to be overvalued at current levels. Here's why:

The company's revenue declined significantly from $3.63B in 2022 to $1.57B in 2023, representing a -56.9% drop. Net income also decreased substantially from $1.12B to $212M.

The PE ratio increased from 3.33 in 2022 to 11.58 in 2023, while EV/EBITDA rose from 2.13 to 6.13, indicating expanding valuation multiples despite deteriorating fundamentals.

The stock's technical indicators show mixed signals with RSI at 51.38 (neutral territory) and MACD showing weak positive momentum (0.21).

Recent analyst consensus indicates a moderate sell rating with a price target of $16.50, suggesting an -18.6% downside from current levels.

The company faces significant operational challenges with gross margins declining from 64.23% to 17.14% year-over-year.

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.

Based on the available data and analyst reports, here's a price prediction for CRK stock by 2030:

Comstock Resources (CRK) stock is projected to reach $24-26 by 2030, driven by its strategic position in the Haynesville shale basin and proximity to Gulf Coast markets. The company's current challenges with revenue decline (-19.18%) and negative net margin (-9.49%) are expected to improve as natural gas demand grows. Recent analyst upgrades from major firms like Morgan Stanley ($21) and BofA ($24) support this long-term bullish outlook.

CRK has a total of 251 employees.