Crescent Energy (CRGY) Rises Higher Than Market: Key Facts

Group 1 - Crescent Energy (CRGY) closed at $8.50, reflecting a +1.07% change from the previous day, outperforming the S&P 500's gain of 0.44% [1] - Over the past month, Crescent Energy's shares declined by 15.39%, underperforming the Oils-Energy sector's gain of 3.62% and the S&P 500's gain of 4.03% [1] Group 2 - The upcoming earnings release for Crescent Energy is anticipated to show an EPS of $0.32, indicating a 17.95% decline year-over-year, while revenue is expected to reach $900.88 million, up 20.94% from the prior year [2] - For the fiscal year, earnings are projected at $1.53 per share and revenue at $3.63 billion, reflecting changes of -14.04% and +23.8% respectively from the previous year [3] Group 3 - Recent analyst estimate revisions for Crescent Energy suggest a direct correlation with stock price performance, indicating potential optimism about the business outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Crescent Energy at 3 (Hold), with a 6.29% decline in the Zacks Consensus EPS estimate over the past month [5] Group 4 - Crescent Energy is currently trading at a Forward P/E ratio of 5.51, which is significantly lower than the industry average Forward P/E of 20.16 [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 180, placing it in the bottom 28% of over 250 industries [6]