The stock of California Resources Corporation (CRC) has seen a 2.64% increase in the past week, with a -12.78% drop in the past month, and a -25.39% decrease in the past quarter. The volatility ratio for the week is 3.60%, and the volatility levels for the past 30 days are at 4.04% for CRC. The simple moving average for the last 20 days is -4.96% for CRC stock, with a simple moving average of -17.51% for the last 200 days.
Is It Worth Investing in California Resources Corporation (NYSE: CRC) Right Now?
California Resources Corporation (NYSE: CRC) has a higher price-to-earnings ratio of 10.23x compared to its average ratio. CRC has 36-month beta value of 1.47. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for CRC is 74.75M, and currently, short sellers hold a 5.21% ratio of that float. The average trading volume of CRC on March 14, 2025 was 792.37K shares.
CRC) stock’s latest price update
California Resources Corporation (NYSE: CRC)’s stock price has plunge by -1.41relation to previous closing price of 42.65. Nevertheless, the company has seen a 2.64% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-03-03 that California Resources Corporation (NYSE:CRC ) Q4 2024 Earnings Conference Call March 3, 2025 1:00 PM ET Company Participants Joanna Park – VP, IR & Treasurer Francisco Leon – CEO, President & Director Clio Crespy – EVP & CFO Francisco Leon – CEO, President & Director Jay Bys – EVP & Chief Commercial Officer Conference Call Participants Scott Hanold – RBC Capital Markets Kalei Akamine – Bank of America Merrill Lynch Nate Pendleton – Texas Capital Josh Silverstein – UBS Betty Jiang – Barclays Neal Dingmann – Truist Securities David Deckelbaum – TD Cowen Alejandra Magana – JPMorgan Leo Mariani – Roth Michael Scialla – Stephens Operator Good day, and welcome to the California Resources Corporation Fourth Quarter and Year-End 2024 Earnings Conference Call. [Operator Instructions] Note this event is being recorded.
Analysts’ Opinion of CRC
Many brokerage firms have already submitted their reports for CRC stocks, with Truist repeating the rating for CRC by listing it as a “Buy.” The predicted price for CRC in the upcoming period, according to Truist is $75 based on the research report published on January 13, 2025 of the current year 2025.
JP Morgan, on the other hand, stated in their research note that they expect to see CRC reach a price target of $63. The rating they have provided for CRC stocks is “Neutral” according to the report published on December 20th, 2024.
Jefferies gave a rating of “Buy” to CRC, setting the target price at $64 in the report published on October 24th of the previous year.
CRC Trading at -13.18% from the 50-Day Moving Average
After a stumble in the market that brought CRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.39% of loss for the given period.
Volatility was left at 4.04%, however, over the last 30 days, the volatility rate increased by 3.60%, as shares sank -8.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.29% lower at present.
During the last 5 trading sessions, CRC rose by +2.64%, which changed the moving average for the period of 200-days by -10.01% in comparison to the 20-day moving average, which settled at $44.24. In addition, California Resources Corporation saw -18.96% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRC starting from CHAPMAN JAMES N, who purchase 2,000 shares at the price of $39.42 back on Mar 05 ’25. After this action, CHAPMAN JAMES N now owns 43,445 shares of California Resources Corporation, valued at $78,840 using the latest closing price.
Hayat Omar, the EVP – Operations of California Resources Corporation, sale 16,016 shares at $55.18 during a trade that took place back on Dec 12 ’24, which means that Hayat Omar is holding 30,940 shares at $883,821 based on the most recent closing price.
Stock Fundamentals for CRC
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.82 for the gross margin
The net margin for California Resources Corporation stands at 0.11. The total capital return value is set at 0.11. Equity return is now at value 13.06, with 6.75 for asset returns.
Based on California Resources Corporation (CRC), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is 7.97.
Currently, EBITDA for the company is 991.0 million with net debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 7.07for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To put it simply, California Resources Corporation (CRC) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
