California Resources Corp Stock Buy Hold or Sell Recommendation
| CRC Stock | USD 58.05 1.54 2.58% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding California Resources Corp is 'Sell'. Macroaxis provides California Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CRC positions.
Check out California Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as California and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards California Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
California |
Execute California Resources Buy or Sell Advice
The California recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on California Resources Corp. Macroaxis does not own or have any residual interests in California Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute California Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
California Resources Trading Alerts and Improvement Suggestions
| California Resources Corp has 610 M in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. California Resources Corp has a current ratio of 0.69, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for California to invest in growth at high rates of return. | |
| Over 94.0% of California Resources shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: California Resources Corporation Names Clio Crespy as Chief Financial Officer |
California Resources Returns Distribution Density
The distribution of California Resources' historical returns is an attempt to chart the uncertainty of California Resources' future price movements. The chart of the probability distribution of California Resources daily returns describes the distribution of returns around its average expected value. We use California Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of California Resources returns is essential to provide solid investment advice for California Resources.
| Mean Return | 0.21 | Value At Risk | -3.15 | Potential Upside | 3.57 | Standard Deviation | 2.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of California Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
California Stock Institutional Investors
| Shares | Geode Capital Management, Llc | 2024-09-30 | 1.6 M | Orbis Allan Gray Ltd | 2024-09-30 | 1.1 M | Victory Capital Management Inc. | 2024-09-30 | 1.1 M | Sourcerock Group Llc | 2024-09-30 | 1 M | Charles Schwab Investment Management Inc | 2024-09-30 | 974.2 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 949.8 K | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-09-30 | 937.3 K | Citadel Advisors Llc | 2024-09-30 | 934.1 K | Northern Trust Corp | 2024-09-30 | 805.8 K | Canada Pension Plan Investment Board | 2024-09-30 | 10.5 M | Blackrock Inc | 2024-06-30 | 10.1 M |
California Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (6M) | 27M | 1M | (8M) | (12M) | (11.4M) | |
| Change In Cash | 11M | (6M) | 277M | 2M | 189M | 198.5M | |
| Free Cash Flow | 676M | 59M | 660M | 678M | 460M | 293.2M | |
| Other Non Cash Items | 583M | (459M) | 538M | (201M) | (231M) | (219.5M) | |
| Capital Expenditures | 455M | 47M | 194M | 12M | 185M | 175.8M | |
| Dividends Paid | 2.3B | 445M | 14M | 59M | 81M | 77.0M | |
| Investments | (394M) | (37M) | (32M) | (4M) | (212M) | (222.6M) | |
| Change To Netincome | 239M | (2.2B) | 248M | 763M | 877.5M | 921.3M |
California Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to California Resources or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that California Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a California stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.30 | |
σ | Overall volatility | 2.19 | |
Ir | Information ratio | 0.04 |
California Resources Volatility Alert
California Resources Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.04 and Jensen Alpha of 0.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure California Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact California Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.California Resources Fundamentals Vs Peers
Comparing California Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze California Resources' direct or indirect competition across all of the common fundamentals between California Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as California Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of California Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing California Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare California Resources to competition |
| Fundamentals | California Resources | Peer Average |
| Return On Equity | 0.19 | -0.31 |
| Return On Asset | 0.0414 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.20 % | (5.51) % |
| Current Valuation | 6.3 B | 16.62 B |
| Shares Outstanding | 91.71 M | 571.82 M |
| Shares Owned By Insiders | 10.15 % | 10.09 % |
| Shares Owned By Institutions | 94.44 % | 39.21 % |
| Number Of Shares Shorted | 3.37 M | 4.71 M |
| Price To Earning | 1.33 X | 28.72 X |
| Price To Book | 1.52 X | 9.51 X |
| Price To Sales | 2.05 X | 11.42 X |
| Revenue | 2.81 B | 9.43 B |
| Gross Profit | 1.94 B | 27.38 B |
| EBITDA | 1.03 B | 3.9 B |
| Net Income | 564 M | 570.98 M |
| Cash And Equivalents | 324 M | 2.7 B |
| Cash Per Share | 4.30 X | 5.01 X |
| Total Debt | 610 M | 5.32 B |
| Debt To Equity | 0.42 % | 48.70 % |
| Current Ratio | 0.70 X | 2.16 X |
| Book Value Per Share | 39.13 X | 1.93 K |
| Cash Flow From Operations | 645 M | 971.22 M |
| Short Ratio | 5.57 X | 4.00 X |
| Earnings Per Share | 7.02 X | 3.12 X |
| Price To Earnings To Growth | 2.16 X | 4.89 X |
| Target Price | 65.7 | |
| Number Of Employees | 970 | 18.84 K |
| Beta | 1.43 | -0.15 |
| Market Capitalization | 5.32 B | 19.03 B |
| Total Asset | 4 B | 29.47 B |
| Retained Earnings | 1.42 B | 9.33 B |
| Working Capital | 313 M | 1.48 B |
Note: Acquisition by James Chapman of 5029 shares of California Resources subject to Rule 16b-3 [view details]
California Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as California . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About California Resources Buy or Sell Advice
When is the right time to buy or sell California Resources Corp? Buying financial instruments such as California Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out California Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil & Gas Exploration & Production space 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 California Resources. If investors know California 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 California 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 (0.92) | Dividend Share 1.318 | Earnings Share 7.02 | Revenue Per Share 35.122 | Quarterly Revenue Growth 0.502 |
The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California 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 California Resources' market value can be influenced by many factors that don't directly affect California 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 California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California 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.