Comstock Resources Stock Buy Hold or Sell Recommendation
| CRK Stock | USD 19.13 0.09 0.47% |
Considering the 90-day investment horizon and your complete indifference towards market risk, our recommendation regarding Comstock Resources is 'Strong Buy'. The recommendation algorithm takes into account all of Comstock Resources' available fundamental, technical, and predictive indicators you will find on this site.
Check out Comstock 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. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide. Note, we conduct extensive research on individual companies such as Comstock and provide practical buy, sell, or hold advice based on investors' constraints. Comstock Resources. 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.
Comstock |
Execute Comstock Resources Buy or Sell Advice
The Comstock recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Comstock Resources. Macroaxis does not own or have any residual interests in Comstock Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Comstock Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Comstock Resources Trading Alerts and Improvement Suggestions
| Comstock Resources appears to be risky and price may revert if volatility continues | |
| Comstock Resources has 2.71 B in debt with debt to equity (D/E) ratio of 1.81, which is OK given its current industry classification. Comstock Resources has a current ratio of 0.54, 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 Comstock to invest in growth at high rates of return. | |
| About 74.0% of Comstock Resources shares are held by company insiders | |
| Latest headline from news.google.com: Comstock Resources price target raised to 6 from 5 at Piper Sandler - TipRanks |
Comstock Resources Returns Distribution Density
The distribution of Comstock Resources' historical returns is an attempt to chart the uncertainty of Comstock Resources' future price movements. The chart of the probability distribution of Comstock Resources daily returns describes the distribution of returns around its average expected value. We use Comstock Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Comstock Resources returns is essential to provide solid investment advice for Comstock Resources.
| Mean Return | 0.83 | Value At Risk | -4.54 | Potential Upside | 7.88 | Standard Deviation | 3.74 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Comstock 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.
Comstock Stock Institutional Investors
| Shares | Amundi | 2024-09-30 | 1.2 M | Wellington Management Company Llp | 2024-09-30 | 1.1 M | Northern Trust Corp | 2024-09-30 | 998.5 K | Bank Of New York Mellon Corp | 2024-09-30 | 902.3 K | Stifel Financial Corp | 2024-09-30 | 777.8 K | Amvescap Plc. | 2024-09-30 | 732.2 K | Goehring & Rozencwajg Associates Llc | 2024-09-30 | 727.4 K | Goldman Sachs Group Inc | 2024-09-30 | 720.3 K | Royce & Associates, Lp | 2024-09-30 | 689.8 K | Blackrock Inc | 2024-09-30 | 14.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 13.1 M |
Comstock Resources Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 11.7M | 391K | 24.0M | (38.0M) | (34.2M) | (32.5M) | |
| Free Cash Flow | 66.0M | 169.8M | 630.6M | (408.2M) | (367.4M) | (349.0M) | |
| Other Non Cash Items | 213.1M | 21.7M | (143.4M) | (99.1M) | (114.0M) | (108.3M) | |
| Capital Expenditures | 509.7M | 689.2M | 1.1B | 1.4B | 1.6B | 1.7B | |
| Net Income | (52.4M) | (241.7M) | 1.1B | 211.6M | 243.3M | 255.5M | |
| End Period Cash Flow | 30.3M | 30.7M | 54.7M | 16.7M | 19.2M | 29.7M | |
| Depreciation | 363.5M | 1.1B | 489.5M | 607.9M | 699.1M | 734.0M | |
| Dividends Paid | 25.6M | 17.5M | 50.7M | 139.0M | 159.8M | 167.8M | |
| Change To Inventory | (147.3M) | (15.5M) | (12.9M) | (74.8M) | (67.3M) | (63.9M) | |
| Investments | (511.2M) | (550.8M) | (1.1B) | (1.4B) | (1.2B) | (1.2B) | |
| Net Borrowings | 791.4M | (23.1M) | (288.9M) | (519.8M) | (467.8M) | (444.4M) | |
| Change To Netincome | (19.7M) | (12.0M) | 1.1B | 943.9M | 1.1B | 1.1B |
Comstock 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 Comstock 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 Comstock 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 Comstock 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 | 0.75 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 3.69 | |
Ir | Information ratio | 0.20 |
Comstock Resources Volatility Alert
Comstock Resources shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Comstock 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 Comstock 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.Comstock Resources Fundamentals Vs Peers
Comparing Comstock 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 Comstock Resources' direct or indirect competition across all of the common fundamentals between Comstock Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Comstock Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Comstock Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Comstock Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Comstock Resources to competition |
| Fundamentals | Comstock Resources | Peer Average |
| Return On Equity | -0.0237 | -0.31 |
| Return On Asset | -0.0118 | -0.14 |
| Profit Margin | (0.05) % | (1.27) % |
| Operating Margin | (0.20) % | (5.51) % |
| Current Valuation | 8.61 B | 16.62 B |
| Shares Outstanding | 292.26 M | 571.82 M |
| Shares Owned By Insiders | 74.45 % | 10.09 % |
| Shares Owned By Institutions | 32.36 % | 39.21 % |
| Number Of Shares Shorted | 23.52 M | 4.71 M |
| Price To Earning | 17.08 X | 28.72 X |
| Price To Book | 2.44 X | 9.51 X |
| Price To Sales | 4.38 X | 11.42 X |
| Revenue | 1.57 B | 9.43 B |
| Gross Profit | 699.48 M | 27.38 B |
| EBITDA | 1.02 B | 3.9 B |
| Net Income | 211.57 M | 570.98 M |
| Cash And Equivalents | 54.65 M | 2.7 B |
| Cash Per Share | 0.14 X | 5.01 X |
| Total Debt | 2.71 B | 5.32 B |
| Debt To Equity | 1.81 % | 48.70 % |
| Current Ratio | 0.55 X | 2.16 X |
| Book Value Per Share | 7.85 X | 1.93 K |
| Cash Flow From Operations | 1.02 B | 971.22 M |
| Short Ratio | 9.34 X | 4.00 X |
| Earnings Per Share | (0.18) X | 3.12 X |
| Price To Earnings To Growth | (0.04) X | 4.89 X |
| Target Price | 16.38 | |
| Number Of Employees | 251 | 18.84 K |
| Beta | 0.48 | -0.15 |
| Market Capitalization | 5.68 B | 19.03 B |
| Total Asset | 6.25 B | 29.47 B |
| Retained Earnings | 958.27 M | 9.33 B |
| Working Capital | (220 M) | 1.48 B |
Note: Disposition of 10000 shares by Elizabeth Davis of Comstock Resources at 16.98 subject to Rule 16b-3 [view details]
Comstock Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Comstock . 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 Comstock Resources Buy or Sell Advice
When is the right time to buy or sell Comstock Resources? Buying financial instruments such as Comstock 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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In addition to having Comstock Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Check out Comstock 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. For more information on how to buy Comstock Stock please use our How to buy in Comstock Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Comstock Resources. If investors know Comstock 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 Comstock 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 (0.79) | Earnings Share (0.18) | Revenue Per Share | Quarterly Revenue Growth (0.19) | Return On Assets |
The market value of Comstock Resources is measured differently than its book value, which is the value of Comstock that is recorded on the company's balance sheet. Investors also form their own opinion of Comstock Resources' value that differs from its market value or its book value, called intrinsic value, which is Comstock 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 Comstock Resources' market value can be influenced by many factors that don't directly affect Comstock 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 Comstock Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Comstock Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comstock 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.