California Resources Corporation (CRC) Hit 52-Week High at $45.05 on Jun, 27

June 27, 2018 - By Joseph March

During 2018 Q1 the big money sentiment decreased to 0. That’s change of 0.50, from 2017Q4’s 0.5. 1 investors sold all, 0 reduced holdings as California Resources Corporation ratio fall. 0 increased positions while 0 funds took positions. Funds hold 197,046 shares thus 0.00% less from 2017Q4’s 197,048 shares.
Vantage Advsrs Limited Liability Corporation holds 7 shs or 0% of its capital. Gemmer Asset Mngmt reported 27 shs. Cypress Limited Liability Company (Wy) holds 4 shs or 0% of its capital. Adams Asset Advsrs Ltd Limited Liability Company reported 0.46% of its capital in California Resources Corporation (NYSE:CRC). Messner Smith Theme Value Investment Mgmt Ltd Ca holds 2 shs.

California Resources Corporation (NYSE:CRC) broke into yearly high touching $45.05. Our PT is $46.40. On Jun, 27 the yearly high was reported by Barchart.com. California Resources Corporation (NYSE:CRC) has $2.17B MC. $65.16M more could be NYSE:CRC valuation at $46.40 share price.

CRC is touching $45.05 during the last trading session, after increased 7.24%.California Resources Corporation has volume of 1.51M shares. Since June 27, 2017 CRC has risen 180.92% and is uptrending. The stock outperformed the S&P500 by 168.35%.

California Resources Corporation (NYSE:CRC)’s earnings report is expected on August, 2., according to Zacks. Last year’s earnings per share was $-1.83, while now analysts expect change of 84.15 % up from current $-0.29 earnings per share. After $0.18 EPS report last quarter, Wall Street now sees -261.11 % negative EPS growth of California Resources Corporation.

California Resources Corporation (NYSE:CRC) Ratings Coverage

Total analysts of 5 have positions in California Resources (NYSE:CRC) as follows: 2 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 40%. The firm has $41 highest while $16.0 is the lowest price target. The average target $32.63 is -27.57% below the last ($45.05) price. Since January 4, 2018 according to StockzIntelligence Inc California Resources has 12 analyst reports. On Monday, February 12 the firm has “Buy” rating by Imperial Capital given. In Thursday, May 17 report Imperial Capital maintained it with “Outperform” rating and $41 target. On Tuesday, January 16 the rating was upgraded by Bank of America to “Buy”. The stock rating was maintained by Susquehanna with “Hold” on Wednesday, January 17. In Thursday, April 19 report Susquehanna maintained the stock with “Hold” rating. On Thursday, January 4 the firm has “Neutral” rating given by Bank of America. On Friday, April 27 the rating was downgraded by Societe Generale to “Hold”. On Thursday, February 1 Goldman Sachs upgraded the shares of CRC in report to “Hold” rating. On Monday, May 7 Imperial Capital maintained California Resources Corporation (NYSE:CRC) rating. Imperial Capital has “Buy” rating and $3500 target. On Monday, March 5 the stock of California Resources Corporation (NYSE:CRC) has “Hold” rating given by Susquehanna.

Another two news for California Resources Corporation (NYSE:CRC) were briefly posted by: Nasdaq.com on June 22, 2018 with title “Mid-Afternoon Market Update: Red Hat Falls On Weak Forecast; Tandem Diabetes Care Shares Climb”. The other Nasdaq.com‘s article was titled “Mid-Day Market Update: Crude Oil Up Over 4%; WillScot Shares Spike Higher” and posted on June 22, 2018.

California Resources Corporation operates as an oil and natural gas exploration and production firm in the State of California.The firm is worth $2.17 billion. It produces and markets crude oil, natural gas, and natural gas liquids.Last it reported negative earnings. The firm holds interests in approximately 2.3 million net acres of mineral acreage.

California Resources Corporation (NYSE:CRC) Analyst Ratings Chart

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